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  1. Greece near bottom of OECD rankings for spending on R&D
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    was equal to just 1 percent of GDP in 2015. Greece came before Poland and Turkey (33rd and 34th place...) and Sweden (3.3 percent). The US (2.8 percent), Australia (2.1 percent), the EU (2 percent) and the UK

    12%

  2. Institutions back in Athens to resume review, agree new measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    targeted savings of 2 percent of GDP after 2018, which are almost equally split between a reduction... of 24 percent by 1 percentage point. On the issue of the new privatisation and investment fund (HCAP

    12%

  3. Round of talks nearing end with limited progress, serious doubts about March 20 goal
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    and pensions worth 1 percent of GDP each, while the government wants lower savings of around 0.75 percent... sources are saying, the volume of measures to be pre-legislated may end up close to 2 percent of GDP

    12%

  4. Slow progress on fiscal, impasse on labour keep review deal on hold
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    there is room to reduce the demand for 2 percent of GDP (3.6 billion euros) in new measures. Any... than the reduction of the tax-free threshold, each of which are currently slated to yield 1 percent

    12%

  5. Progress seen after Brussels talks but review conclusion still out of reach
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    measures that Greece wants to implement to counter the impact of the 2 percent of GDP in new fiscal measures it will have to pre-legislate. On pensions, the disagreement appears to be if the 1 percent

    12%

  6. Trade deficit surges 17.7 pct in Feb on double-digit growth in imports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , trade deficit reached almost 2 billion. The breakdown by geography revealed imports from non-EU... by 2.5 and 1 percent respectively, while the corresponding trade deficit dropped by 4.4 percent

    12%

  7. Foreign minister opens up about EU concerns
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    developments regarding EU–UK negotiations. According to Kotzias, Greece’s main aim is: 1. To avert negative fiscal repercussions from the Brexit, 2. To safeguard the rights of Greeks working and studying

    12%

  8. IMF downgrades Greek GDP and unemployment forecasts
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    EconomyMacroeconomy

    stands at 1 percent for 2022, lower than its previous forecast of 1.8 percent for 2021. The report also... in Q4 2017 and 2 percent in Q4 2018. The Fund upped its estimate for the jobless rate to 21.9 percent

    12%

  9. Greek stocks edge down 0.6 pct ending three-week rally
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    lower and 10 higher, while 2 stayed flat. The trading activity slowed with the turnover surpassing...) of Titan approved the distribution of a dividend of 0.10 euros per share and a capital return of 1 euro

    12%

  10. Apartment prices decrease at a sharper pace by 1.8 pct in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Apartment prices in Greece fell at a sharper pace by 1.8 percent year-on-year (YoY) in the first quarter (Q1) of 2017, following an upwardly revised drop of 1 percent in Q4 2016, Bank of Greece (BoG... that prices in new apartments (up to 5 years old) declined by 2 percent YoY and by 0.5 percent QoQ

    12%