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  1. Domestic factors seen playing role in PM's pick for European Commission

    PoliticsGreek Politics

    they argued would render wealth declarations meaningless. Another major piece of legislation debated..., journalists and public contractors. Promoting the bill, the government focussed on the automation

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  2. Greek union data suggest workers get paid late or in kind

    Society

    money, according to data gathered by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE). A report in the Greek daily “Ta Nea” that cited figures compiled by INE-GSEE... consecutive years of decline up to 17.2 percent. The INE-GSEE data presented by the daily paper also show

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  3. Labour cost fall has not produced jobs, bemoans GSEE in study
    Photo by MacroPolis

    Society

    on the Greek economy and jobs published by the Labour Institute (INE) of the General Confederation..., the report said. The INE maintains that the gains made by companies from the fall in labour costs has... reduction in prices,” the INE said. The 178-page report also noted its concern that almost 70

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  4. Are hirings in the public sector out of control?
    Photo by MacroPolis

    EconomyFeatures

    . Announcing the new hiring plans, Interior Minister Panos Skourletis argued that the hirings would... permanent public sector staff and 15,000 contractors, at a cost of 600 million euros. These accusations... contractors. Their numbers have swelled from 3,413 in 2012 to 15,601 at the end of 2017. By far the largest

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  5. Mortgage loans a key piece of NPL reduction puzzle

    EconomyBanking

    The persisting issue of non-performing loans (NPLs) was one of the key items discussed last week by the government and the institutions. In its latest report, the Bank of Greece (BoG) outlined that in the second quarter (Q2) of the year, Greece’s four s...

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  6. Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....

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  7. VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....

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  8. Government lines up crackdown on NGOs as next piece in harsher migration policy

    PoliticsGreek Politics

    The government is doubling down on the stricter migration policy and harsher rhetoric on the issue, which has intensified since Thanos Plevris took over as the country's Migration Minister. The ruling New Democracy party is hoping that this change of st...

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  9. Asking Greece to stack more austerity measures ignores past failings
    Photo by Harry van Versendaal

    Agora

    of colourful characters and cliff-hanger negotiations that ensued. The prevalent narrative is that 2014

    37%

  10. Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
    Photo by MacroPolis

    EconomyBanking

    was reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB

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