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  1. BoG provides insight into Greece’s housing affordability problem
    Image: MacroPolis

    EconomyFeatures

    built in the 1970s - often necessitates additional capital for renovations to meet modern living... in property values, fuelled by external demand and a shortage of modern supply, is narrowing the housing

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  2. Credit origination and transmission: Are Greek banks part of the problem or the solution?
    Photo by Harry van Versendaal

    Agora

    ] Established in November 2012 SAREB stands for ‘Sociedad de Gestión de Activos procedentes de la

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  3. Athens encouraged by Med7, Macron support in Turkey dispute
    Photo via www.primeminister.gr

    PoliticsForeign Policy

    not de-escalate. Athens also considers the joint declaration issued after the meeting is in line... continental shelf. The Greek side is not optimistic about a de-escalation following the comments made... towards de-escalation that never followed after Cavusoglu revealed that the talks had taken place despite

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  4. Athens hopes for letup in Turkey friction, but talks still in balance

    PoliticsForeign Policy

    considers this move as a sign of de-escalation but is now expecting a long period of tough..., if there is indeed de-escalation as signalled by the return of Oruc Reis to Turkey, to begin our.... The period until September 24-25, when the European Council will be held, will reveal whether the de

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  5. Post-election blamestorming or Why Harris lost and the Democrats should nominate Oprah
    Photo by MacroPolis

    Agora

    and schoolchildren, ‘de-funding’ the police, or the nightly televised scenes of violent pro-Palestinian.... Democrats should get to work recruiting Oprah now. *Frank de Mita is a former field operative... Clinton-Gore ’92 Frank De Mita

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  6. Is Democratic Left set to make a shock return to Greece's coalition?
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    When Democratic Left quit the coalition government in June, the possibility of the small centre-left party bridging its differences with New Democracy and PASOK seemed impossible. Suddenly, though, some kind of reconciliation – a return to the governmen...

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  7. Unemployment hit new high of 27.8 pct in October, set to rise further

    EconomyMacroeconomy

    Greece officially assumed the presidency of the European Union on Wednesday, with the highest unemployment rate in the 28-member bloc. According to the Hellenic Statistical Agency (ELSTAT), the seasonally adjusted jobless rate in October stood at 27.8 p...

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  8. Long-term jobless rate of 71 pct poses new set of social challenges for Greece

    Society

    There was a time when Greece’s unemployment rate caught the media’s attention as it quadrupled from 7.3 percent in the third quarter of 2008 to the recent record high of 27.8 percent in the first quarter of 2014. There is less of a fuss these days, thou...

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  9. Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
    Photo by MacroPolis

    Economy

    Greek media reported on Tuesday that the Ministry of Finance (MoF) will soon table in Parliament a draft bill which will allow the conversion of Greek banks’ Deferred Tax Asset (DTA) into tax credit. The new legal framework has to be approved by the Eur...

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  10. ECB set to provide extra liquidity to Greek banks but capital needs remain an issue
    Photo by MacroPolis

    Economy

    In its latest comment on Greek banks, Fitch noted that they remain burdened by a large stock of non-performing loans (NPLs), despite capital enhancement and progress with their restructuring plans. On the key issue of the European Central Bank’s compreh...

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