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  1. Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    to private sector. Against the expectations, the rating path would be put at risk if the Greek government... creditors that would put the euro area's support and commitment for further debt relief in question...-sufficiency and market-based funding”. This clean exit will be supported by the cash buffer the Finance

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  2. Are hirings in the public sector out of control?
    Photo by MacroPolis

    EconomyFeatures

    hiring spree as charged by the opposition? Or, to put it in less adversarial terms, what is driving.... The actual number of hires by the end of the year was 7,063, which would put it marginally below the cap... for self-funding functions (for example functions funded by municipal taxes). His conviction

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  3. Newsletter 266 -18/09/2020

    Newsletters

    to express concern about the pressure being put on the national health system. The prime minister’s... the issues which Athens had traditionally put on the negotiating table – maritime zones, continental shelf... are kept below 15 pct of GDP. The central banker also highlighted the significance of EU funding over

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  4. PM urges ministers to heed local vote warnings as opposition looks ahead

    PoliticsGreek Politics

    . The PM will be keen to ensure that this sense of malaise does not set in as it will put his government... on Sunday, the results have put the spotlight on the two main opposition parties, SYRIZA and PASOK... or regions would miss out on funding if they did not elected officials supported by the ruling party

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  5. From soup kitchens to school meals, demand for welfare in Athens is surging
    Photo by Harry van Versendaal

    Society

    1,400 people a day but the worrying finding from the survey is that 41 percent of those attending...The City of Athens has conducted the first ever survey of people using its welfare services, including soup kitchens, and the findings of its report provide further cause for concern about the social

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  6. Greece sizes up task of restructuring corporate debt

    Economy

    for Greece have better prospects although there is a general lack of investment activity. Another finding...The Bank of Greece (BoG) released on Friday the findings of a recent workshop in which representatives from the Finance Ministry, the EU, banks, corporates, international experts and consulting firms

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  7. Lowest income groups in Greece saw wages drop and taxes rise most during crisis

    Society

    a political polarization and even extreme political affiliations”. Another finding is that in Greece.... Among its main findings is that while wage-related income per household fell on average by 10.9

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  8. Greek employers struggling to fill positions with right people

    Society

    in finding the right candidate for the job, with two in five saying this was an impediment to recruiting... shortages are not having any impact on client-facing activity. Commenting on the findings, Manpower’s

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  9. IMF’s independent evaluation office identifies mistakes and challenges in Greece’s first programme
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    key finding for the Greek programme relates to the overly optimistic growth projections incorporated...The IMF published on Thursday afternoon a report on the key findings and lessons from the IMF’s engagement in the Irish and Portuguese programmes and the first Greek programme. The report, by the IMF

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  10. Greece lags in basic skills for youth but improves in educational attainment
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    conditions, Greek ICT companies are having difficulty finding people with the right digital skills... the findings of a recent OECD survey that found a worryingly low level of achievement in problem

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