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  1. What is the state of play with Greek banks?

    Economy

    over the past three months, has also triggered increased interest from the investment community.... Furthermore, a 6 percent cut in bank employee wages has already been in effect retroactively as of January 1.... Although the second quarter results showed that NPL formation has either stabilised or decelerated

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

    PoliticsGreek Politics

    With winter approaching, the subject of heating oil has become somewhat of a burning issue... sourced firewood. There has been growing pressure over the last few weeks from backbench government MPs for the heating oil tax to be reduced this year. So far, Finance Minister Yannis Stournaras has

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  3. Eurozone periphery condemned to low wages, demand, EC study suggests
    en_GB Photo by Harry van Versendaal

    Economy

    on the decisions taken by core euro area countries, particularly Germany, which has been setting the tone... pursue fiscal retrenchment across the eurozone. It is what lies behind this criticism that has wider... between the periphery and the core does not widen again. This means the periphery has to perform

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  4. Kammenos ups rhetoric but Independent Greeks' future unclear

    PoliticsGreek Politics

    The leader of anti-bailout Independent Greeks, Panos Kammenos, has never been reluctant to express... hit a nerve. The term he used is particularly loaded at the moment because Neo-Nazi Golden Dawn has... Zois, set up his own right-wing movement. However, a possible alliance with SYRIZA has the greatest

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  5. Golden Dawn murders generate new test for Greek democracy
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Greek democracy has been under pressure since the country’s economy and political system began... settling of scores. For the time being, though, the reaction of all parties has been to condemn... Dawn’s reaction once the dust has settled remains to be seen, it’s certain that the shootings

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  6. Last man standing
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    view on the subject has evolved since the party shot to prominence early last year. It is the most... the government, often justifiably, and evolving its own positions on crucial issues. So far, there has...-be prime minister has to start showing at some point that he is a cut above the rest. While SYRIZA

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

    PoliticsGreek Politics

    ” as she put it. How realistic, though, is it to expect DIMAR, which has 14 MPs, to rejoin the government... view shared by everyone in his party? Since leaving the coalition, DIMAR has been through a period of introspection as it tries to find a new political role. This has created some splits in the party

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  8. Seven in 10 Greeks raiding savings to pay bills, two in 10 have no deposits

    Society

    years. Household disposable income has retreated by 22.3 percent over the last three years, tax revenues... into their savings to cover basic costs and pay their growing tax bills. Of course, this has a knock... people questioned believe their economic situation has worsened over the last year. Meanwhile, 92

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  9. Time running out for coalition to find formula on home foreclosures

    PoliticsGreek Politics

    away at him for the next few days. It is one of several loose ends Greece has to tie up but may... any spillover effect when the financial crisis broke out in the US. But the ban has been renewed... foreclosures have become a taboo. It has failed to steer the debate - either on a broader public

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  10. One in four Greeks in severe material deprivation; a eurozone outlier
    Photo by Harry van Versendaal

    Society

    Greece has the sixth highest rate of severe material deprivation among 30 European countries... to afford adequate heating of a dwelling or to purchase durable goods), rose again last year – as it has..., especially considering that the economic situation has deteriorated further since the data’s reference

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