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Risk of poverty in Greece rising to alarming levels
Societydeprivation in 2011. This was by far the highest figure in the eurozone, with Cyprus in second place... and its lenders have so far been unable to address this issue and as long as this remains the case
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Industrial production continues decline with 7.2 pct drop in August
EconomyMacroeconomythat except for April and June, all monthly readings so far in 2013 exhibit a single digit drop of between... suggest that Greece's recession is still far from over.
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Golden Dawn draws support from surprising sources to retain popularity
PoliticsGreek Politicsclassify themselves as centrists, while less than a third position themselves on the far right... popularity, as is evident from its opinion poll ratings so far.
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Golden Dawn murders generate new test for Greek democracy
PoliticsGreek Politicsthe incident, the far right party blamed “terrorists” and the coalition government led by Antonis... built by prosecutors. The allegations about its activity, which were far removed from the group’s
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October budget revenues beat target by 24% but gg arrears reach 2.47 bln in 2013
EconomyMacroeconomywith their outstanding balances down by 885 and 640 million respectively so far this year. The recorded drop... the same period, implying that new arrears of 2.47 billion have been created so far in 2013, of which 0.67
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OECD's Greek debt forecast shakes foundations of troika DSA
EconomyMacroeconomyof the areas the troika-led program has so far failed to improve. But most alarmingly, the OECD presents a debt sustainability analysis (DSA) that is far more pessimistic than the most recent troika
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Greek primary surplus at 400 mln to Oct but arrears keep piling up
EconomyMacroeconomybillion so far in 2013. Thus, excluding previous year’s payments as well as SMP income and adding back... far this year. The MoF also disclosed that payment of state arrears amounted to 4.74 billion
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State arrears to Nov fell to 5.86 bln but 1.96 bln of new debts created in 2013
EconomyMacroeconomybillion (53 percent of total). Public healthcare provider EOPYY was by far the largest contributor... and hospitals with their outstanding balances down by 1.33 billion and 807 million respectively so far
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Wage ruling gives gov't immediate fiscal headache, political one may come later
PoliticsGreek Politicscannot be certain. However, the indications so far suggest that the judges have deemed the armed forces..., three civil servants’ groups that have attempted to overturn wage cuts so far have failed
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Troika returning to Greece but key decisions still months away
PoliticsGreek Politicsmeasures as part of any future conditionality. Indeed, such an agreement would be far more... bailout before the European Parliament elections. The troika’s only concession so far has been
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