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ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
PoliticsGreek Politicswill have to pay sanctions of around 310 million dollars, of which 85 million dollars relates to bribery
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Accommodation and food services turnover collapses by 84.6 pct in Q2
EconomyMacroeconomyto 310 euros, from 558 last year.
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Athens buoyed by content, mood of Mitsotakis trip to Washington
PoliticsForeign Policythe world's longest submarine power cable (310 kilometres (190 mi) from Israel to Cyprus and 898
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Nobody has less confidence in their government than the Greeks, OECD finds
SocietyThe Organization for Economic Cooperation and Development (OECD) has published its annual Government at a Glance report for 2013. The study includes some interesting data on Greece, particularly with regard to people’s plummeting trust in decision maker...
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Independent Greeks to go it alone rather than join grand right-wing alliance
PoliticsGreek PoliticsA few days after the prospect of an alliance between New Democracy and ultranationalist LAOS was floated, the possibility of even broader cooperation among right wing parties in Greece has been nipped in the bud. The anti-austerity Independent Greeks, l...
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August trade deficit shrinks by 29.5 pct as imports fall faster than exports
EconomyMacroeconomyGreece’s trade deficit narrowed by 29.5 percent in August, after soaring by a similar rate in July, according to the Hellenic Statistical Authority (ELSTAT). The absolute figure showed the trade deficit in August fell to 1.23 billion euros, which is the...
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Tsipras and SYRIZA: More old than new
AgoraAlexis Tsipras staked his political future on the “new vs old” concept in the September 20 elections. His victory at the ballot box, though, does not mean that it can yet be deemed a winning strategy. Why was it a risk to claim he could be the new broom...
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Greek corporate lending rates up to 250 bps higher than eurozone average
EconomyMacroeconomyGreek households’ new time deposit rate fell by 10 basis points (bps) to 0.91 percent in February after remaining broadly stable in the preceding two months, Bank of Greece (BoG) figures showed on Monday. The headline figure for February indicates a new...
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Athens gears up for Cyprus talks, expecting progress rather than agreement
PoliticsForeign PolicyFollowing 19 months of intensive talks aiming to reunify Cyprus, the two Cypriot leaders are due to meet in Geneva on Monday at the beginning of a crucial week of negotiations on the issues of territory, security and guarantees. All sides are expressing...
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Progress rather than breakthrough the target at Eurogroup
PoliticsGreek PoliticsExpectations are relatively low for Monday’s Eurogroup, with the most that can be expected being an initial agreement between Greece and the institutions on the basic elements needed in order for the review to be completed. Going into the meeting of the...
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