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  1. OECD's Greek debt forecast shakes foundations of troika DSA

    EconomyMacroeconomy

    a debt sustainability analysis (DSA) that is far more pessimistic than the most recent troika... and prices. According to a mid-term growth scenario that is less optimistic than that of the troika, Greece’s real GDP level in 2020 will be about 6 percent lower than that forecast made by the country’s

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  2. Key Greek election date firms up; turnout could prove crucial

    PoliticsGreek Politics

    stands than the local vote, where candidates are often independents or run with the backing of more than.... It is not clear that fewer voters taking part would lead to SYRIZA gaining a lower percentage than it hopes... a resounding victory if turnout is low and fewer than half of eligible voters cast their ballots

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  3. OECD sees Greek recession continuing in 2014, slower recovery to follow
    Photo by MacroPolis

    EconomyMacroeconomy

    percent next year. The updated OECD projections remain lower than those of the European Commission (EC... to different methodologies. Nevertheless, the rate of decline in OECD projections is much slower than... lower than its November forecasts. Although the 2014 estimate is in line with the EC projection

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  4. Tourist arrivals in Greece up 18.7 pct in 2013 but lower average spending points to missed potential
    Photo by MacroPolis

    Economy

    spent less on average last year than in 2012. The average spending per trip eased by 1.9 percent year on year to 604 euros, remaining 38 percent lower than that of Spain (976 euros). In contrast... respectively. Compared to its competing destinations, Greece’s share is only lower than Cyprus (6.8 percent

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  5. Ahead of European elections, Greeks display wavering faith in EU
    Photo by MacroPolis

    Society

    , intrusive and inefficient. Also, less than a third believe that the EU promotes prosperity, although... are far less hopeful about economic and employment prospects in their country and the EU than the average for the 28-member bloc. Greeks are also less likely to trust the EU than their Union peers

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  6. Golden Dawn rears its head in local polls, prompting rethink from main parties
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    in Athens, where spokesman Ilias Kasidiaris got more than 16 percent of the votes in the mayoral race. His... close to or more than 20 percent of the vote, making Kasidiaris the leading candidate at those centres... candidate drew close to 8 percent of the votes, which is still higher than the 6.9 percent the party

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

    Agora

    . Uncertainty took center stage. The Athens General Index plunged more than 15 percent within the course... percent lead over ND, the senior government coalition party. Elia (PASOK) clocked a better than... than 10 percent of their previous electorate power, their combined power still stands ahead of SYRIZA

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  8. ELSTAT survey finds 2013 household budgets devastated, inequality persists
    Photo by Harry van Versendaal

    Society

    in the rural than the urban areas. The average monthly expenditure in the urban areas fell 7.1 percent...) is 5.7 times higher than that of the 1st (333 euros). The respective ratio stood at 5.9 in 2012... compared to that (1,030 euros) of the non-poor population. Food and housing account for more than half

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  9. Wealth in Greece plunged by 170 bln since 2007, report finds
    Photo by MacroPolis

    Society

    on year, but that it had fallen by more than a fifth in Greece over the last seven years. The evolution... wealth in Greece is estimated at 0.56 trillion euros, similar to that in Finland, which has less than... population than Greece. According to JB estimates, the wealthiest 10 percent of European households have

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  10. Greek banks may soon breathe sigh of relief on capital needs
    Photo by MacroPolis

    Agora

    . This could trim their capital shortfall by more than 2 billion euros. Citing banking sources, Ta Nea daily...’s plan indicated that the coalition believes more than 10 billion will still remain available after... of additional capital that will be needed rather than investor appetite. A similar statement was made

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