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  1. S&P keeps rating at 'B+' and highlights obstacles to competitiveness

    Economy

    ’s as the latter raised Greece’s rating by two notches to ‘B1’ last month. Both are one notch behind... its view that Greece has one of the most advantageous debt profiles of all its rated sovereigns

    3%
  2. Fears and reassurances over PPC's dire finances
    Image via www.dei.gr

    EconomyFeatures

    units, the net loss came closer to one billion euros. Criticism has come flying from all sides... in the electricity sector when one operator controls virtually all access to Greek lignite reserves, which

    3%
  3. EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyMacroeconomy

    , before dropping to an increase of 0.4 percent next year. One of the main risks highlighted... in this year, factoring in the one-off positive impact of debt measures agreed in April. The balance

    3%
  4. Greek elections: Just the (decisive) details to be settled
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    that the next Parliament will consist of fewer parties than the current one, which contains eight..., in one form or another, are diminishing - no party consistently polling second in recent history has

    3%
  5. Confidence vote due amid toxic atmosphere, narrowing of opposition poll lead
    Photo by MacroPolis

    PoliticsGreek Politics

    of the latest political clash. One part of the fiery exchange between Tsipras and Mitsotakis... and articles on the matter. New Democracy also seems to have no appetite for letting the matter rest. One

    3%
  6. Lenders highlight risks of 'short-term popular' measures unveiled by government
    Photo by MacroPolis

    EconomyProgramme

    to Reuters indicated that there is disquiet among the creditors about the measures. One source said... sector employment reforms which if realized could cost as much as 9 billion euros on a one-off

    3%
  7. Athens moves ahead with expansionary measures as it waits for lenders' response
    Photo via Fosphotos

    EconomyProgramme

    benefit for low-income pensioners, admitting that scrapping the handout was one of SYRIZA’s “big defeats... to abide by its commitments. Primary surplus One issue that Tsakaltos is certain to be quizzed about

    3%
  8. How SYRIZA lost and New Democracy won
    Photo by MacroPolis

    Agora

    their first ballots. Connecting with the youth was meant to be one of Tsipras’s assets. An exit poll from... percent versus 29.3 percent for SYRIZA. A new landscape One of the ways that the Greek crisis reflected

    3%
  9. Budget primary surplus confirmed at 1.46 bln in April, above target by 2.31 bln on higher revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    million euros being incorporated to 2019 to cover the one-off payments related to the law 4575/2018... salaries by 330 million euros (mainly the one-off payments of law 4575/2018) and a rise in PIB

    3%
  10. Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
    Photo by MacroPolis

    EconomyBanking

    . When excluding one-off items, namely the bank’s voluntary retirement scheme, PPI fell by 6 percent QoQ. PPI in Q1 2018 stood at 64 million euros. Excluding one-off items, PPI for the same quarter last

    3%