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  1. Mitsotakis clinches big majority in second election, but small parties could complicate matters

    PoliticsGreek Politics

    to the first official projections. By contrast, main opposition party SYRIZA saw its support dwindle even... with them, will engage in the most populist and reactionary opposition possible with the aim

    14%

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

    PoliticsGreek Politics

    Kyriakos Mitsotakis called on his ministers to heed the warnings of the second round of the local elections, which saw New Democracy lose in five of the six remaining regional authority contests...” rhetoric. He advised members of his government to “engage your brain” before speaking publicly

    14%

  3. Ring of Fire

    Agora

    destructionists bearing chunks of marble and Molotov cocktails on one side and the monolithic police armed

    12%

  4. House of cards (The rise and fall of Akis Tsochatzopoulos)
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    It was the house that did for him. Former Defense Minister Akis Tsochatzopoulos succumbed to the base desire of enshrining his wealth and potency in real estate. Hubris, however, blinded him to the dangers of choosing a property within a marble fragment’s throw of the Parthenon. On some days

    12%

  5. Current account surplus at 1.21 bln in September on services balance growth
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Coöperatief U.A. by Pavlidis S.A. Marble-Granite, and the sale of a 100 percent stake in TRAINOSE

    12%

  6. Greece saw first annual deflation in almost half a century in 2013

    EconomyMacroeconomy

    The drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...

    12%

  7. April saw first rise in Greek banks' Eurosystem funding this year

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...

    12%

  8. Most Greeks saw income fall over last year, limiting purchasing power
    Photo by MacroPolis

    Society

    The results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...

    12%

  9. Increase in number of services that saw their turnover decrease in Q2

    EconomyMacroeconomy

    The evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...

    12%

  10. Almost all services in Greece saw decline in Q3

    EconomyMacroeconomy

    The evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...

    12%