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  1. S&P downgrades Greece, sees economy shrinking by 1.5 pct in 2015

    Economy

    that the government may exert moral suasion for an increase in T-Bill holding of banks’ insurance... borrowing requirements. However, S&P expects that the government will continue to pay salaries... government issuing IOUs to pay employees, pensioners and suppliers. These IOUs could circulate

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  2. Tsipras, against all odds
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    of their own. The SYRIZA-led government, elected only four months earlier had just emptied out its holding account at the International Monetary Fund to pay the Washington-based organisation and had drawn... away the intention to ask low-income pensioners who receive the special EKAS benefit to pay back

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  3. Tsipras ramps up fiscal pledges as elections draw closer

    PoliticsGreek Politics

    , Prime Minister Alexis Tsipras is not holding back in pledging similar interventions before the general..., which will not pay out any bonus at all to pensioners. The conservatives have so far refused... have also forced the government to pay several years of backpay. Opinion poll Despite SYRIZA’s recent

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  4. Greece must tackle foreign bribery by Greek firms, OECD says

    Society

    target the export, shipping and SME sectors.” The report, which is based on the results of fact-finding... decision that required it to pay the company $98.1 million. The Greek national’s two business partners were

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  5. Will Tsipras ride the waves in 2016?

    Agora

    contributions rather than cuts to retirement pay but it remains to be seen if the quadriga of lenders agrees.... This means finding places for thousands of people to stay in the country for several weeks at a time

    14%
  6. Greeks' health seen getting worse, negative feelings growing during crisis
    en_GB Photo by Harry van Versendaal

    Society

    found that when one’s entire income is used to pay bills and debt, the self-perception of health... blood sugar level, excess body fat around the waist and abnormal cholesterol levels – finding that 59

    14%
  7. Unpaid social security contributions almost reach 15 bln

    Macroeconomy

    ) and includes 51,562 debtors corresponding to 19 percent of total. An interesting finding in KEAO data... the settlement in 73-100 installments and only 2.5 percent decided to pay upfront and thus eliminate

    14%
  8. Poor conditions in Greece fail to deter refugees from wanting to continue journey

    Society

    help of others to pay for the journey. Desired destination Germany was the preferred destination of 68...) and the expectation of finding work (8.8 percent). Almost two in three (59.6 percent) were positive

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  9. Greek households continue to slash spending on goods and services

    Society

    , Norwegian households only pay 0.2 percent on schooling and learning. In comparison to 2014, spending... inactive person (1,102.32 euros or 77.6 percent of the average). Inequality Another important finding

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  10. Debt deal eludes Greece and lenders, June 15 set as final deadline
    Photo via Fosphotos

    PoliticsGreek Politics

    for discussion but “not too much” because of the debt maturities in July. Greece has to pay 256... that the lenders are on their way to finding common ground.

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