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  1. For Stournaras, it's out of the frying pan and into the heating oil

    PoliticsGreek Politics

    the latest developments in his ministry, he may be feeling the same sense of isolation again.

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  2. Samaras ratchets up tension in clash with SYRIZA over violence
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    led the party. SYRIZA’s response to Samaras’s latest attack was to label him the “high priest

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  3. Greece's 2014 fiscal gap suddenly appears bigger, much bigger

    Economy

    in the region of 6 billion, conditional to the progress of the privatization program. According to the latest

    2%
  4. Greece's current account in surplus for the fourth consecutive month

    EconomyMacroeconomy

    years. Latest BoG estimates (released in the end of May) called for a C/A deficit of 3 percent of GDP

    2%
  5. Submarine deal resurfaces, threatening new political divisions

    PoliticsGreek Politics

    Ex-Defence Minister Akis Tsochatzopoulos was jailed for money laundering last week but his legacy continues to cause turmoil in Greek politics. The fallout from the submarine deal he signed while at the ministry is at the heart of SYRIZA’s latest political assault on the government

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  6. Disposable income plunged 9.3 pct in Q2, dragging consumption down with it

    EconomyMacroeconomy

    Greek household disposable income fell by 3.1 billion euros or 9.3 percent year on year (yoy) in the second quarter of 2013 and reached 30.1 billion, according to the Hellenic Statistical Authority (ELSTAT). The latest data indicates an accelerating decline compared to the first quarter drop

    2%
  7. Deposits down for fourth month in a row as tax obligations rise

    EconomyMacroeconomy

    of household disposable income, with latest data depicting a 9.3 percent drop in the second quarter

    2%
  8. Fear and loathing in Athens: an ex-minister's take on troika reviews
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    The troika is due to resume its latest review of the Greek adjustment programme next week but ahead of the inspectors’ return, a former minister has cast serious doubt on Greece’s negotiating strategy and the motives that drive some of the lenders’ demands. With the disbursement of a 1-billion-euro

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  9. Retail's downward slide continued with 8.9 pct sales drop in August

    Economy

    and social benefits. The latest figures show a 9.3 percent drop in gross household income the second

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  10. Does new troika visit spell fresh drama for Greece? Maybe not

    Economy

    There has been fresh confusion this week over when the troika will return to Greece to complete its programme review and where the differences between Athens and its lenders lie. The five questions and answers below should help clear up the matter. When will the troika return to Greece? The latest

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