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  1. Social support in Greece not adequate enough to deal with crisis, says OECD
    Photo by Harry van Versendaal

    Society

    the attention of Greece and its lenders: 1) The major decline in household income Total household income... households. Since 2007/8, total spending on social protection and health fell by some 18 percent

    2%

  2. Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010

    EconomyMacroeconomy

    funding in March, reduced its contribution to total Eurosystem funding to just 5 percent from 11-14... available bank data (end 2013) indicate that the ratio of Eurosystem funding to total assets ranged

    2%

  3. Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend

    Economy

    negative contributor to the total revenue underperformance, as the respective 3-month figure fell short... of the year were in line with the target. They posted a 6.1 percent increase to 1.99 billion. The total

    2%

  4. Possibility of post-election breakup dogs Greek coalition

    PoliticsGreek Politics

    also mean that the combined total of the support for PASOK and New Democracy would be more or less... earthquake” if the leftists can beat the aggregate total of the two coalition party’s election

    2%

  5. OECD sees 3.3 bln euros of savings Greece can make by cutting red tape

    EconomyMacroeconomy

    estimated in 2006 that total administrative costs amounted to 6.8 percent of GDP and that a reduction..., pharmaceuticals and tourism. The last five areas account for less than 1 percent of total administrative

    2%

  6. Local elections in Greece a precursor of European vote
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    parties a sense of momentum. A total of 13 regions, or districts, are up for grabs along with 325... as a total of 104 political groupings are being represented in these elections. Traditionally parties

    2%

  7. Historic victory for SYRIZA in EU vote unlikely to dislodge Greek coalition
    Photo by MacroPolis

    PoliticsGreek Politics

    saw its support decline by a combined total of almost 11 percentage points. Nevertheless, the fact... of the vote was close to or above the combined total of the coalition’s backing. Elia survives

    2%

  8. Piraeus Bank reports loss of 247 mln for Q1
    Photo by MacroPolis

    EconomyBanking

    million. This corresponds to 71 percent of the total targeted fully-phased synergies of 550 million... percent of the total loan book. Following the capital increase of 1.75 billion in April

    2%

  9. Greece's new finance minister lines up for a marathon (and several short sprints)

    PoliticsGreek Politics

    years. This could result in total savings of 25 billion (14 percent of GDP) over the 50-year period... plan for creating a total of 770,000 jobs by 2020. Three quarters of those jobs are projected

    2%

  10. IMF report sees a number of risks lying ahead for Greece

    EconomyProgramme

    and tourism, which account for 2/3 of total exports, have significantly lagged other countries... and restructured loans at 40 percent of total loans by the end of 2013. The coverage ratio (cash

    2%