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  1. Athens sees many benefits in renewal of defence cooperation with Washington

    PoliticsForeign Policy

    notes that the International Law of the Sea is part of a common law that makes it binding for all... States may train or operate on the mainland or islands, to ensure our common defence objectives

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  2. Opposition pledges to continue pursuing OPEKEPE scandal as new evidence emerges
    Photo by MacroPolis

    PoliticsGreek Politics

    that PASOK may agree to become New Democracy’s coalition partner in the event that the conservatives... in order to outflank his internal challengers, while avoiding a binding vote.

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  3. BoG sees central gov't primary surplus to May at 1.06 bln on cash basis

    EconomyMacroeconomy

    Greece’s central government net balance to May on a cash basis showed the deficit narrowing by 74.4 percent to 1.88 billion from 7.32 billion last year, according to the Bank of Greece (BoG). The 5-month primary cash balance exhibited a similar pattern posting a surplus of 1.06 billion in 2014 from

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  4. Building activity falls 10.7 pct in June after brief rise in May

    EconomyMacroeconomy

    After a short-lived rise of 1.2 percent in May, the number of building permits issued in Greece fell by 10.7 percent in June, according to the Hellenic Statistical Authority (ELSTAT). However, the June figures for surface and volume continued heading north for the second straight month

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  5. Greek banks may soon breathe sigh of relief on capital needs
    Photo by MacroPolis

    Agora

    on the market.” Given the recent market turmoil, “relatively easily” may refer to the amount

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  6. New prior actions may prove obstacle as Athens talks intensify
    Photo by MacroPolis

    PoliticsGreek Politics

    time may be needed for there to be an agreement. One of the key problems is whether the government

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  7. Outflows ease to 1.5 bln in July but deposits reach lowest level since May 2003

    EconomyMacroeconomy

    in more than 12 years, since May 2003. July withdrawals are fully attributed to time deductions of 7.65

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  8. Greece expects review to be completed by May 1 despite IMF objections

    EconomyProgramme

    In a non-paper released on Thursday night, the Finance Ministry provided an update on the progress made so far in the first programme review. According to the ministry, all sides agree that that an agreement should be completed by Orthodox Easter (May 1), while a document outlining the institutions

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  9. Bill for out-of-court workout ready but may need tweaks

    EconomyProgramme

    not been fully agreed with the institutions. Therefore, certain amendments may be incorporated

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  10. Industrial turnover rises by 11.4 pct in May, staying positive for fifth consecutive month
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s industrial turnover continued its positive streak this year with an increase of 11.4 percent in May after April’s figure was slightly revised down to 6.5 percent, Hellenic Statistical Authority (ELSTAT) data published on Friday showed. The latest figure means that the index has remained

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