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  1. Coalition crisis on hold as Kammenos eases up

    PoliticsGreek Politics

    Threats of an imminent government collapse due to Migration Policy Minister Yiannis Mouzalas referring to Greece’s neighbour simply as “Macedonia” appear to have diminished over the last 24 hours. Defence Minister Panos Kammenos, who also leads the juni...

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  2. Rise in new tax arrears slows to 881 mln in March, total stock edges up to 87.5 bln

    Economy

    Greece’s new unpaid taxes rose again March but at a slower pace of 881 million euros compared to 1.3 billion euros in February, according to General Secretariat of Information Systems (GSIS) data published on Tuesday. The aggregate figures point to new ...

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  3. Marfin Investment Group EBITDA up 75.6 pct in Q1

    Economy

    Marfin Investment Group (MIG) has released its Q1 2016 financial report showing that consolidated revenues came in at 245 million euros, recording a marginal decline of 1.2 million, or -0.5 percent versus the same period last year. This was attributed t...

    6%

  4. OECD sees economy picking up from second half of 2016, underlines need for reforms

    EconomyMacroeconomy

    In its latest economic outlook published on Wednesday, the OECD says it expects the Greek economy to recover in the second half of 2016. The Paris-based think-tank also stresses the need for full implementation of structural reforms incorporated in the ...

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  5. Coalition lines up draft legislation with aim of shifting debate and mood
    Photo by MacroPolis

    PoliticsGreek Politics

    The government is hoping Monday will mark the beginning of its attempt to improve its ratings after a difficult few months during its efforts to conclude the programme review. The coalition’s focus will be on the Eurogroup Working Group meeting, which w...

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  6. PASOK and Potami aim to firm up joint platform
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    After several weeks of deliberations, PASOK and To Potami are preparing to present their common policy platform in a show of partial unity that may act a as a precursor to the two parties joining forces at the next elections. The two parties, along with...

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  7. Study estimates tax evasion costs taxpayer up to 16 bln annually

    Economy

    Tax evasion in Greece is estimated to range from 6 to 9 percent of GDP, involving tax losses from 11 to 16 billion a year – the equivalent of almost one third of public revenues – according to a new study conducted by Ernst and Young for the Athens-base...

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  8. Study weighs up extent of Greek emigration during crisis
    Photo by MacroPolis

    Society

    Over 427,000 Greeks aged 15 to 65 emigrated since the start of the Greek crisis in 2008, with the annual exodus trebling to 100,000 in 2013 alone, a new study from the central Bank of Greece claims. Unlike Greek emigrants in the last century, who were l...

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  9. Lenders flag up minimum wage, trade union law among issues to be examined in next review

    EconomyProgramme

    In a 21-page report that was submitted by the institutions to the Labour Minister Giorgos Katrougalos at the end of June and was leaked by Greek daily Eleftheros Typos on Sunday, the country’s lenders detail their proposals on the labour market reforms,...

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  10. Coalition and opposition make proposal and counter-proposal in build-up to electoral law vote
    Photo by MacroPolis

    PoliticsGreek Politics

    The apparent bartering over the proposed changes to Greece’s electoral law is intensifying as the vote on the government’s bill approaches. The ballot is due to take place on Wednesday, July 20, and the government as well as the opposition are trying to...

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