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  1. What Dijsselbloem didn't say
    Photo by Fosphotos

    Agora

    the Greek government condemned his remarks as being “unhelpful.” The Dutch finance minister, who may.... Nevertheless, he may now find it difficult to hold on to his position as Eurogroup chief – German... deal with its lenders that may put the country on a path towards genuine recovery and debt

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  2. Athens on diplomatic drive to secure support over migration flare-up

    PoliticsForeign Policy

    . Athens appears disappointed by Berlin's rather neutral stance as the German government may have... of nationals of third countries, the Council on a proposal from the Commission, may adopt provisional... on the Greek-Turkish border and the northeastern Aegean, warning them that the situation may worsen

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  3. Mitsotakis dismisses poll speculation, promises swift housing relief and rural support
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    minister’s remarks come amid growing public frustration over the cost of living, housing shortages... by five months to May next year. According to official figures, the absorption of the scheme is at 65... “surprise” in the upcoming 2026 budget debate, suggesting that additional relief measures may

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  4. Mitsotakis and Androulakis clash over rule of law as probability of early polls grows
    Photo by MacroPolis

    PoliticsGreek Politics

    elections may become unavoidable. Mitsotakis entered the debate seeking to project unity within his... calibrated remarks. He addressed the recent statements by Intellexa founder Tal Dillian only at the end... the constitutional revision process in May, focusing on around 25 articles. These include proposals

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  5. Data for May shows Greek PMI in growth territory for second straight month

    EconomyMacroeconomy

    contraction, for the second straight month in May, albeit marginally easing by 0.1 points to 51.0, according... in production levels in May was slightly lower than that in April, but it remained solid, according... further. The level of new orders showed a solid rise in May mainly supported by export sales, which

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  6. Current account surplus at 407 mln in May - first positive balance since Sept 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's current account (C/A) balance showed a surplus of 407 million in May from deficit of 299...). The latter largely reflects increased non-residents’ arrivals in May (+13.2 percent). Despite the C/A surplus in May, the aggregate figures for the 5-month period point to a small widening of the C

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  7. Substantial ground for Greece and lenders to cover before May 9 Eurogroup
    Photo by Can Esenbel [www.mundanepleasure.com]

    PoliticsGreek Politics

    is due to be held on May 9 but it is still not clear how Athens and its creditors will arrive... ahead until the Eurogroup on May 9. The Greek side has not ruled out the possibility of a high..., while Tsipras may repeat his call for a summit of eurozone leaders if the May 9 meeting proves

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  8. Eurosystem funding drops by another 3.9 bln in May, ELA down 2.1 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell again in May for the 11th successive month, declining by 3.86... showed on Monday. The change in May represents the highest monthly decrease in the course of 2016... reading since January 2015. The recorded drop in Central Bank funding in May almost equally reflects

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  9. Industrial production up again in May with 2.9 pct increase

    EconomyMacroeconomy

    Greece’s industrial production continued its rebound in May, posting an increase of 2.9 percent compared to a sharp drop of 4.3 percent in May 2015, ELSTAT data showed on Monday. On a month on month basis, May recorded a drop of 1.9 percent compared to April. In the year to date, industrial

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  10. Greek PMI rises to 49.6 in May as uncertainty continues to impact
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Manufacturing PMI rose by 1.4 points in May according to Markit, posting the ninth... conditions. The deterioration however was slightly improved upon in May compared to previous months. The PMI stood at 49.6 in May, up from 48.2 in April. The rate of decline eased for the second successive

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