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  1. Drop ‘til you shop
    Photo by MacroPolis

    Agora

    magnets for consumers who end up spending their money on food or drink instead. This is one.... There is, however, another fundamental problem underlying all this. If we accept that one of the failings

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  2. SYRIZA drawing up manifesto and foraging for allies
    Photo by MacroPolis

    PoliticsGreek Politics

    provisions. Democratic Left (DIMAR) was one of the parties that attended the event. SYRIZA and DIMAR... and Democratic Left leader Fotis Kouvelis. One of the burning issues during these talks will be how

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  3. Moody's upgrades Greek rating by two notches to Caa1 - here's why

    Economy

    . This is Greece’s second rating upgrade, following that Fitch’s decision to increase it by one notch on May 23..., Greece’s credit rating by Moody’s is still one notch below that of S&P (B- with stable outlook set

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  4. Finance Ministry scrambles to correct property tax after error-strewn debut

    EconomyMacroeconomy

    , the payment was postponed by one month, while the tax notices started being uploaded on the GSIS website... comprises of 2-3 taxpayers, this means that one out of five households will have to pay a tax

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  5. The tarnished legacy that will haunt the Athens Olympics

    Agora

    of the Games does not lie here, though. After all, key venues are in use. Also, one could point... organised by one of the smallest ever countries to host them. It was an equation doomed to fail

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  6. New Democracy risks losing moderates with move for right-wing alliance

    PoliticsGreek Politics

    New Democracy’s attempt to form a broad right-wing alliance designed to prevent SYRIZA winning the next elections has had a mixed response so far but the most important reaction could yet be the one... Kyriakos Mitsotakis, one of the leading members of New Democracy’s moderate wing, suggested that he

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  7. National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
    Photo by MacroPolis

    EconomyBanking

    on August 28. This year’s results include one-off items of 1.04 billion euros largely due to the recognition of additional deferred tax asset (DTA) of 994 million. Excluding one-offs, net profit landed

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  8. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank reported net profit of 164.3 million euros in Q2 from a loss of 246.6 million in Q1. This quarter’s profitability benefitted from two one-off items: The first relates to the recognition... one-off items), pre-provision income rose 17 percent quarter on quarter (QoQ) to 294.9 million, while

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  9. How many NPLs in the Greek banking sector are also non-recoverable loans ?
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    Agora

    not appear to have reached its peak. Only one bank (NBG) reported the level of NPLs below the critical... recoverable. In other words, presenting a transparent NCL overview would oblige Greek banks to address one

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  10. A breakdown of Tsipras's pledges on economic strategy in Thessaloniki
    Photo by MacroPolis

    Economy

    euros, which are estimated at 1.26 million, will receive a Christmas bonus equal to one monthly pension... taxes and SSC will not exceed one third of the citizen’s income. In addition, a state-controlled

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