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  1. Retail sales down by 3.8 pct in Jan for eighth straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    has posted only one positive reading, of 2.4 percent in May 2015, over the last 15 months. Retail.... Retail turnover has been reduced by almost one third since 2009 largely reflecting a similar drop... since 2009 has been posted in books, stationery and other goods (-16.3 percent), automotive fuel (-20.4

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  2. Unease mounts as Greece prepares to implement EU-Turkey refugee deal
    Photo by MacroPolis

    PoliticsForeign Policy

    . The government has so far tried to maintain a minimal police presence at camps and hot spots but is currently... as the prospect that migrants will react angrily to being forced onto ships headed for Turkey, has led to the Greek police drafting in more personnel on the islands and at Idomeni. There has also been

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  3. Athens in quandary over IMF as Fund's role in bailout is firmed up

    PoliticsGreek Politics

    the Fund has not changed and that it has to be involved in the talks. Where there was a difference... with the IMF's position, so the New Democracy leader will attempt to show that he has different ideas about

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  4. Youth wing scrap prefaces test for Mitsotakis at ND congress

    PoliticsGreek Politics

    has not been ideal as the conservative chief found himself having to deal with problems in the party..., the weekend’s events give him a stronger licence to proceed with this project. However, ONNED has... structure. Nevertheless, Mitsotakis has shown a determination so far to stamp his authority

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  5. Greek-Turkish relations back in focus amid overflights and NATO chief's visit
    Photo by Julius Muschalek via Flickr https://flic.kr/p/nUSmM5

    PoliticsForeign Policy

    . The Greek Foreign Ministry has grown increasingly concerned by the air space violations. Greek diplomats... Ankara has rejected any alliance operation, but also in territorial waters. Ministries split Defence... moderate. Tsipras is no stranger to having to deal with Kammenos’s more aggressive line, which has

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  6. Demand for hospitals' reserves raises concerns about govt's liquidity position

    Economy

    to consumption and non-allocated expenditure, social protection and grants to hospitals. Greece has paid.... Greece has to repay on July 20 2.31 billion euros in bonds held by the ECB. The practice that has been

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  7. Substantial ground for Greece and lenders to cover before May 9 Eurogroup
    Photo by Can Esenbel [www.mundanepleasure.com]

    PoliticsGreek Politics

    to support the basic package of 3 percent of GDP in austerity measures. This has led to Athens... April. According to a report in To Vima, Finance Minister Euclid Tsakalotos has proposed that these cuts... ahead until the Eurogroup on May 9. The Greek side has not ruled out the possibility of a high

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  8. Greek effort to heal rift with Balkan neighbours may have come too late
    Photo via www.mga.gr

    PoliticsForeign Policy

    the diplomatic initiative earlier. Apart from FYROM’s border closure, Bulgaria has also strengthened the police and army presence on its frontiers and has sent a clear message that it will not allow a migrant “corridor” to central and northern Europe to pass through its territory. Albania, meanwhile, has

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  9. A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors

    EconomyProgramme

    to the first two pillars. The detailing of the indirect tax measures has not been officially disclosed... an additional tax burden of 200 euros. The government has reportedly amended its initial proposal... are strongly opposed to the reform, while the General Confederation of Greek Workers (GSEE) has

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  10. Davutoglu departure prompts concern about Turkish unpredictability in Athens
    Photo via @NatashaBertaud

    PoliticsForeign Policy

    the danger of a major incident in the Aegean, arguing that Turkey has used such events during periods... conducts the so-called "exploratory" talks with Greece and has enjoyed Erdogan’s confidence for many.... Davutoglu has been a major factor in Turkey’s positive stance when the Annan Plan for Cyprus

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