Thursday, 29 September 2016

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  • Greek SMEs continue to have bleak view of their future

    21/09/2016

    The vast majority of small and medium-sized businesses are in a more difficult financial position than ever before and there is a risk that the overall job losses in the sector could hit 55,000 in 2016, a study by the country’s small and medium-business association has claimed.
  • In EU, Athenians least satisfied with city life but becoming happier

    Photo by Can Esenbel [www.mundanepleasure.com] 13/09/2016

    While residents of Athens are the least satisfied with life in the city compared to those in the capitals of the of the 27 EU member states, they are increasingly warming to the Greek capital, research from the EU’s statistical arm has found.
  • Latest data highlights how hard it is for unemployed Greeks to find jobs

    Photo by MacroPolis 02/09/2016

    Out of all the people in Greece who were unemployed in the fourth quarter 2015, 94.6 percent remained out of work in the first quarter 2016, in what is the highest rate in the European Union, data from Eurostat has shown.
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  • A market for NPL resolution

    21/09/2016

    When the largest Greek banks (in terms of assets) published their second quarter results a fortnight ago, much investor attention was focused on the formation and breakdown of non-performing exposure (NPE) on their respective balance sheets.
  • Out with the old, in with the old

    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com] 16/09/2016

    Perhaps more so than its promises about debt reduction, its ambitious targets for welfare spending and its abstract pledge to restore pride, what swung it for SYRIZA back in January 2015, when it first came to power, was the hope that it would represent something new.
  • Refugee crisis charade adds insult to EU's injuries

    Photo via Human Rights Watch https://www.hrw.org/ 14/09/2016

    Since the European Union and Turkey agreed on a formula in March to manage refugee flows in a more orderly manner, by removing any incentive for migrants to cross the Aegean on their own, the crisis has faded into the background. Aided by the closure of borders in the Balkans and central Europe, the EU–Turkey agreement triggered a significant enough fall in arrivals to make the flow manageable and give much of Europe peace of mind.