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  1. SYRIZA to suggest switch to proportional representation, schedules congress for Oct
    Photo by MacroPolis

    PoliticsGreek Politics

    A meeting of SYRIZA’s central committee over the weekend resulted in the party agreeing to hold its congress in mid-October, substantially later than initially scheduled. Originally, the gathering... of the republic to be elected by the people rather than Parliament. The Public Issue poll found

    3%

  2. Retail sales down 3.9 pct in April for eleventh successive month

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell by 3.9 percent in April marginally slower than the revised 4 percent drop in March, Hellenic Statistical Agency (ELSTAT) figures displayed on Thursday... respectively in April after rebounding by more than 2.5 percent each in March. Over the last six

    3%

  3. Greek stocks rebound 1.9 pct during week but fail to match European markets
    Photo via www.helex.com

    Economy

    . However, the domestic market performed worse than the main European markets, which almost erased... percent this week following a fall of 17.9 percent last week. The have lost more than 37 percent

    3%

  4. Tsakalotos confident on meeting fiscal targets, sees capital controls being gradually relaxed

    EconomyProgramme

    programme review would be easier than the previous one since the bulk of the required fiscal measures has... that was approved at the end of last year is much stricter than before in order to enhance their transparency

    3%

  5. Coalition tweaks draft electoral law in hope of clinching supermajority
    Photo by MacroPolis

    PoliticsGreek Politics

    the 3 percent threshold remaining in place. If the coalition can get more than 200 votes... if this article receives a simple rather than super majority. Constitutional experts had already indicated

    3%

  6. Car sales fall 2.5 pct in June after impressive growth in preceding two months
    Photo by MacroPolis

    EconomyMacroeconomy

    accounting for more than 85 percent of new road motor cars. Despite the negative growth rate in June... pointing out that around 59 percent of road motor cars and more than 64 percent of passenger cars

    3%

  7. Stournaras eyes easing of capital controls, updates on loan quality and NPL reduction targets

    EconomyMacroeconomy

    and approve the banks’ strategies for NPE reduction include: 1) Long- rather than short- term sustainable solutions 2) Coordinated deals of common borrowers with overdue loans in more than one bank 3

    3%

  8. Siemens trial hitch ratchets up tension between coalition and judiciary
    Photo by Joe Gratz via Flickr https://flic.kr/p/bkUna

    PoliticsGreek Politics

    , including the list of charges, so they could be handed to the non-Greek defendants among more than 60 people... on more than one occasion and the latest spat means that this will be an issue that deserves

    3%

  9. Coalition and opposition make proposal and counter-proposal in build-up to electoral law vote
    Photo by MacroPolis

    PoliticsGreek Politics

    the supermajority of 200 votes in Parliament that would mean it could apply immediately rather than after... completely, but rather than 50 seats for it to be based on the party’s share of the vote. The centrists

    3%

  10. ELSTAT publishes data on bankruptcies since 2004, showing deterioration during crisis

    Economy

    in 2010-2014, 2.2 times higher than the respective figure in 2004-2009. Moreover, the average... in 2010-14, 1.8 times higher than the average figure in the preceding years. In 2014 in particular

    3%