Search
-
As SYRIZA looks towards centre, will New Democracy turn to its right?
PoliticsGreek Politicsallies, the anti-bailout Independent Greeks and Democratic Left (DIMAR), both performed terribly on May... and option, New Democracy may turn in the other direction, towards the right. There have already been suggestions coming out of the conservative camp that Independent Greeks’ disappointing result on May
3% -
SYRIZA leads in most age groups, professions but coalition parties dominant among pensioners
PoliticsGreek PoliticsGreece’s political parties have been looking at the May 25 European election results to understand... people in March and May, before the vote, the data shows that SYRIZA’s victory was built on support... that SYRIZA’s dominance in so many categories may create a bandwagon effect that will give it extra
3% -
Greek gov't and Parliament on hold, waiting for cabinet reshuffle
PoliticsGreek Politicsthe May 25 European Parliament elections but it certainly appears that a number of key tasks have... is likely – although not certain – to be replaced. Following the disappointing May 25 election results... to resign. His removal would be controversial and may create friction between the government
3% -
Greece gets new finance minister but old guard dominates cabinet reshuffle
PoliticsGreek Politicselections on May 25. It is questionable, though, how much room for manoeuvre Hardouvelis will have given... as Georgiadis’s successor may be an effort to ensure the minister with the health portfolio... appointed to ministries are known for their combative styles. It may be an indication of Samaras believing
3% -
As Bank of Greece lines up Stournaras to take over, it reveals how risky things got during crisis
EconomyMacroeconomyelections on May 25, the coalition should consult with it over key appointments such as the governor... the crisis period were posted in September 2011 (6.29 billion), October 2011 (6.34 billion), May 2012 (9.19... reflected the increasing uncertainty. That demand peaked in May-June 2010 when Greece signed the first
3% -
Greek economic sentiment breaks through 100-point mark for first time since 2008
EconomyMacroeconomyGreece’s economic sentiment improved by another 4.6 points in June to reach 103.7, May, according... August 2008 and is the highest reading since April 2008. Economic sentiment rose by 3.7 points in May Economic sentiment reached a low of 74.8 points in May 2009, followed by a volatile performance
3% -
Retail sales up 3.9 pct in April for first positive YoY reading since 2010
EconomyMacroeconomy, in May. The sectors that showed the most notable positive movement in retail sales were clothing... in May to -49.8, its highest level since February 2010. The breakdown of Q1 GDP components provided by ELSTAT in mid-May showed final consumption grew by 0.8 percent with households’ consumption up
3% -
Public deficit and democratic duty
Agorain the European Parliament elections in May. Her party took just 3.4 percent of the vote.... By May 2010, Greece had a financing gap of 35 billion euros for the rest of the year, so it is difficult... as early as May 2009, the state budget deficit was already at 14.4 billion euros, with 43 percent
3% -
End of troika in Greece would create new challenges for coalition
PoliticsGreek PoliticsWhile reports that the troika may be disbanded in favour of a more European Union Task Force-style... been whittled down to just two and which may be forced to go to snap elections early next year has... elections in May. This week alone, PASOK has asked the government to remove a provision on derivation
3% -
OECD report paints grim picture for Greece's labour market
EconomyMacroeconomyalso remain the same compared to the previous projections released in early May and call for a mild recession of 0.3 percent in 2014 and a 1.9 percent rebound in 2015. The latest OECD figures for May...) and Portugal (14.3 percent). In the euro area the jobless rate stood at 11.6 percent in May
3%