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  1. 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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  2. Buoyed by troika deal, Greece aims for rapid return to bond markets
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    of this year’s funding gap but at a much higher cost than Greece currently borrows from the euro zone. This underlines that the government’s primary target is more of a political nature rather than... of a higher than forecast primary surplus for 2013, the potential positive comments at the upcoming

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  3. Cost of petty corruption in Greece has halved during crisis
    Photo by Harry van Versendaal

    Society

    reported in 2013 than in 2012 and that the average amount paid in bribes fell to 1,333 euros, which is 7.6 percent lower than a year earlier. Almost one in three Greeks asked to give bribes refused to do so... corruption is related to more than just a fall in disposable income. It suggests that events over

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  4. Who benefits from Greece’s return to the markets?
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Agora

    that Pakistan returned to debt markets after an absence of more than seven years, the first Greek bond.... More than 85 percent of those pension funds, private equity firms, asset managers and hedge funds...-term than increasing sovereign debt finance. After the issuance of the five-year bond and the offered

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  5. Greece unveils MTFS seeing 4.2 bln primary surplus in 2014 but just under 2 bln fiscal gap in 2015-16
    Photo by MacroPolis

    EconomyMacroeconomy

    billion higher than the Economic Adjustment Program (EAP) target of 2.73 billion (1.5 percent of GDP...) more than offsetting the reduction of social security contributions (974 million). Direct taxes... also foresees that more than 2/3 of the GDP that has been wiped out from the domestic economy

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  6. In Spain, the best generation is in danger of becoming the lost generation
    Photo by Roberto Ortiz via Flickr

    Agora

    than half of the Spanish youngsters that are looking for a job are currently unemployed. This brings.... Having applied unsuccessfully for four jobs (two of them were internships) in which more than 300 people... no more than 300 euros per month or even for free, with no hope of being hired in the short

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  7. Five things to take away from the first round of Greek local elections
    Photo by MacroPolis

    PoliticsGreek Politics

    and was elected from the first Sunday. The leftist party had a much larger presence in the regions than ever... dominant combination outside of Attica than the opposition party. SYRIZA will need backing of somewhere near 30 percent (and possibly more than the aggregate support the coalition parties receive

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  8. Greek central government debt inches down to 320.42 bln in Q1

    Economy

    domestically (1.85 billion) and Financial Support Mechanism (FSM) loans (1.3 billion) more than offsetting... stands at 15.84 years, which is slightly lower than the 16.02 years at the end of 2013. The respective figure for new borrowing in 2014 stands at 0.36 years and refers to T-Bills. More than three quarters

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  9. Greek politics in thrall to new faces and old ideas
    Photo by MacroPolis

    Agora

    rather 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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  10. Jobs, hundreds of thousands of jobs
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    by more than 20 percent. Greece’s labour market has been devastated, like no other in any modern crisis...) and packaging is expected to bring in 315,000 jobs, which is an increase of more than 70 percent from... considering that the premier does not have a good track record on employment pledges. He promised more than

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