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  1. SYRIZA targets pensions boost as New Democracy builds on poll lead
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Moscovici that the reduction to pension spending due next year may be altered or cancelled has prompted... would like to reduce the minimum wage (Mitsotakis denied this is the case). The government has... indicated that New Democracy’s lead over SYRIZA has grown over the last few months. The survey had

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  2. Draghi sets out QE obstacles facing Greece
    Photo by MacroPolis

    EconomyProgramme

    European Central Bank president Mario Draghi confirmed on Monday that Greece has little chance... have allowed the waiver to be retained and secured access to QE. Stournaras has also underlined... that the timeline might be too tight as the ECB has to conduct its own assessment of whether Greek

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  3. Eurosystem funding falls by 4.56 bln in June to 16.31 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    -on-month (MoM), the Bank of Greece's (BoG) monthly financial statement has revealed. In May, the MoM... January, when funding fell by 4.58 billion MoM. Since the start of the year, Eurosystem funding has..., ELA funding has been steadily falling, with the latest reduction coming on July 12, when the ECB

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  4. Greeks seen working longer, until July 18, to meet annual tax bill

    Society

    . KEFiM has been carrying out the survey for the last four years. The latest data as of 2017 from the Institut Economique Molinari, which has been surveying tax liberation dates across the EU since 2010... working until July 29 to cover all obligations to the state. This date has not changed for the last

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  5. Sales of HELPE, DESFA and shipyard progress while protests hamper ROSCO, PPC
    Image via www.helpe.gr

    EconomyProgramme

    in Efimerida ton Syntakton, HRDAF sources were reported as saying that a subpoena Glencore has received... for Competition (DG Comp) has cleared the privatisation of the Hellenic Gas Transmission System Operator... privatisation roadmap, since the deal has been plagued by delays, collapsed tenders and lower than

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  6. Coalition focuses on relief effort after fires as Mitsotakis holds back on criticism
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the current government. “The Greek state has been unable over time to effectively protect the lives... will be that SYRIZA has failed to make any discernible difference to the running of the country... that they would bring a new ethos to the business of governing. However, the coalition has been

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  7. Coalition's attempt to defend handling of fatal blaze fails to stem criticism

    PoliticsGreek Politics

    (and the emergency service chiefs it has appointed) from any responsibility for the death and destruction inflicted... briefing as a “show” aimed at shirking the government’s responsibility. “Greece has again come face... has increased the pressure on the government, especially with regard some public acceptance

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  8. IMF voices concerns over long-term debt, sees more relief being needed
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    14 billion euros are rolled over smoothly. However, the IMF has reservations whether the debt deal is sufficient to ensure market access in the longer-term. Greece has achieved the recent high primary... relief has considerable credibility given the level of financing and support that the eurozone has

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  9. Unemployment in Greece falls to 19.5 pct in May, below 20 pct for first time since Sept 2011
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that the unemployment has dropped below the 20 percent mark since September 2011 when it stood at 19.2..., which is the first time that the figure has exceeded 3.8 million since February 2012... to April. Against the same month last year, the number of unemployed has fallen sharply by 113,718

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  10. Retail turnover in June grows strongly led by fuel and supermarket sales
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    has remained positive for five months in the first half of the year with February the only negative... down 4.2 percent growth in May. As with the sales index, February has been the only month this year... has remained positive throughout the year, having improved by 20.1 points year to date, reaching

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