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  1. Increase of 11 pct in minimum wage to have knock-on effect in economy
    Photo by MacroPolis

    Economy

    As was widely anticipated, during the cabinet meeting yesterday Alexis Tsipras announced that the minimum wage in Greece will increase for the first time in a decade to 650 euros per month, from 586 euros currently, effective from February 1. This represents a rise of close to 11 percent

    11%

  2. BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    that it had sealed a deal to sell 1 billion euros of its non-performing loans (Jupiter project) which had

    11%

  3. Short-term rentals raise rents by average of 8.3 pct, study indicates
    Photo by MacroPolis

    EconomyFeatures

    that of long-term by a ratio of almost 5 to 1. In Athens, the survey found that for example

    11%

  4. CPI rises by 0.4 pct in January
    Photo by MacroPolis

    EconomyMacroeconomy

    beverages (+1.9 percent), alcoholic beverages and tobacco (+1 percent) and housing and health which both

    11%

  5. Government and banks reach deal over new scheme to protect main homes

    EconomyProgramme

    March 1, are based on the borrowers’ income. Singles who have annual incomes of less than 12,500 euros

    11%

  6. European Commission report due to set tone for build-up to March 11 Eurogroup
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyProgramme

    to decide on whether to approve debt relief measures totalling up to 1 billion euros. The government

    11%

  7. EC report notes economic imbalances and outlines remedies
    Photo by Angelos Christofilopoulos/Fosphotos

    Economy

    remains weak. In 2017, the current account balance recorded only a 1 percent deficit. However

    11%

  8. Moody's raises Greece two notches to 'B1' but highlights challenges for further upgrades
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Katseli law) are ongoing. Continued delay could put the euro area's promised transfer of close to 1

    11%

  9. Mati fire investigation puts spotlight on authorities and government
    Photo by Gerasimos Domenikos/Fosphotos

    PoliticsGreek Politics

    been estimated that the reduction of the voting age by 1 year means that around 130,000 more Greeks

    11%

  10. Deliberations over primary residence bill set to delay green light from Eurogroup
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    The chances of Greece securing the eurozone’s approval for almost 1 billion euros in debt relief measures at Monday’s Eurogroup appear slim as Athens and the institutions had not settled on the details of the legislation for primary residences by Friday. Speaking to journalists in Brussels

    11%