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  1. Prior actions completed, coalition now faces up to first review and contentious reforms
    Photo by MacroPolis

    PoliticsGreek Politics

    protested en masse in Athens against these proposals, leading the government into the uncomfortable position

    6%

  2. Greek stocks surge 9 pct, up for third successive week

    Economy

    The Greek equity market headed north for the third straight week soaring by 9 percent on the back of a 5.5 percent rise last week. The improved investor sentiment was accompanied by increased trading activity also fuelled by a continued rebound in the g...

    6%

  3. Greek stocks rise 2.4 pct, up for fourth straight week

    Economy

    The Greek stock market has advanced for the fourth successive week, albeit at a slower pace of 2.4 percent, from 9 percent in the previous week, in the aftermath of the mission chiefs’ return to Athens and improving sentiment in the global markets. Foll...

    6%

  4. Unpaid taxes reach 86.3 bln, 60 pct racked up since crisis began in 2010

    EconomyMacroeconomy

    The annual report of the General Secretariat of Public Revenues (GSPR) revealed that 60 percent of the outstanding tax debt of 86.3 billion was created during the crisis years. In specific, 40.2 percent of unpaid taxes was created before 2011, 44.4 perc...

    6%

  5. 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...

    6%

  6. 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 ...

    6%

  7. 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%

  8. 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 ...

    6%

  9. 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...

    6%

  10. 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...

    6%