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Greece treads carefully, hoping to avoid blowback from failed coup in Turkey
PoliticsForeign PolicyLike 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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Coalition to focus on constitutional reform after electoral law, as TV tender progresses
PoliticsGreek Politicsthe 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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The cat is out of the bag: Europe's politics is a mess
Agorabe 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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Sallas exit from Piraeus marks end of era in Greek banking sector
EconomyBankingof 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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Greek expats generating 9.1 bln in taxes abroad each year, study suggests
Societyestimates 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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S&P affirms Greece’s rating with stable outlook
Economynotches 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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Turkish unrest gives Greece the shivers
Agoraand antagonism have made Athens nervier than it needs to be, but there have been specific cases of Greeks... much more complex and edgy than they have been in recent times. The current government has made
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Decline in retail sales accelerates to 8 pct in May
EconomyMacroeconomya precipitous fall since its peak in 2008, having lost more than 45 points, a fall in excess of 40..., with only a few exceptions. Sales of furniture and household equipment have tumbled by more than 60
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Minor uptick in time deposit and average loan interest rate in June
EconomyMacroeconomylow it recorded in May and stands almost 30 bps higher than the eurozone average rate of 0.57 percent... low since Greece’s euro accession in 2002. Loans Corporate loan rates for amounts less than 1 million
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Bank of Greece publishes revised Code of Conduct for management of NPLs
EconomyMacroeconomyBank of Greece published on Tuesday evening the revised Code of Conduct for the management of non-performing loans (NPLs) held by individuals and very small businesses (with turnover less than 1... below interest only and grace period. Longer term (higher than 2 years) settlements, taking
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