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  1. Kammenos calls for lynching of mayor but ends up boxing himself into a corner

    PoliticsGreek Politics

    , which took place when he did not realise he was being filmed, has the potential to be politically damaging. It has led to a prosecutor launching an investigation into whether Kammenos could be tried... being forced out of New Democracy. It has a rudimentary anti-bailout, nationalist platform

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  2. In clearest statement yet, Tsipras says he'd keep euro
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    SYRIZA leader Alexis Tsipras has attempted to clear up any doubts – at least outside of the country..., Tsipras has to keep these party members on board as well. Given this delicate balancing act, Tsipras's... that the profits the European Central Bank has made from buying Greek bonds on the secondary market

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  3. Final act in ERT closure carries significant risk for coalition

    PoliticsGreek Politics

    . It is the latest chapter in a story fraught with dangers for the coalition. The closure of ERT has... was also condemned by opposition parties. Public support for the shutdown has not been particularly... Safioleas (@stratosathens) November 7, 2013 Nevertheless, the government has banked on the fact

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

    Agora

    into the troika program there is very little evidence that one of these key objectives has actually been... where the euro has to appreciate from its current levels by circa 33 percent before it starts... on this indisputable fact. It recently became evident that Germany has no intention of covering even part

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  5. Support finely balanced as coalition enters make or break December

    PoliticsGreek Politics

    destiny and that it has achieved an understanding with the Greece’s lenders. The deadlock also.... Moreover, the failure to conclude talks so far has left open a number of key questions. These include how... to adopt. Beyond that, the coalition has to pass through Parliament a new property tax to apply next year

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  6. Budget passed but troika accord still some way off for Greece

    PoliticsGreek Politics

    stable at 6.10-6.15 billion for 2013 and 2014. - The target for privatisation revenues in 2014 has... Chrysoloras reports that the troika has become increasingly concerned about the declining pace... billion euros. In the ensuing days, the coalition has to arrive at a formula for lifting

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  7. Greek GDP shrinks 3 pct in Q3, on course to contract by 4 pct in 2013
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    in the first nine months of the year. Greece has experienced negative growth since the third quarter of 2008 but the contraction has been slowing for the last year. This year's Q3 was the fourth... period on mid single-digit rise in exports and drop in imports. Similarly to the way GDP has evolved

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  8. Greece could still leave euro, says Simitis, PM who engineered entry
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    and will not be limited to 124 percent of GDP by 2020,” writes the former PASOK leader. Simitis notes that Greece has... of this package has contributed to the collapse of the Greek economy, which has shrunk by almost a quarter... are trying to get across. Recently, Simitis has backed a new centre left movement that seeks

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  9. On Portugal, PSI and a national salvation pact

    Agora

    a primary budget surplus of 4.3% of GDP. Portugal has had a negative primary budget balance for over... and complete market access has been restored, including an issuance calendar, high issuance volume.... The ECB has been incredibly accommodative already with Portugal, whether one looks at Portugal’s Target2

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  10. Building activity up by 36.2 pct in Nov as rebound continues

    EconomyMacroeconomy

    percent since its peak in August 2010. The rate of contraction in housing loans has been hovering.... At the same time, the housing non-performing loan ratio has more than tripled to 24 percent at the end of June.... A positive sentiment for the wider construction sector has recently emerged from the revamping

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