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  1. Tsipras tries to push snap election talk off political agenda

    PoliticsGreek Politics

    for a small contraction is in sight and tourism figures for July picking up substantially. The fact... in the coming weeks, especially with the Thessaloniki International Fair coming up in September, when he..., such as the recent dispute over the police’s stance vis-a-vis activists, opens up a sizeable ideological rift

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  2. Fitch affirms Greece’s rating at ‘CCC’

    Economy

    , and arrears build-up to last into the second quarter of 2017 without needing the tranche that would... of slippage in the previous programmes. The rating agency expects GDP to pick up in the second half (H2... would lead to a moderate pick up in deposits in H2. Thus, it expects Greek banks will continue

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  3. Mitsotakis pledges tax cuts, looks for party balance and broad appeal

    PoliticsGreek Politics

    , and Antonis Samaras before him, have been tripped up by tax cut pledges that they were not able... said that he could make savings of up to 800 million euros, although he stressed that this would... period of time and that reducing the target would free up 3 billion euros that could go towards tax

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  4. Primary cash surplus to Aug narrows to 2.4 bln, including arrears repayment of 1.6 bln

    EconomyMacroeconomy

    , the comparable primary cash surplus reached 3.98 billion, up by 913 million from last year. The primary cash... exclude the monthly arrears repayments, we end up with a figure of 492 million for August 2016. Moreover... stood at 4.08 billion, down 7.1 percent from last year. The adjusted figure edged up 2 percent

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  5. Greek government risks mauling after straying off
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    . Having held it up as a shining up example of its self-professed attempt to tackle the “triangle... in The Lion King holds up Simba for everyone in the Pride Lands to see, the government now faces... bending of the rules so the bidder with the supposed closest ties to the government could end up

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  6. Greek households continue to slash spending on goods and services

    Society

    the highest in Europe, while accommodation and housings takes up a lower share. Greek households... takes up 36.7 percent of monthly household expenditure but in Denmark only 10.7 percent. Other main... household spend go up, by 1.2 percent (from 105.76 107.06 euros). The breakdown of goods

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  7. Net job hirings of 7,788 in September; highest 9-month figure since 2001

    EconomyMacroeconomy

    The employment balance turned positive in September, with net hirings standing at 7,788, up from... employment made up 38.9 percent of hirings, which is by far the lowest reading so far this year. However...-to-date employment balance remains positive, with net hirigs of 245,605, notably up from the figure

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  8. Central government debt drops to 323.7 bln in Q3 on bond repayments
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at the end of September. Overall, FSM loans made up 69.5 percent of Greece’s central government debt... flat for yet another quarter at 14.87 billion, making up 4.6 percent of total debt. Moreover, repos... years) debt made up more than 80 percent of total, while short-term (up to 1 year) and medium-term (1

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  9. Job departures at 37,667 in Nov, 11-month net hirings highest since 2001
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    departures, of which around two thirds involved lay-offs. Full-time employment made up 42.6 percent... of work made up close to 6 out of 10 hirings in November. The share of males among total hirings... employment balance still remains positive, with net hirings of 125,128, up by more than 36 percent

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  10. Schaeuble presents Athens with stark reality of programme without IMF
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to the review being wrapped up quickly and without further measures. This prospect has appealed to Prime... in which one would need to come up with something new. I wouldn’t recommend this to the Greek government... mechanism set up last year. Government sources continued to refer to the IMF’s departure as possibly opening

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