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  1. Greek unemployment falls for seventh straight month, down to 25.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    by 740,000, which is 2.5 times higher than five years ago. The NSA figures showed a slower growth..., implying a drop by more than 7 pp YoY. However, it remains at extremely high levels, almost double... group remained stable YoY at 16 percent, almost 3.5 times higher than the 2009 figure. The breakdown

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  2. To Potami aims for rapid rise to third spot in Greek elections
    Photo by MacroPolis

    PoliticsGreek Politics

    , though, it also attempts to present a more caring, less elitist face than the previous failed... suffered from the extreme polarisation of the second elections, which saw centrist and liberal voters... media coverage than other smaller parties. Drasi always found it difficult to convince voters

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  3. Newsletter 17 - 27/02/2015

    Newsletters

    of a rebellion from his MPs. It is unlikely that more than a handful would oppose the government... SYRIZA’s pledge to show greater respect for Parliament and the democratic process than previous... business investment. Additional potential factors of uncertainty involve lower than expected growth

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  4. Most Greek businesses feel capital controls impact, 69 pct see turnover drop

    Economy

    stating they saw a drop in turnover, with 18 percent indicating a nosedive above 50 percent and 51 percent a decline by less than 50 percent. Just 4 percent of companies displayed a rise in their turnover... of the surveyed firms said they estimate capital controls will remain intact for more than 3 month

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  5. Refugee crisis poses multiple political challenges for Tsipras

    PoliticsForeign Policy

    the presence of immigration-related problems in the city centre (more than 400 people, mostly from... and described the conditions he saw as “appalling.” #asylum seekers, appalling reception conditions. Somewhere... total of 224,000). This represents a rise of more than 750 percent on the figures for the same period

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  6. Early gains in Greek stocks cancelled out in second half of week

    Economy

    percent in the previous week, which saw the first trading after the imposition of capital controls... is becoming unsustainable. Banks rebounded 7.3 percent this week after a nosedive by more than 58 percent last week. The improved performance is mostly perceived as a technical reaction rather than

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  7. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    to be voted on December 5. Macro assumptions Following the better than expected preliminary GDP figures... government forecasts for 2015 are much better than the latest European Commission (EC) and the OECD estimates released in early November, which saw a GDP contraction of 1.4 percent. For next year, the EC

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  8. Newsletter 66 - 11/03/2016

    Newsletters

    and restaurants (+2.6 percent). Housing and transport saw drops of over 4 percent. 2 One for one, none for all... rendered it a shambles. Greece was promised that more than 60,000 people would be transferred over two years but less than 900 have been relocated since last year. However, even if the relocation

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  9. Newsletter 72 - 06/05/2016

    Newsletters

    on April 19, is due to be discussed in plenary over the weekend and voted on Sunday night, earlier than.... Organised by the Public Diplomacy Council of Catalonia (Diplocat), the one-day event saw a series... and responsive than central governments, which face bureaucratic hurdles and are often hampered by political

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  10. If you think it's bleak for Greece now, wait until tomorrow
    Photo by Harry van Versendaal

    Agora

    saw growth of 1.2 percent. The equivalent for Ireland has been more than 2 percent. Since reforms... players in shaping policy in Greece recently foresees that it will take more than four decades... worse than the rest of the euro area. The combined effect of all this is that labour will contribute

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