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  1. Despite recent improvement, more than half of Greeks unable to afford one-week holiday
    Photo by Harry van Versendaal

    Society

    residents of all ages who made at least one trip came to 4.8 million and the number of trips to 7.9... at least one trip for personal purposes was seen in those aged 45-64 where an increase of 5.7 percent

    26%

  2. DBRS ups Greece's rating one notch further into investment grade

    Economy

    On Friday DBRS upped Greece's credit rating to ‘BBB’, one notch further into investment grade, while the outlook was lowered to stable from positive. After Scope Ratings in December, DBRS is the latest agency to take Greece further into investment grade, with Moody’s remaining the only one yet

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  3. Primary cash balance posts deficit of 316 mln in first 5 months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a year ago. As previously noted, this year’s figure includes a one-off item of around 2 billion... of the year. It is noted that, excluding arrears’ payments, the respective figure dropped by 277 million

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  4. Newsletter 188 -21/12/2018

    Newsletters

    guerrilla group. A number of New Democracy officials made similar comments to the one by Alafouzos... payments showed a decline of 277 million euros to come to 5.19 billion euros. Overall expenditure from

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  5. Vaccination scheme gaps identified as Greece prepares to discard masks
    Photo via https://flic.kr/p/2ixuThi

    PoliticsGreek Politics

    close to 43 pct have received at least one jab. The uptake so far has been patchy in terms of geography... patients has edged down to 277. Draft laws Away from the coronavirus, Wednesday’s political agenda

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  6. Govt takes up fiscal requests with EU as pressure over min wage, main homes mounts
    Photo by Panayiotis Tzamaros/Fosphotos

    Politics

    longer-term requests: One is for the creating of a so-called smoothing mechanism to allow any excess surplus from one year to be transferred to the next, along with the longstanding demand..., the institutions also have their mind on other matters, including the primary residence protection

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  7. Wage ruling gives gov't immediate fiscal headache, political one may come later

    PoliticsGreek Politics

    and even then it can only be put towards one-off measures, not those of a permanent fiscal nature

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  8. Only one in 10 jobless Greeks receiving unemployment benefits
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    Only one in ten of the registered unemployed in Greece are in receipt of any kind of unemployment assistance, according to new figures released by the state jobs agency OAED. According to data for the month of March, a total of 1,057,350 were registered as jobless, which represented a slight

    26%

  9. S&P lowers Greek long-term rating by one notch to CCC-

    Economy

    S&P lowered on Monday Greece’s long-term rating by one notch to ‘CCC-‘ from ‘CCC’ with negative outlook. Greece’s rating by S&P is now the lowest among the rating agencies with Fitch’s rating at ‘CCC’ and Moody’s at ‘Caa2’, which is equivalent to ‘CCC’. Based on the S&P sovereign calendar, the next

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  10. Moody's downgrades Greece's rating by one notch to Caa3

    Economy

    Following S&P and Fitch, Moody’s downgraded on Wednesday Greece’s government bond rating by one notch to Caa3 from Caa2, while rating is on review for further downgrade. The key driver that triggered the downgrade lies with the fall in the probability of support to Greece since the previous

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