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  1. Stournaras eyes easing of capital controls, updates on loan quality and NPL reduction targets

    EconomyMacroeconomy

    and approve the banks’ strategies for NPE reduction include: 1) Long- rather than short- term sustainable solutions 2) Coordinated deals of common borrowers with overdue loans in more than one bank 3

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  2. Siemens trial hitch ratchets up tension between coalition and judiciary
    Photo by Joe Gratz via Flickr https://flic.kr/p/bkUna

    PoliticsGreek Politics

    , including the list of charges, so they could be handed to the non-Greek defendants among more than 60 people... on more than one occasion and the latest spat means that this will be an issue that deserves

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  3. Coalition and opposition make proposal and counter-proposal in build-up to electoral law vote
    Photo by MacroPolis

    PoliticsGreek Politics

    the supermajority of 200 votes in Parliament that would mean it could apply immediately rather than after... completely, but rather than 50 seats for it to be based on the party’s share of the vote. The centrists

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  4. ELSTAT publishes data on bankruptcies since 2004, showing deterioration during crisis

    Economy

    in 2010-2014, 2.2 times higher than the respective figure in 2004-2009. Moreover, the average... in 2010-14, 1.8 times higher than the average figure in the preceding years. In 2014 in particular

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  5. Greece treads carefully, hoping to avoid blowback from failed coup in Turkey
    Photo by Ardac via Flickr https://flic.kr/p/oY8HxB

    PoliticsForeign Policy

    Like so many countries across the world, Greece viewed the failed coup in Turkey with surprise and concern, although Athens has more reason than most to be wary of what ramifications the botched... tone with respect to Greece than Foreign Minister Mevlut Cavusoglu had done in the wake of the news

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  6. Coalition to focus on constitutional reform after electoral law, as TV tender progresses

    PoliticsGreek Politics

    the president’s powers and possibly having him or her elected by voters rather than MPs. Prime Minister... be made rather than setting out specific proposals. It is clear that the debate about the electoral

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  7. The cat is out of the bag: Europe's politics is a mess

    Agora

    be overturned? An appeal to your successor to tread carefully and look further ahead than you did? No, you... that pursuing a different economic policy is easier said than done. This week, the European Commission

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  8. Sallas exit from Piraeus marks end of era in Greek banking sector
    Photo by MacroPolis

    EconomyBanking

    of 678 units, around 70 branches more than its closest rival, Alpha. Following the latest... at 7.8 billion, while it employed more than 19,250 staff. It should be noted that following

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  9. Greek expats generating 9.1 bln in taxes abroad each year, study suggests
    Photo by MacroPolis

    Society

    estimates that Greek expats have generated a total of more than 50 billion euros of GDP in their new countries since 2008. In addition, the Greek state is estimated to have invested more than 8 billion

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  10. S&P affirms Greece’s rating with stable outlook

    Economy

    notches above that of Moody’s (‘Caa3’ set on July 1, 2015) and two notches higher than Fitch (‘CCC... of the Greek population pays around 60 percent of taxes, while more than half of wage and pension earners

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