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  1. Piraeus snaps up share in MIG to complete series of corporate moves
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank announced on May 14 its third major corporate development in the last two months, following the successful completion of a 1.75-billion- euro capital increase in late March and a senior unsecured bond issue of 500 million in mid-March. According to the announcement, Piraeus Bank

    2%
  2. OECD sees 3.3 bln euros of savings Greece can make by cutting red tape

    EconomyMacroeconomy

    The Organisation for Economic Cooperation and Development (OECD) released a report on May 15 identifying 3.3 billion euros worth of burdensome regulations in 13 sectors weighing on businesses each year. Over three-quarters of these costs accrue in three of the priority areas, namely tax (VAT

    2%
  3. One night in Cannes

    Agora

    and received the approval of his cabinet on November 1. The ex-PASOK leader's proposal may have been

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  4. Politics trumping economic prudence in Greece

    Agora

    Paulson & Co. has had to suffer during the past 12 months. But he may start looking at Piraeus Bank

    2%
  5. Golden Dawn rears its head in local polls, prompting rethink from main parties
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    the party’s action may suggest that much of this support is not just a reaction to the current

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  6. Greek central government debt inches down to 320.42 bln in Q1

    Economy

    was disbursed on April 24. The IMF’s executive board is due to convene by the end of May to decide

    2%
  7. Greek politics in thrall to new faces and old ideas
    Photo by MacroPolis

    Agora

    nuances that may have existed in Greek politics have disappeared into the gaping sinkhole created

    2%
  8. Central gov't cash deficit shrinks to 1.27 bln in April

    EconomyMacroeconomy

    to the 1.05 billion reported by the MoF in the preliminary budget execution bulletin released on May

    2%
  9. Jobs, hundreds of thousands of jobs
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    the highly politicized European Parliament elections, Samaras and Venizelos’s pledges may not be based

    2%
  10. Fitch upgrades Greek credit rating to B with stable outlook

    EconomyMacroeconomy

    was published on May 14, 2013 when long-term rating was raised by one notch from ‘CCC’ to ‘B-‘. Greece’s

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