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  1. Greece's 2014 fiscal gap suddenly appears bigger, much bigger

    Economy

    Just one week after the Greek Finance Ministry submitted to Parliament the draft budget for 2014 - which sees a primary surplus of 2.9 billion euros, or 1.6 percent of GDP – European Central Bank executive board member Joerg Asmussen appears to have put the economic plan in some doubt, while

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  2. From soup kitchens to school meals, demand for welfare in Athens is surging
    Photo by Harry van Versendaal

    Society

    per month. Six in 10 of those who attend at least one of the two soup kitchens a day are aged

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  3. Eurozone periphery condemned to low wages, demand, EC study suggests
    en_GB Photo by Harry van Versendaal

    Economy

    in the event of shocks, it places its own stability at risk as one-sided adjustment efforts could make

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  4. In clearest statement yet, Tsipras says he'd keep euro
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    in terms of expenditure) than the current one. Nevertheless, his proposals received little attention

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  5. Greek consumers take effort to lower prices into their own hands

    Society

    One of the common complaints in Greece over the past few years is that although wages and pensions have been reduced substantially, the prices of even basic goods remain high. The Organization for Economic Cooperation and Development (OECD), for instance, found recently that the same basket

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  6. Revenues at 4.77 bln in Oct, beating target for fourth straight month

    Economy

    - one of the key concerns on the revenue front. This could help the Greek government’s efforts

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  7. Greek retail sales tumbled another 6.4 pct in September

    EconomyMacroeconomy

    , according to the National Confederation of Greek Commerce, with one in four stores open in the country

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  8. Tourism turnover index slows but signs remain positive
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Turnover Index in Accommodation and Food Services rose 1.2 percent in the third quarter 2013, decelerating from the 5.2 percent posted in the second quarter, according to Hellenic Statistical Authority (ELSTAT). The improvement - one again - confirms the strong tourism season in Greece this year

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  9. Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach

    Economy

    , the one pending prior action for the disbursement of the next tranche of 1 billion euros

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  10. PASOK and DIMAR head for do-or-die moment
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    due to the fact that former Finance Minister Filippos Sachinidis was one of the deputies who signed

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