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

    Society

    in 2008. It is estimated that 1 million houses in Greece were built after 2000 but only 10 percent... by 0.2 percent in 2008-2012, apartments grew by 1 percent, while other type posted a double-digit

    7%
  2. Multi-bill passes but coalition's relationship with armed forces and police sours further

    PoliticsForeign Policy

    -tranche of 1 billion euros, and 47 lawmakers opposed it. The multi-bill contained a raft of reforms... the next 1 billion euros from its lenders. Greece has 5.6 billion euros of bonds maturing this month

    7%
  3. Finance Ministry scrambles to correct property tax after error-strewn debut

    EconomyMacroeconomy

    on August 1. The first warning sign that something was not quite right came on August 1, when MoF

    7%
  4. Greek central government debt rises to 322.4 bln in Q2

    Economy

    exceeding 5 years, while the remaining 21 percent is equally split between short (up to 1 year) and medium (1 to 5 years) term debt. Greece’s cash deposits rose by around 1.5 billion euros

    7%
  5. Alpha Bank reports H1 profits of 267.4 mln on one-off item
    Photo by MacroPolis

    EconomyBanking

    Common Equity Tier 1 (CET1) ratio improved to 16.3 percent from 15.6 percent in Q1. The quarterly... ratio at 40 percent (55 percent in Q2), cost of risk less than 1 percent (2.2 percent in Q2), loan

    7%
  6. Seasonal jobs bring down Q2 unemployment to 26.6 pct but long-term jobless rising
    Photo by MacroPolis

    EconomyMacroeconomy

    percent, down by 0.8 pp YoY. Although the number of ‘long-term’ (more than 1 year) unemployed slipped... respectively. The unemployment rate in the Attica region (Athens, Piraeus and suburbs) remains almost 1 pp

    7%
  7. Primary surplus inches up to 2.9 pct in Greece's 2015 draft budget
    Photo by MacroPolis

    Economy

    sector. Kathimerini also noted that the Finance Ministry anticipates increased revenues by 1 billion... the target by almost 1 billion. However, 8-month revenues fell short of their target by 107 million

    7%
  8. The politics of debt dynamics in Greece
    Photo by MacroPolis

    Agora

    the sovereign debt levels attained in 2011, i.e. before the two debt restructuring operations of 2012.[1... Play. [1] This arrangement does not apply to the IMF. Greece has to repay the Washington-based

    7%
  9. Travel receipts up again in September, reaching 2.3 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    , the 9-month travel balance recorded an improvement in its surplus by 11.3 percent or more than 1... to 20.5 million, which means an increase of 1 million from its previous forecast of 19.5 million released

    7%
  10. Fitch keeps Greek rating at 'B' with stable outlook

    Economy

    account surplus stands at 1 percent of GDP supported by reduced imports, buoyant tourism receipts... notches to Caa1 with a stable outlook in August 1. In addition S&P upward revised its rating on Greece

    7%