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  1. The euro debate Greece is not having
    Photo by Harry van Versendaal

    Agora

    such a sacrifice. There is no gain without pain, goes the argument. However, more than three years... Greece and Germany is about 43 percent and Greece needs the euro to be 25 percent cheaper than its

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  2. Greece leads way in cutting spending on healthcare, finds OECD
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    Greece made the biggest reduction in its healthcare budget of any OECD country between 2009 and 2011, cutting spending by more than 11 percent, according to a report published on Thursday. The OECD’s... of improving health than spending money once a disease takes root. However, prevention expenditures

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  3. After Merkel, Samaras faces immediate challenges on domestic front
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    called on to pay roughly eight times more in property tax next year than they did in 2009... on foreclosures for homes worth less than 200,000 euros. The latter is a particularly difficult

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  4. Percentage of people in Greece at risk of poverty rises, tops EU list
    Photo by Harry van Versendaal

    Society

    . However, the threat of hardship also affects those with work. More than 27 percent of Greeks... billion next year – a cut of more than 18 percent. When the element of social exclusion is added

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

    PoliticsGreek Politics

    with a taxable value of less than 200,000 euros. The temporary measure was introduced to protect households from... ahead of the crisis meant that homes with a taxable value of less than 200,000 euros included

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  6. Building activity in Greece fell by nearly 40 pct in year to September

    EconomyMacroeconomy

    percent in volume. As expected, the bulk of total building activity (more than 90 percent) is related...-performing loan ratio has more than tripled to 24.0 percent at the end of June 2013 from 7.4 percent

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  7. DIMAR faces struggle to survive in 2014, a year of elections
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    to enter Parliament and less than half what the 6.2 percent the party won in the June 2012 elections..., however, is deeper than just a disagreement between these two men. A wing of the party known

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  8. Manufacturing PMI reached four-year high of 49.6 pts in December

    EconomyMacroeconomy

    Greek Manufacturing PMI advanced for second straight month in December, reaching its highest level in more than four years as it reached 49.6 points from 49.2 in November, according to Markit... to November, yet the rate of decline in outstanding business was slightly faster than in the previous

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  9. Deposits edged up in Nov but credit contraction was close to 4 pct

    EconomyMacroeconomy

    . The monthly flow reflects sight additions of 538 million more than offsetting time outflows of 122 million... data. This corresponds to a total stock of 66 billion loans that are past due for more than 90 days

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  10. Greece saw first annual deflation in almost half a century in 2013

    EconomyMacroeconomy

    of CPI change in 2013 was negative at -0.9 percent for the first time in more than 45 years, according... from the ongoing impact of the austerity measures rather than a rationalisation of the pricing

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