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  1. EU progress on Turkish visas gives Athens hope of low refugee arrivals

    PoliticsForeign Policy

    , Greece is also facing growing problems in managing the more than 50,000 migrants and refugees... and resettlement scheme if the EU stalled on its end of the deal. There are clearly still many problems... moved away, though, the day-to-day problems of the complex challenge Greek authorities are facing re

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  2. Effort for Greece and Albania to resolve diplomatic differences goes on back burner
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    solutions rather than problems. Consequently, it is my hope that there will be a more mature view of the solutions to our problems with Albania. We want friendship between our peoples and a policy of peaceful coexistence between our societies.” In the same interview, Kotzias recognised that problems

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  3. A fierce political clash over medicine prices in Greece

    PoliticsGreek Politics

    of medicines being lowered but the legislation has proved far more controversial than its content would.... Of this, about half was spent by the state. This is substantially lower than when the crisis began... is for government spending on medicines to be no more than 1 percent of GDP, or 1.7 billion euros. One

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  4. Greece, the troika and banks' capital needs: A step-by-step guide
    Photo by MacroPolis

    EconomyProgramme

    that Greek banks would need no more than 6 billion euros. However, there is now speculation... that the IMF has estimated capital needs at 20 billion euros, almost four times larger than... journalists that under the adverse scenario capital needs would rise to 8-9 billion, still less than half

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  5. Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
    Photo by Harry van Versendaal

    Society

    that more than 60 percent of households (2.55 million) are homeowners without any mortgage... of 7.3 percent, whilst the respective rate for inhabited houses larger than 100 sqm posted an annual... share (4.8 percent) in 2008 was registered from households with income less than 750 euros. This more

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  6. Here's what's in the 2015 draft budget the Greek government has just unveiled

    EconomyMacroeconomy

    , the MoF anticipates the primary surplus will reach 3.6 billion euros (2 percent of GDP), lower than the 2.3 percent included in the Medium-Term Fiscal Strategy (MTFS) 2015-18, but still higher than... than the 2.5 percent incorporated in the MTFS and slightly below the EAP target of 3 percent

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  7. Greek time deposit rate down to 1.88 pct in November, lowest since euro entry

    EconomyMacroeconomy

    deposit rate reached a high of just over 5 percent in June 2012 and has slipped by more than 3... in excess of the euro area average of 1.05 percent and more than 60 bps higher than the respective... a sharp rise of 51 bps posted in October. However, this rate still stands more than 2.5 percentage points

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  8. Sowing the seeds of anomie in Greece
    Photo by Harry van Versendaal

    Agora

    implored the party’s lawmakers to be “whiter than white, purer than pure”. Unfortunately, it didn’t... to the hilt. It appears to be a case of wanting to avoid short-term political pain rather than laying... to understand why he did not receive more severe punishment than a one-year suspended sentence. An average

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  9. Newsletter 29 - 05/06/2015

    Newsletters

    Lenders seek more measures Demands are more than what previous government agreed to Greece’s lenders are demanding new fiscal measures of around 3 billion, which is markedly higher than the 1–1.5... to direct tax revenues of 980 million and to contingent revenues of more than 500 million, which would

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  10. How Greek banks were left on the brink
    Photo by Harry van Versendaal

    Agora

    were oversubscribed more than 1.5 times amid strong interest - primarily from international... this 5-month period shows that households withdrew 22.3 billion euros making up more than 70 percent... than 42 percent of outflows were and remain in cash and are stored, particularly by households

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