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  1. Rising clinical depression hints at hidden side of Greek crisis

    Society

    per person fell 6.7 percent in 2010 after rising an average of 5.7 percent per year between 2000... to fall to 11.7 billion euros by 2016. It was reported earlier this year that the average time to see... last year of the damaging implication of not treating mental illness promptly.

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  2. 2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct

    EconomyMacroeconomy

    with headline figures confirming recent press reports. As was broadly expected, 2014 will be another year of ambitious budget consolidation with a further cut in primary expenditure by 2.77 billion year on year (yoy) and a revenue increase of 2.55 billion yoy (both on a cash basis) to reach the MoU target

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  3. Cash deficit widens as Greece pays off state arrears

    EconomyMacroeconomy

    The central government net balance to September on a cash basis showed the deficit widening to 8.88 billion euros from 6.53 billion last year, according to the Bank of Greece (BoG). At the same time... until last year, but this year there two discrepancies stemming from: a) the inclusion of SMP income

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  4. Coalition agrees policy framework: Purpose unclear, impact doubtful
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    for their administration. However, as the accord comes more than a year after last summer’s fractious elections... this year. The ERT shutdown led to Democratic Left quitting the government and there was a feeling..., the policy framework drawn up last year by the three parties put one goal above all others: Renegotiation

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  5. No signs of credit revival in Sept., balances at 221 bln

    EconomyMacroeconomy

    Credit contraction in the Greek market remained unchanged from the previous month at 3.9 percent year on year (yoy) in September with balances reaching 221.0 billion euros, according to the Bank... and troika projections, credit expansion is expected to resume as of next year in line with GDP growth, yet

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  6. Fear and loathing in Athens: an ex-minister's take on troika reviews
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    after being nominated by Democratic Left, which quit the three-party coalition in June this year...” about Greece’s constitution when he met with troika representatives in April of this year... this year the transfer of 12,500 civil servants from their positions a “prior action” for the release

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  7. Are politicians in Greece promoting reforms or social cannibalism?
    en_GB Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    earlier this year to fire 4,000 civil servants by the end of the year and a total of 15,000 by the end of next year. As it set about deciding who these employees would be, speculation swirled

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  8. When will Greek banks operate as credit institutions again?
    Photo by Harry van Versendaal

    Agora

    their lending capacity. Secondly, the multi-year economic contraction has severely impacted on citizens... above water. On the one hand the Greek government has been successful through a multi-year austerity... million euro per year in the capital of small and medium-sized companies.[4] The Portuguese example

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  9. High school pupils see answers to crisis in protest and emigration

    Society

    in last year’s VPRC survey. Similarly, only 21 percent of those youngsters questioned said they felt confident about the future – just 2 percentage points up on last year. Only 13 percent said... and live anywhere within its borders. This percentage rose from 50 percent last year.

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

    PoliticsGreek Politics

    sackings (4,000 by the end of the year) and participation in a mobility scheme (25,000 by the end of the year). However, it is still unclear how the shutdown will weigh up as the troika is reportedly... this year. Having bitten the bullet with ERT, minimising the sackings in other areas of the public

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