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  1. Unemployment hit new high of 27.8 pct in October, set to rise further

    EconomyMacroeconomy

    million after recording declines in August and September. Greece currently has less than 3.6 million people in employment to support more than 4.7 million unemployed and inactive, an unsustainable ratio... impacts more than half of those between 15 and 24 looking for a job with the rate standing at 57.9

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  2. Off the isles of Greece
    Photo by Harry van Versendaal

    Agora

    this into account, though, nothing can excuse treating the people who arrive here as anything less than... anything less than this is to demean this tragic event. Even so, this week’s events leave a feeling that we have surrendered much more than the 12 lives engulfed by the Aegean. Like Xerxes in Byron’s poem

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  3. One in two Greek households rely on pensions to make ends meet

    Society

    is out of work. However, even more alarmingly, only 9.8 percent (less than 200,000) receive unemployment... in their payments to the state, banks, social security funds or public utilities due to money shortages. More than... and 2013, which is higher than Hellenic Statistical Authority (ELSTAT) figures suggest. Nine in 10

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  4. Troika inquiry: talk to the organ grinder, not the monkey

    Agora

    and narrow focus on the troika – a team of civil servants – rather than its political masters... after another. Self-fulfilling fear of “contagion” spread faster than blundering European authorities... dictating terms. The creditors needed an go-between and a scapegoat. (The reason for a troika, rather than

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

    Agora

    exigency than on macro-economic objectives. Members of the troika themselves, notably the IMF... of fiction than a concise economic adjustment programme. When focusing on Greece Streeck’s ire... decision makers to again buy some time, Streeck does not consider this arrangement to be more than

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  6. Goalposts shift as European elections near and SYRIZA cements lead

    PoliticsGreek Politics

    coincide with the second round of the local vote, rather than the first. This move carries great... in the European Parliament will be shared out more widely among the parties than they have been..., will gain these sorts of percentages in May and that the seats will be shared out among more than four

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  7. Troika returning to Greece but key decisions still months away
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    than fiscal. Greece is expected to produce a larger-than-expected primary surplus for 2013. Prime... politically damaging for the government than the consequences Schaeuble is said to fear of not agreeing a new

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  8. Should Greece really ask for a debt haircut?

    Agora

    conclusion than that Greece’s public debt is unsustainable. The situation is even worse if we recall... is how we will we stand before our partners, some of whom are poorer than us, and demand that they write..., rather than plead for a haircut the best we can do is to ask for more European Union funding so we can

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  9. Greek justice slower despite reform efforts during crisis
    Photo by MacroPolis

    Society

    . It indicated that the performance of the country’s judicial system had actually deteriorated rather than.... There were 2,547 judges in 2012, which was 22 percent less than in 2010. Courts also employ another 5,327... is considerably lower than the EU average of 45,578 euros.

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  10. Greece agrees with troika, looks to tranche release and redistribution of surplus
    Photo by MacroPolis

    PoliticsGreek Politics

    larger than Samara’s recent estimate that it would be “in excess of 1.5 billion”. The same source also... and emergency services who earn a monthly salary of less than 1,500 euros. Furthermore, 380 million euros..., is much lower than the target he initially announced. The agreement with the troika was confirmed

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