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  1. Worsening EU-Russia ties leave Greek coalition in precarious position
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    PoliticsForeign Policy

    The 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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  2. GSEE report stresses risks on employment and the pension system, outlines burden on wages

    Society

    labor 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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  3. Athens pleased with Brussels appointments but new Commissioner faces big task
    Photo by MacroPolis

    PoliticsGreek Politics

    Positive 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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  4. Samaras plots early bailout exit, plays down debt relief as Merkel remains tight-lipped
    Photo by MacroPolis

    PoliticsGreek Politics

    ’ visits has been a highly politically charged affair, usually resulting in the government having to push through fiscal measures or structural reforms. This has given opposition parties regular... to continue backing the government, whose popularity has been sliding since May’s local and European

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  5. Greek debt: A case of learned helplessness?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    to overlook opportunities for relief or change. Over the last year, the Greek public has been... percent of GDP given that roughly a quarter of the economy has evaporated over the last five years... has a further grievance in that the ECB offered private creditors who owned Greek bonds

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  6. ‘We’re dying to pay our taxes’
    Photo by MacroPolis

    Agora

    was, in the public eye, invariably blamed on the property tax that has proved deeply unpopular in a country where 80... tax kills,” read one newspaper headline. For a friend in his mid-50s who has been desperately looking... EU-imposed austerity has been replaced by resignation and despondency. And in this sense, the death

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  7. Growth, recovery, change and other words lost in the wind
    Photo by Harry van Versendaal

    Agora

    , competitiveness, adjustment and relief has plummeted. At home, Greek politicians have shown that they can keep up... of the words whose meaning has been undermined. They are spoken by people who have no intention... on Tuesday. Hardouvelis – a man of numbers who has only been in government for a few months

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  8. Managing an orderly Greek exit from the memorandum
    Photo by MacroPolis

    Agora

    conditions set by the ECB in Frankfurt. The ECB has drawn attention to the fact that Greek banks cannot... three notches below this critical ECB threshold. Furthermore, ECB president Mario Draghi has... Greece has an agreed economic monitoring programme beyond the adjustment process foreseen

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  9. Greece said to eye exit plan with precautionary support but no new MoU
    Photo by MacroPolis

    EconomyProgramme

    its bailout program has led the government to change its plans, according to local media reports. Since early September, the 10-year Greek government bond yield has jumped from around 5.5 percent... percent in the last 4 weeks. According to reports, this has prompted the government to consider a new

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  10. Cairo Declaration inches Greece closer to hydrocarbons goal

    PoliticsGreek Politics

    in Greece has fallen on what the pact might mean for Greece’s hopes of demarcating its Exclusive Economic Zone. Cyprus has already marked out its maritime zone after agreements with surrounding countries... for hydrocarbon reserves, as Cyprus is doing currently. The coalition has consistently stressed

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