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  1. Wage ruling gives gov't immediate fiscal headache, political one may come later

    PoliticsGreek Politics

    pressure from the troika. New Democracy has strong support among these groups and was concerned about... on Wednesday but will not be able to use any of this money to pay back military personnel and policemen

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  2. Newsletter 182 -9/11/2018

    Newsletters

    from Thursday onwards is seen by SYRIZA as a strong rebuttal of this criticism. On Tuesday, Tsipras... of the money, roughly 500 million euros, will be paid out to soldiers, policemen, coast guards

    6%

  3. Tear gas instead of vaccines
    Source: shutterstock.com (B7 Photography)

    Agora

    , strong police presence, mounted police, special forces on high alert, with police dogs and in special... who take to the streets en masse every Wednesday, constituting one of the most massive demonstrations... and for the government to step down. Police detained 22 protesters, six policemen and two protesters suffered minor

    6%

  4. Strong tourism season confirmed by Q2 accommodation turnover
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    The Turnover Index in Accommodation and Food Services rose by 6.7 percent in the second quarter (Q2) after a 44.9 percent increase recorded in Q1, according to Hellenic Statistical Authority (ELSTAT). Q2 figure is the third highest reading since 2006 (w...

    6%

  5. Greek trade deficit shrinks by 4.4 pct in October on back of strong exports

    EconomyMacroeconomy

    After a sharp rise by 34.2 percent in September, Greece’s trade deficit narrowed by 4.4 percent in October, according to the Hellenic Statistical Authority (ELSTAT). The absolute figures show that the October trade deficit stood at 1.77 billion after re...

    6%

  6. Strong rebound of 7.7 pct in week for Greek stocks with jump in trading activity

    Economy

    Greek shares rebounded 7.7 percent this week for the first time in the last four weeks amid a jump in trading activity triggered by the introduction of new NBG shares last Monday and indices rebalancing. The Eurogroup Working Group (EWG) tentatively app...

    6%

  7. IMF sees contraction of 0.6 pct this year before strong rebound in 2017
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    The International Monetary Fund has provided its latest macro forecasts for Greece in the World Economic Outlook (WEO) published on Tuesday. The fund expects Greece to return to growth in 2017 after contracting further this year. In particular, GDP is s...

    6%

  8. Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
    Photo via www.helex.com

    Economy

    Despite a rebound of 5.4 percent on Friday, the Greek stock market fell 5.2 percent this week amid the negative sentiment that prevailed in the global markets until Thursday largely fuelled by Brexit concerns. The European Stability Mechanism (ESM) boar...

    6%

  9. Wages index sees strong rebound of 4.6 pct in Q2

    EconomyMacroeconomy

    The seasonally adjusted (SA) Wages Index increased for the third straight quarter at a notably accelerating pace of 4.6 percent in the second quarter (Q2) of 2016 following a rise by 0.7 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures dis...

    6%

  10. Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
    Photo by MacroPolis

    EconomyMacroeconomy

    Speaking at the congress of the Association of Greek Tourism Enterprises (SETE) on Monday, the Bank of Greece (BoG) governor Yannis Stournaras repeated his belief that the domestic economic will start recovering in the second half of this year. Stournar...

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