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  1. IMF sees primary surplus of 0.7 pct of GDP in 2017, debt ratio peaking at 184.7 pct

    Economy

    of GDP in 2016, falling to 2.7 percent in 2017 and further to 1.7 percent in 2018-2019 before picking up... revenues (as a percent of GDP) are expected to drop by around 1 percentage point per annum

    6%

  2. Greek government faces hard labour dilemma
    Photo by MacroPolis

    PoliticsGreek Politics

    went up, and bailout lenders were handed unprecedented powers over state assets that they will retain... in unemployment, still above 23 percent, and a steady drop in job quality. More than a half million

    6%

  3. In 16th successive fall, Eurosystem funding drops by 3.5 bln in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    billion since June 2015, when the third bailout agreement was agreed. The bulk of this drop was recorded... funding in the last two months led to a shift towards ELA funding, which now makes up 64.5 percent

    6%

  4. Parties reach consensus on broadcasting watchdog after coalition backs off
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Court president Athanasios Koutroumanos, and to drop its goal of limiting the number of licences... relief, which he hopes will set up Greece for a year of strong growth in 2017. This now seems his only

    6%

  5. Stocks rebound 1.5 pct during week, banks climb 4.6 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    edged up to 40 million euros this week from 38 million in the previous week. Market news Foreign... an Extraordinary General Meeting (EGM) of NBG. Hellenic Telecom (OTE) posted a drop of 28.6 percent in third

    6%

  6. Industrial turnover rises at accelerating pace of 9.4 pct in Sept

    EconomyMacroeconomy

    notable drop was posted in mining of coal and lignite (-57.6 percent) followed by repair... by the European Commission edged up by 1.5 points to -4.7 in October, after a short-lived decrease

    6%

  7. Attacks on Chios refugee camp underline precarious balance on islands
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    for Greece is edging up towards 62,500. The UNHCR said that it has tried to ease the overcrowding on Chios... for the migrants’ plight, islanders saw tourism revenues drop this summer and this has stoked some resentment

    6%

  8. As Greeks wait for Brussels deal, general dissatisfaction reigns at home
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    not pleased with the opposition. Interestingly, there was a drop of six points in the percentage of Greeks... leader in his initial comments on Saturday and followed this up with a trip to Havana for the funeral

    6%

  9. Greeks’ wealth fell by 0.6 pct in 2016 for third straight decline
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    is the second highest drop after Brazil (-6.2 percent), while Greek market capitalisation posted... with financial assets making up 22.5 percent of the total figure and equities accounting for only one fourth

    6%

  10. Greece lags in basic skills for youth but improves in educational attainment
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    percent of females. For foreign-born pupils, who are almost four times more likely to drop out of school... potential for the take-up of new professions, the report says. The Commission report referenced

    6%