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  1. Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln
    Photo by MacroPolis

    EconomyBanking

    Eurobank posted an adjusted net profit of 598.5 million euros in H1 2023, compared to a profit of 755 million euros last year, a drop of 20.7 percent. The profit was adjusted by normalising other income, after deducting significant trading income items ...

    9%
  2. Athens looks for improving mood rather than tangible outcome from Erdogan visit
    Photo via https://www.tccb.gov.tr/en/

    PoliticsForeign Policy

    Athens sees the High-Level Cooperation Council between Greece and Turkey, due to take place this Thursday, as yet another opportunity for both sides to retain the positive mood in bilateral relations, which has existed for roughly the last 10 months. Ho...

    9%
  3. Wages index rises by 8 pct YoY in Q2, taking growth to more than 2 years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q2, rising by 8 percent year-on-year (YoY), from 7.4 percent growth in the first quarter of 2024, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The wa...

    9%
  4. Famellos aims for fresh start but existential questions dog SYRIZA
    Image: https://syriza.gr/

    PoliticsGreek Politics

    The latest conference held by SYRIZA, Greece’s fading leftist party, raised more questions than... Kasselakis in 2023. However, rather than Kasselakis, it was the ghost of Alexis Tsipras that haunted..., became vacant earlier than expected when Maria Syreggela opted to step down well ahead of the party’s

    9%
  5. Greece's labour market is austerity's biggest casualty

    Agora

    of approximately 700 million euros and for the first time in over a decade spend less than... plan to address the issue of unemployment. The construction sector saw its peak in employment... repeatedly reduced. In Germany alone, according to the Federal Employment Agency more than 123,000 Greeks

    9%
  6. Consensus, conviction and the anti-racism bill

    Agora

    of consensus and saw herself as a “conviction politician,” she may have been smiling down as the heads... disastrous showing in the 2009 general elections. Although less than four years have passed since... and elsewhere rather than to back the anti-racism law now in an effort to disperse the far right

    9%
  7. Nightmare on Democracy Street

    Agora

    to heal as the 50s and 60s saw the continued persecution of leftists, culminating in the military... from Greece’s two largest parties, New Democracy and SYRIZA, are often little more than hate-filled... groups with varying participation rather than a common, forceful expression of concern and solidarity

    9%
  8. Final act in ERT closure carries significant risk for coalition

    PoliticsGreek Politics

    that in the eyes of some Greeks, ERT was just another branch of a public sector they saw as bloated... to be to push for NERIT, rather than a pared down interim TV service, known simply as Public... to be more transparent and better managed than ERT, then there is a possibility that the impact of events

    9%
  9. Is Democratic Left set to make a shock return to Greece's coalition?
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    in Parliament but saw its presence reduced to just 154 of 300 seats when PASOK deputy Theodora Tzakri was ousted... than a three-party one. “Given the policy that was followed and our disagreement with it, but also... walked out of the administration rather than support the terms of Greece’s second bailout. DIMAR’s

    9%
  10. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    projections are higher than those incorporated in the 2014 draft budget, which saw a primary... for 2013 will be more than offset on an accrual basis with additional revenues of 1.16 billion

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