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ND's electoral bill put before MPs as PM mulls options for president
PoliticsGreek Politicssaw the election winner awarded a 50-seat bonus, but a sliding scale that could lead to the victorious... also having the gravitas to go with the role and being a figure with a respectable level of public
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NOME auctions as a mechanism to strengthen competition in the Greek electricity market
Legalof that said Law, as amended by para. 1 of Article 3 of Law no.4393/2016, establishes the sales... must be placed (namely article 135 para.2 Law. 4389/2016, as amended by article 3 para 1 of law... of the previous year. This calculation methodology is repeated in the KYSOIP Decision no. 38 Art. 1 para. 2.3.
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Karatzaferis offers to boost New Democracy's right wing with LAOS alliance
PoliticsGreek Politicsscene, taking 5.63 percent of the vote in the elections that saw Karamanlis’s New Democracy suffer... where liberal reformists sat uncomfortably alongside staunch nationalists. This odd and precarious
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Newsletter 17 - 27/02/2015
euros in the 9-month period compared to 363 million for the whole 2013. January saw slump in deposits... for the settlement of non-performing loans. Also, the various sides have not yet sat down to discuss the complex
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Will the real men of unity please stand up?
Agorais in talks about a (politically toxic in Greece) third bailout despite European Commission denials, saw... adopted by Tsipras and Varoufakis has not sat well with European officials and there have been
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammea preference for an ambitious, front-loaded adjustment, the report notes that the IMF clearly saw... and the OSI, public debt recorded a relatively modest immediate decrease to 305 billion euros (160 percent
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Athens offers continued, but limited support to Ukraine, while seeking balance with China
PoliticsForeign Policyrelations with Greece. In February, China’s Deputy Prime Minister Sun Chunlan visited Athens. However, she... with Chunlan. The Chinese official signed a Memorandum of Understanding in sports as well as two
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Greece saw first annual deflation in almost half a century in 2013
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...
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Most Greeks saw income fall over last year, limiting purchasing power
SocietyThe results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...
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