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  1. IMF insists labour market reforms need to be preserved
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    in the Article IV report for the euro area that was released on Thursday, the Fund outlines three key areas... contributed to improving competitiveness and employment. Productivity is one of the lowest in the euro area..., they still exceed those of leading countries in the euro area. Aside from the labour market

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  2. Turkey's actions in Cypriot EEZ put Athens, Nicosia on alert

    PoliticsForeign Policy

    of Cyprus. It seems to have chosen deliberately this area as its main aim is to drill for natural... of the sea area where Fatih is expected to drill until September has been chosen carefully as Athens... strategy based on natural gas finds in the area. There is a risk that the latest move by Ankara

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  3. ND puts changes in education and justice system high on agenda

    PoliticsGreek Politics

    to make improvements in this area of the education system. She added that the conservatives also want.... Education was seen as a very problematic area of policy under the SYRIZA government, which was accused... important area for the new government. Here, SYRIZA has also been accused of making interventions

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  4. Athens treads tightrope as Turkish research vessel sails in Aegean

    PoliticsForeign Policy

    for an area of the Aegean to the south of Kastellorizo, Rhodes and Karpathos. As of Tuesday morning..., for the area, and put its armed forces on alert, with Greek navy ships also patrolling the area in a re-run... to be deterred from operating in the area of Greece’s continental shelf. It is worth noting, though

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  5. PM under pressure to account for destruction, as wildfires stoke anti-migrant sentiment

    PoliticsGreek Politics

    about the role of right-wing militia groups operating in the area. Opposition parties are lining up... the second worst on record in terms of the area burned. A leaders’ debate in Parliament is now... and filling empty posts in the fire service. On Wednesday, the total area burned overtook

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  6. Greece weighs its options as Turkey prepares 'Blue Homeland' legislation

    PoliticsForeign Policy

    has reacted strongly to developments in Albania’s coastal area of Zvërnec, where clashes during... the Karaburun–Sazan Marine National Park and the Narta Lagoon area, warning of risks to endangered species... that it is following developments in the protected Pishe Poro–Narta area closely and has reiterated that respect

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  7. OECD sees Greek recession continuing in 2014, slower recovery to follow
    Photo by MacroPolis

    EconomyMacroeconomy

    lower than its November forecasts. Although the 2014 estimate is in line with the EC projection... percent in 2015. The updated forecasts are marginally better compared to the previous estimates... in 2013. It should be noted, though, that OECD estimates are not comparable with those of the EC due

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  8. GDP shows annual growth of 2.2 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of services rose by 2.2 percent QoQ and 13 percent YoY. The MoF’s growth estimate for imports in 2018..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Tuesday. The headline figure... percent QoQ. As mentioned, the provisional estimates showed that GDP grew by 2.2 YoY after a downward

    3%

  9. Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    growth estimate in the final budget for 2022. Harmonized inflation is also significantly revised... inflation is 2 percentage points above the latest estimates, and a benign one where inflation is lower by 1 percentage point from estimates. In the adverse scenario, the growth rate drops by 1

    3%

  10. Greece's labour market is austerity's biggest casualty

    Agora

    a conservative estimate of 20,000 job losses in the accommodation and food service activities, the Greek... and the recession does not exceed the finance ministry’s estimates) and the revenue side of the budget... jobs lost, an estimated 200,000 properties in stock, the state repeatedly reducing the public

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