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Greek unemployment rate hovers at 27 pct in June
EconomyMacroeconomyrevised 27.1 percent recorded in May, according to the Hellenic Statistical Agency (ELSTAT... posted a MoM decline for the first time since February. Following the revision, the May figure..., the number of employed stood at 3.53 million in June implying an increase of 10,290 on the May figure
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Run this way: The recurring pattern of Greek leaders
AgoraAs the Greek general elections of May (and then June) 2012 approached, every poor unfortunate... run, Samaras forgot the 16 billion euros that flew out of Greek bank accounts in May and June 2012..., Samaras should cast his mind back a few years to when he was opposition leader. In May 2011, Samaras
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Standoff over civil servants in Greece bears hallmarks of pre-election clash
PoliticsGreek Politicsat the time may have handed up to 35,000 people long-term jobs in the public sector without following... most populous and economically productive region. Her victory in the May local elections drew great... Dourou’s fiery rhetoric and defiant stance will have the leftist grassroots support purring, it may
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Managing an orderly Greek exit from the memorandum
Agora, a perilously high level not attained since May 2012. At such yields, the government’s objective... between two (or more) eurozone countries may not occur again in the coming months. Thus exiting its... to avoid intrusive IMF supervision may be possible, but the European surveillance exercise can
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ECB stress tests and what they will mean for Greek banks
Economyrecently indicated that Greek banks capital needs may top 1.5 billion euros, a figure that most likely refers to the outcome of the dynamic approach. This figure may also incorporate the positive impact... newspaper indicated on Saturday that Greek banks total capital shortfall may end up well below 1 billion
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The rise of a "Spanish SYRIZA" transform’s country’s politics
Agorato be just a flash in the pan or is here to stay may rely on how credible its proposals can be. The economic... polls, due to be held in May. As national elections get closer, the party will be forced to actively... establishment is not that easy. But its triumph may well depend upon others’ errors too. *Arturo Lopo
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Probe into LAOS leader could spark contest for party's voters
PoliticsGreek Politicsmonths. LAOS caused a minor upset in the May European Parliament elections when it gained almost... ballot, however, put LAOS back in the game. In the wake of the May ballot the possibility emerged... to win over the 154,000 voters who backed LAOS in May’s EU vote.
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Troika and Greece in stalemate over budget targets, prior actions as time ticks away
EconomyProgrammeat the beginning of next year, Greek banks may not have access to ECB funding but resort only to Emergency Liquidity Assistance (ELA). Greek banks have eliminated the more expensive ELA funding since last May... by the December 8 Eurogroup will be missed and decisions may be taken either at an extraordinary Eurogroup
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Coalition edges towards 180 votes for president but close to exhausting resources
PoliticsGreek Politicsmay be able to secure a few of these votes in the final round, it would be a major surprise... supporters of Dimas’s candidacy in the final ballot. There may be a couple more MPs from DIMAR... at noon on Monday - well before the Athens Stock Exchange close. Samaras may be called upon to come up
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How snap elections in Greece fit into Samaras's strategy
Agora. In the meantime, investors and depositors may have voted with their feet. This would likely lead Greece..., New Democracy garnered an unthinkably poor 18.8 percent in the May vote (the lowest total in its... saviour-like, with an increased majority. It may sound like a far-fetched plan, which runs counter
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