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  1. It's not the distance; it's the load you carry
    Photo by Harry van Versendaal

    Agora

    It is natural to attempt to instill some hope when one addresses a nation that has been battered..., irrespective of any objections one might have about its size and how it was achieved. The table... us back to the uncomfortable discussion that no one wants to have about Greece's debt. The current

    4%

  2. Buying time: The delayed crisis of democratic capitalism - a review
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Agora

    for the new European Parliament in May. One still wonders why this is only happening now, so late...’s view the ECB is in fact morphing into a quasi-government of last resort. One only needs to recall... with contempt and that their dignity has been hurt. One can only hope that this provocative book

    4%

  3. EC sticks with 0.6 pct growth for Greece in 2014 but also sees C/A deficit
    Photo by MacroPolis

    Economy

    (gg) deficit is expected at 13.1 percent in 2013 including one-off costs related to bank recapitalization (11 percent of GDP), according to the EC. Excluding this one-off item, we see the gg deficit... anticipates the gg primary deficit at 8.8 percent of GDP in 2013. Excluding the one-off bank recap

    4%

  4. Omnibus bill passes but leaves marks on coalition and SYRIZA
    Photo by MacroPolis

    PoliticsGreek Politics

    to consider. Samaras ousted Nikitas Kaklamanis, the one New Democracy MP who failed to provide full support... for SYRIZA’s surprise choice are not clear. One is likely to have been to draw attention..., the HFSF. Finally, SYRIZA may have felt it needed to make one last stand against the government in the run

    4%

  5. Fitch upgrades Greek credit rating to B with stable outlook

    EconomyMacroeconomy

    As previously rumoured, Fitch upgraded on Friday Greece’s rating by one notch to ‘B’ from ‘B... was published on May 14, 2013 when long-term rating was raised by one notch from ‘CCC’ to ‘B-‘. Greece’s highest credit rating is the one from Fitch, followed by S&P’s ‘B-’ with stable outlook, which was set

    4%

  6. Greek-German relations: Perception versus reality

    Agora

    There is currently much talk about what kind of conclusions one should draw from the recent..., as if the need to act urgently did not already exist beforehand. One key indicator of this discussion... between these impressive levels of tangible cooperation and technical support on the one side

    4%

  7. PASOK's growing internal strife hampering Greek coalition
    Photo by MacroPolis

    PoliticsGreek Politics

    Minister Michalis Chrysochoidis, one of the few heavyweights left within PASOK. The minister reportedly... one of the coalition’s commitments since it was formed in June 2012. Under the Greek Constitution, any change to the electoral law would not apply in the upcoming vote but in the one after

    4%

  8. Greek debt: A case of learned helplessness?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    restructuring by its eurozone partners although it was evident that one was necessary. Instead, Athens..., Greece’s solvency crisis was presented as a liquidity one, prompting the eurozone and the IMF... devaluation and businesses’ plans through severe loss of revenue. As a result, one in three loans

    4%

  9. Poor poll figures leave Samaras in quandary over next move
    Photo by MacroPolis

    PoliticsGreek Politics

    arrived for the latest review of the Greek adjustment programme, but the government will have one eye... in March, which is one of the options reportedly being discussed in the New Democracy camp. However... it." There were also reports that Voultepsi had ordered an investigation into Public Issue, which is one

    4%

  10. ‘We’re dying to pay our taxes’
    Photo by MacroPolis

    Agora

    tax kills,” read one newspaper headline. For a friend in his mid-50s who has been desperately looking.... But being employed in Greece doesn’t necessarily mean you have an income. One in three workers is owed.... If others can get away with it, why can’t I, seems to be the view in many workplaces. One reporter says

    4%