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Foreign minister quits government, heaping pressure on Tsipras
PoliticsGreek Politicstimes over the past few years when he appeared to shape foreign policy based on his beliefs rather than... that the souring of relations with Russia was a route chosen by Kotzias rather than Tsipras. The prime minister... in the months to come than it has been over the previous few years.
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August current account shows surplus of 1.56 bln as deficit in primary income account grows
EconomyMacroeconomylower than the figure of 1.58 billion euros in July, Bank of Greece (BoG) figures showed on Monday... worsened very slightly by 18.3 million or 1.1 percent. This was driven by imports rising faster than... widened as imports grew faster than exports in absolute terms. Exports in the aggregate period rose
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Athens aims for November agreement with lenders on pension cuts
EconomyProgrammeto be pressing for the discussions on next year’s pension cuts to be discussed officially, rather than... to raise the tax-free threshold from 2019, rather than 2020 as had been previously agreed. In private... for this subsidy to more than 100 million euros. Once the 2019 excess surplus has been agreed
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Greece's never-ending election campaign
Agorain the summer meant that there was little appetite for celebration in Greece. Rather than hoping... elections a much more competitive affair than the opinion polls, which point to even a double-digit... in the September 2015 elections) that New Democracy is a safer bet than the leftists. The two main
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Newsletter 181 -2/11/2018
is thought to be pressing for the talks on next year’s pension cuts to be discussed officially, rather than... and allowing voters, rather than MPs, to elect the Greek president. During his speech to SYRIZA MPs on Tuesday, Tsipras addressed both issues but adopted a less absolute position than his party has
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Coalition's role in freight terminal contract, public broadcaster under attack
PoliticsGreek Politicsbeen changed after it was launched and argued that a higher rental price more than made up... into a modern, impartial broadcaster rather than a government mouthpiece but its efforts have largely... not been able to convince voters that it has better intentions and better ability than its political
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Appeals over past pension cuts sow confusion about potential fiscal impact of backpay
Economyand, as such, there should have been a more detailed analysis and view rather than the across-the-board... that happened in 2012. However, more than 200,000 pensioners have so far submitted applications to a dedicated..., even the short period of 12 months between 2015 and 2016 could cost public coffers more than 2 billion
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Building permits increase by 13.3 pct in August
EconomyMacroeconomyyear, the absolute number of permits came to 13,847. Although this is higher than that for 2016, it remains around 86 percent lower than the peak of 95,730 permits issued in 2005. Much of the current building activity also centres around refurbishments rather than new builds. However, signs
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Hirings balance negative by 120,087 in October on seasonal movements
EconomyMacroeconomyThe employment balance turned sharply negative in October with 120,087 more departures than hirings... departures than hirings. The smallest negative balance was observed for those aged 64 and over at 1,359.... In the aggregate period, the employment balance showed 168,282 more hirings than departures. Ergani noted
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Greek tax rate hikes among highest in OECD countries, tax report shows
EconomyFeaturesare all higher in Greece than the OECD average. Greek taxes are lower than the OECD average... at the same time that the country’s GDP fell by more than a quarter. The revenue breakdown shows
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