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SYRIZA's move to aid small parties puts spotlight on Kammenos leverage
PoliticsGreek Politicsthemselves with less than five MPs. During Thursday’s regular press briefing, government spokesman... more than 3 percent of the total votes, to not be recognised if some of their MPs decided to depart... a much more convincing lead for the conservatives than in surveys forecasting the result
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Tsipras halts bid to help smaller parties amid opposition criticism
PoliticsGreek Politicstheir privileges in Parliament if they are reduced to less than five elected MPs but other issues, such as TV air... in check rather than the other way around. The conservatives argued that the whole affair shows what...) on 6.1 percent. No other party is seen getting more than 3 percent, which is the threshold
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Unemployment rate at 18.5 pct in Nov as jobless drop below 900,000
EconomyMacroeconomythe Labour Ministry’s Ergani database for December showed that there were 5,970 more hirings than departures. Compared to December 2017, there were 9,345 more departures than hirings. Total hirings came... more hirings than departures, below the full-year figure for 2017 by 2,542 places. This marks
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Bank of Greece outlines challenges to SME funding, gaps in knowledge
EconomyFeaturesthat 80 percent were 10 years old or more with the remainder operating for less than 10 years... credit (15 percent), leasing (9 percent) and other financing sources (less than 7 percent). Bank... also more likely than non-exporting firms to apply for bank credit. As BoG noted, the measure
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Building permits rise by 18 pct in Nov, beat 2017 figure in aggregate period
EconomyMacroeconomyof 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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Our daily bread
Agoracomes 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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Minister's actions put PM on the spot as politicians' loans stir controversy
PoliticsGreek Politicsvalue 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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Athens adjusts foreclosure framework, waits for lenders to give green light
EconomyProgrammeas 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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Athens starts MTFS process with baseline scenario that sees growth slowing down
Economypercent 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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SYRIZA and ND battle over centre ground with different methods, aims
PoliticsGreek Politicsthis 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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