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  1. Greek coalition reaches milestones but PASOK looking increasingly weary

    PoliticsGreek Politics

    The Greek government has passed some significant milestones this week but fresh turmoil in PASOK... to the government’s stability has emerged. Sunday’s vote resulted in three coalition MPs failing to fully... to call snap elections. Beyond highlighting how fragile the government’s majority has become since

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  2. Eurobank gears up for crucial but contentious capital increase

    EconomyBanking

    a share capital increase that will ensure its capital adequacy but which has many opponents due to the controversial nature of the method that has been chosen. An Extraordinary General Meeting (EGM... in the Parliament on March 30. The new framework, however, has met with considerable criticism. Apart

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  3. New Democracy and SYRIZA neck and neck for EP vote but PASOK adrift
    Photo by MacroPolis

    PoliticsGreek Politics

    for the lead but with PASOK struggling. As has been the case for several weeks, none of the regular surveys indicate that any party has been able to build an irreversible lead over the other. The apparent closeness of the race has led to the often fierce public exchanges between the New Democracy and SYRIZA

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  4. PASOK stakes coalition survival on voters’ fear of uncertainty
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    -May 25 fallout, PASOK has gambled on Greeks’ uncertainty about the future by warning that a poor... Venizelos attempted on Tuesday to up the stakes for the May 25 poll. SYRIZA has already called... in the longer run. Faced with these consequences, Venizelos has decided to play on the stability vs

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  5. Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter

    EconomyMacroeconomy

    by 63.4 and 66.2 percent respectively. The index of apartment prices peaked at 102.2 in Q3 2008 and has been heading south since then. It has seen a cumulative drop of 34.7 percent. The decline... on property, which has been paid through the electricity bills since autumn 2011 and has raised annual

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  6. PASOK's future hangs in balance as Greece prepares for EU vote
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    and Venizelos. The deputy prime minister has already indicated that a disappointing result would prompt... parties or becoming a government of national emergency seems far-fetched. Democratic Left (DIMAR) has... European vote, has no political incentive to join forces with New Democracy and PASOK. The only option

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  7. New obstacle for privatisations as court blocks sale of water firm

    Economy

    Greece’s highest administrative court has blocked the sale of the Athens water company, raising new... Asset Development Fund (HRADF) was blocked. EYDAP has the exclusive right to provide water... has the responsibility to care for the health of citizens and guarantee the right to health

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  8. Election results in Greece lift uncertainty, for now
    Photo by MacroPolis

    Agora

    elections in the country’s political scene has been relative, but the stakes for these elections had... performance of Elia has also raised eyebrows. Already, ex PASOK MPs who had departed the party expressed... elections, before the moment arrives to elect a new president of the republic in early 2015, has

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  9. Greece gets new finance minister but old guard dominates cabinet reshuffle
    Photo by MacroPolis

    PoliticsGreek Politics

    tranche of 1 billion euros as it has not yet completed its “prior actions.” Beyond the Finance Ministry... reshuffle) remained at the Administrative Reform Ministry, where he has the task of managing changes... in the Papademos government, will take over at the Health Ministry from Adonis Georgiadis. This has proved

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  10. Long-term jobless rate of 71 pct poses new set of social challenges for Greece

    Society

    unemployment is nothing new in Greece, which has had a long standing problem with this issue. The rate..., long-term unemployment has morphed into the most devastating factor in Greece’s labour market... than a year. This represents over 71 percent of all those without work. Extensive research has

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