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  1. Range of issues unresolved as programme talks resume in Athens

    EconomyProgramme

    are still unresolved, although progress has been made in a number of areas. The most significant steps...) market and creation of the new privatisation fund. Greece has accepted a fiscal gap of 3 percent of GDP... working years. On the contributory pension, the government has reportedly presented new lower pension

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  2. Newsletter 40 - 28/08/2015

    Newsletters

    ? Will the fragmentation of the vote mean that a grand coalition has to be considered? The first opinion... has a narrow lead over New Democracy after the gap between the two parties shrank substantially over... Syriza's lead over New Democracy has narrowed and that its coalition partner ANEL may not make

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  3. Newsletter 228 -15/11/2019

    Newsletters

    that the government has tightened up the asylum procedure with the latest legislative change, is creating closed...-hysterical coverage in the Greek media, has heaped pressure on New Democracy, which appears to have been... public dissatisfaction with their handling of migration. The government has responded by escalating its

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  4. Newsletter 279 -13/11/2020

    Newsletters

    Minister Makis Voridis, while government spokesman Stelios Petsas has been appointed Alternate..., with women still holding fewer than one in four posts. However, it is the inclusion of controversial figures from the right wing of the party which has given rise to the loudest criticism, with centre

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  5. The case for a general government balance sheet

    Agora

    will be necessary. Has any political system that the reader is aware of discussed this dynamic of the state? Has.... It is, however, also true that holding so much cash is inefficient and costly, because cash assets... with the continuation of arrears, this shows that financial administration in Greece has some way to go. High accounts

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  6. Unemployment rate falls to 23.1 pct in second quarter, lowest since Q2 2012
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    The Greek non-seasonally adjusted unemployment rate edged down to 23.1 percent in the second... on Thursday. The headline figure is the lowest Q2 rate since 2011, when the jobless rate was at 16.5... to the corresponding period last year, the jobless rate decreased by 1.5 percentage points (pp) from the Q1

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  7. Greece completes first bond issue in three years, eyes more on way out of programme
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Greece has tapped capital markets with a 5-year bond issue for the first time since 2014, raising 3... value and an offer of a new euro-denominated fixed rate note under the English law due in 2022..., we conclude that the participation rate in the bond swap reached 39.1 percent, while total cash

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  8. Greek debt: A case of learned helplessness?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    to overlook opportunities for relief or change. Over the last year, the Greek public has been... percent of GDP given that roughly a quarter of the economy has evaporated over the last five years... was offered a loan arrangement that would act as a temporary holding operation until an unprepared

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  9. After Q3 results, what next for Greek banks?

    Agora

    attracted interest from foreign investors. Their stock performance over the past three months has been... be provided by the recent ECB rate cut, which is expected to further lower their funding cost by a total 180... continued heading north mainly due to deleveraging (i.e. lower denominator), while NPL formation (the rate

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  10. Greece and troika agree 2013 primary surplus will be just 500 mln - here's why

    EconomyProgramme

    to the target. Holding back on investment has cost Greece dearly as these investments have a high... as well. So far, only 173 million euros has been spent on military procuments, which is an execution rate... of the annual figure. The revenue headline is also complemented by the fact that the state has held

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