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  1. Building permits rise by 18 pct in Nov, beat 2017 figure in aggregate period
    Photo by MacroPolis

    EconomyMacroeconomy

    of investment. During 2017, 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. Up

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  2. Our daily bread
    Photo via Flickr https://flic.kr/p/6KMfsR

    Agora

    comes at us faster than we can absorb it and there is a surplus of mistrust and rancour, moments... than the negativity that threatens to sweep us away. That is why Dionysis Arvanitakis, the baker... in the same year. The example they set is far more important than the awards they won or plaudits

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  3. Minister's actions put PM on the spot as politicians' loans stir controversy

    PoliticsGreek Politics

    value of his property is far greater than the amount he borrowed. On Monday, Attica Bank also issued... owed more than 250 million euros, from 225 million in 2016. By contrast, SYRIZA’s loans stood at 6.2... more than 700,000 was outstanding in 2017. Georgiadis took out three loans totalling just over 665,000

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  4. Athens adjusts foreclosure framework, waits for lenders to give green light
    By Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    as they were. This means that the assessed value of the property must be no more than 250,000 euros and that the owner should have less than 130,000 euros remaining on his/her mortgage. There had been... that the “signalling” from the completion of the review is more important than the money Greece will receive, which

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  5. Athens starts MTFS process with baseline scenario that sees growth slowing down
    Photo by MacroPolis

    Economy

    percent in 2023. The estimates are more modest than last year, when 2019 was expected to grow by 4.1... to 2023. Overall, domestic demand will be slightly lower than in last year’s forecasts and in nominal... will increase by 9.4 percent this year, more than doubling 2018 figure, then accelerate to 14.5

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  6. SYRIZA and ND battle over centre ground with different methods, aims
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    this year, especially if the conservatives face a greater struggle than they expect to win a clear..., more than 100 figures from the world of politics, academia, local government, labour unions and other... at the next elections, securing less than around 8 percent of the vote, while SYRIZA holds its own

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  7. Apartment prices up by 2.5 pct in Q4 and 1.5 pct in 2018 as property recovery solidifies
    Photo by MacroPolis

    EconomyMacroeconomy

    2017, 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. Up to November

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  8. Unemployment rate falls to 18 pct in Dec, lowest since July 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    higher. The overall labour force came to 4.72 million in December; slightly lower than the 4.74... departures than hirings. Total hirings came to 157,141 versus 179,474 departures. In the aggregate period, the employment balance showed 141,003 more hirings than departures, below the full-year

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  9. Tsipras tempted to ditch snap elections option and hold on until October
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    , rather than snap election in May at the same time or before the European Parliament ballot.... Opinion polls in the wake of the agreement indicate that more than 60 percent of voters opposed... than many of its opponents believe in October. However, if the prime minister has decided to hold off

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  10. Athens set to press ahead with primary residence law despite differences with lenders
    Photo by MacroPolis

    EconomyProgramme

    an assessed property value of less than 250,000 euros and who still has up to 130,000 euros to pay.... For instance, the lenders have reportedly suggested that anyone with more than 20,000 euros in deposits... that the government might be willing to consider applying lower thresholds for the business loans than

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