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Greece's primary surplus: Much ado about nothing?
AgoraThere has been some confusion about Greece's fiscal statistics this week after the size.... The latter shows the Greek deficit has narrowed by 21.1 billion since 2010, of which 9.3 billion..., the focus has been on the primary surplus target. This is an extract from the statement issued after
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Jobless rate drops for fifth month to 26.5 pct in Feb but employed also falling
Economy. The headline figure had peaked at 27.7 percent in September and has been on a downward trend since... at 3.609 million from 3.614 million in January. Over the past five years, the number of employed has... is the slowest over the past three months. Although the number of unemployed has dropped by 84,000 since its
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In Spain, the best generation is in danger of becoming the lost generation
AgoraGreece and double the average in the European Union. The European Commission has set up a 6-billion-euro Youth Unemployment Guarantee fund and the Spanish Prime Minister, Mariano Rajoy, has vowed to fight... University and University of Valencia, respectively. They complained that the government has
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Significant post-election economic challenges await Greek coalition
Economyreview,” which is due in September. The government has reportedly assessed a plan incorporating... Credit to the private sector has been limited over the past few years. Credit expansion turned negative in January 2011 and has been hovering at around 4 percent over the past two years
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Elections results present fresh challenges for SYRIZA and New Democracy
PoliticsGreek Politicsas possible.” It is far from the first time that SYRIZA has asked for snap polls but the first time it has... while retaining its credibility. SYRIZA has often undermined itself in the last few months.... A lack of belief in SYRIZA being able to manage key political issues has been one of the main factors
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Samaras shoots, Samaras scores!
Agoracherished. But Giorgos Samaras, the striker without a club, has beaten premier Antonis to the title... that victory on the field has the power to transform people’s lives and a nation’s course. Sport could... on the principle of self-sacrifice and the current manager, Portugal’s Santos, has stuck to the theory
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End of troika in Greece would create new challenges for coalition
PoliticsGreek Politicsof questions. Firstly, there is the issue of whether a government whose parliamentary majority has been whittled down to just two and which may be forced to go to snap elections early next year has..., there must be doubts about whether the coalition, ridden with reform fatigue, has the energy
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Worsening EU-Russia ties leave Greek coalition in precarious position
PoliticsForeign PolicyThe European Union’s deteriorating relationship with Russia has placed the Greek government... 178 million euros worth of products to Russia last year and the government has been desperately.... This opened a window of opportunity for SYRIZA, which has sought closer ties with Russia in recent
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GSEE report stresses risks on employment and the pension system, outlines burden on wages
Societylabor cost by 16 percent has been converted only by one fifth in increased price competitiveness... and has gradually dropped to 65 percent in 2014. As a result, the deviation between real wages in Greece and the EU average has significantly risen at levels that are comparable to those in the 1980s
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Athens pleased with Brussels appointments but new Commissioner faces big task
PoliticsGreek PoliticsPositive news from Brussels has been somewhat of a rarity for Greece over the last few years... it as an “honour” that Avramopoulos was given the new post, which has a broad range of responsibilities... arm. Athens has been calling for the EU to take on a more active role in dealing with irregular
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