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Greek politics in thrall to new faces and old ideas
Agorarather than divisive. His centrist party, To Potami (The River), posits a new proposition by relying on candidates whose strengths lie in their professional achievements rather than how many rungs up... will have to be built in the vision of its policy makers rather than according to the troika’s instruction
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Finance Ministry scrambles to correct property tax after error-strewn debut
EconomyMacroeconomyof those cases, this resulted in the calculation of a property value up to 10 times higher than... percent of the total 6.15 million) paying more than 500 euros. Taking into account that each household... of more than 1,000 euros for properties it possesses, regardless of whether these properties produce
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Tsipras starts to flesh out SYRIZA's economic policy but questions remain
PoliticsGreek Politicsretirement payment for 1.26 million pensioners that receive less than 700 euros per month and reducing... should not make up more than a third of customers’ income. Tsipras pledged to scrap the contentious... these as untapped sources of revenues. Having given a more detailed idea than ever before in the last two
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Challenging three days of diplomatic talks, protests and budget voting ahead for Greece
PoliticsForeign Policycharged than in the past because of a hunger strike by Nikos Romanos, a friend of Grigoropoulos who... strike more than three weeks ago to convince authorities to allow him to do so. His request has... than 7,000 police on duty and authorities will want to avoid any repeat of the rioting that occurred
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Newsletter 27 - 22/05/2015
ELA liquidity of 14.5 billion, more than offsetting the additional liquidity arising from... (past due in less than 60 days) as collateral. Bank sources indicate that it is imperative that a deal... in the eurozone. But it is also articulating a diametrically opposite approach than Cyprus when it comes
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Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomyof competition was the key reason for the broadly unchanged rate. In 2012, there were more than 15 banks..., it remains more than double compared to the eurozone average rate of 0.88 percent and steadily above.... Following the rate changes in May, Greek corporate lending rates remain 250-350 bps higher than
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Tsipras and Meimarakis face off, bristle at idea of working together
PoliticsGreek PoliticsEvangelos Meimarakis was much livelier than a discussion involving seven party leaders last week... with it. Given that some polls show Meimarakis as being more popular than Tsipras, the SYRIZA leader... Democracy leader is taller than his SYRIZA counterpart. The final card played by Meimarakis after
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Tsipras keeps bailout issues in safe hands but fails to inspire with new cabinet
PoliticsGreek Politicsmore than 50 prior actions, including overseeing the recapitalisation of Greek banks, to carry out... from the bailout-linked ministries, Tsipras appears to have made political choices rather than ones... political needs rather than improving the coalition’s governing capability.
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Greece most socially unjust country in EU, study finds
Societymaterial deprivation for children and youth in Greece, more than double the 2009 figure of 9.7 percent... deprivation has more than doubled from 9.7 percent in 2007 to today’s 23.8 percent.” While Greece ranks... olds has more than doubled since 2008 to 52.4 percent (again, by far one of the highest rates
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Withdrawal of NGOs from refugee centres puts pressure on Greece to fill void
PoliticsForeign Policy. With more than 50,000 refugees and migrants scattered around Greece and the return process yet... little more than mobile phone chargers or food distribution,” said the report. “With no presence.... This would mean the coalition deciding on a much more hands-on approach than the one it has opted
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