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  1. Five things to take away from the first round of Greek local elections
    Photo by MacroPolis

    PoliticsGreek Politics

    but few definitive answers about how the country will vote in the European Parliament polls on May 25... by Sunday’s results. For instance, SYRIZA’s breakthrough in Athens and Attica may play... of opposition to one where its candidates are in positions of power. Equally, the coalition may be able

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  2. Bond issued for capital support of Greek banks in 2009 reaches maturity

    Economy

    contribution in kind for the preference shares it received from the banks. The bond was issued on May 21... million on May 21, the same day the pillar bond was due to expire. Piraeus's move is facilitated... a capital increase of 2.5 billion in early May, has indicated that it plans to redeem its preference shares

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  3. PASOK's future hangs in balance as Greece prepares for EU vote
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    , KKE 4.8, IndGrks 3.3, DIMAR 1.8, undecided 12.4 — MacroPolis (@MacroPolis_gr) May 23, 2014 GPO poll..., IndGreeks 3.5, Undecided 10.3 — MacroPolis (@MacroPolis_gr) May 23, 2014 .@publicissue poll... 3, DIMAR 2.5 — MacroPolis (@MacroPolis_gr) May 23, 2014 If the alliance’s share of the vote

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  4. Election results in Greece lift uncertainty, for now
    Photo by MacroPolis

    Agora

    the substance. This may explain the paradox of the Greek equity market’s post-election performance... ago took a toll. Hence, the government may now find itself with non-coalition MPs supporting its... in the future. Coalition governments will be the way forward. Extreme polarization may “rally

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  5. Drop in Greek retail sales accelerates to 3.4 pct in March

    EconomyMacroeconomy

    decline. The index of retail turnover is persistently heading south YoY since May 2010. Its latest... interim sales period was launched in the first ten days of May 2014 and it would be interesting... an improvement for the third successive month in May, reaching its highest level since February 2010. The latest

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  6. Piraeus Bank reports loss of 247 mln for Q1
    Photo by MacroPolis

    EconomyBanking

    in Q2 so far to 9 billion in May from 18 billion at the end of 2013. Like the other three Greek banks, Piraeus eliminated ELA funding in May so its Central Bank funding currently comprises entirely... and the purchase of state preference shares (related to pillar bonds) worth 750 million on May 21, the pro-forma

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  7. How Greek banks moved into a new era
    Photo by MacroPolis

    Agora

    The core Greek banks reported first quarter (Q1) results in the last three days of May. The release... in May 2009 as state aid under the law 3723/2008. At the time, the Greek state issued a special bond (maturing on May 21, 2014), which was its contribution in kind for the preference shares

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  8. As SYRIZA looks towards centre, will New Democracy turn to its right?
    Photo by MacroPolis

    PoliticsGreek Politics

    allies, the anti-bailout Independent Greeks and Democratic Left (DIMAR), both performed terribly on May... and option, New Democracy may turn in the other direction, towards the right. There have already been suggestions coming out of the conservative camp that Independent Greeks’ disappointing result on May

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  9. SYRIZA leads in most age groups, professions but coalition parties dominant among pensioners
    Photo by MacroPolis

    PoliticsGreek Politics

    Greece’s political parties have been looking at the May 25 European election results to understand... people in March and May, before the vote, the data shows that SYRIZA’s victory was built on support... that SYRIZA’s dominance in so many categories may create a bandwagon effect that will give it extra

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  10. Greek gov't and Parliament on hold, waiting for cabinet reshuffle

    PoliticsGreek Politics

    the May 25 European Parliament elections but it certainly appears that a number of key tasks have... is likely – although not certain – to be replaced. Following the disappointing May 25 election results... to resign. His removal would be controversial and may create friction between the government

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