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  1. PASOK launches attempt to form alliance that would rival SYRIZA
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    leader be elected by grassroots supporters, i.e. members that will sign up with the new entity... set up by former Prime Minister George Papandreou as well as other, even smaller, centre-left groups... party in the process. This development also opens up the possibility that if the process Genimmata

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  2. Athens wrestles with timing of market return, aiming for maximum impact
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    moved Greece up a notch from ‘Caa3’ to ‘Caa2’. Standard and Poor’s is due to publish its next... in the build-up to the exit from the programme next August, particularly as the International Monetary Fund’s... out that if market access is rushed, yields will go up after the first trial issue and undermine

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  3. Net job hirings reach 40,599 in six-month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    seen in February of this year. The share of males among total hirings edged up to 55.5 percent... and tutoring colleges. The aggregate figures for the six-month period indicated net hirings of 255,903, up... (48.3 percent). Part-time and shift work make up 38.1 and 13.7 percent of the total six-month

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  4. Bond issue mulled amid pressure from judiciary clash, Varoufakis claims
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in the Noor 1 drug smuggling case. Parliament was due to debate on Friday whether to set up... into the alternative plans drawn up by the SYRIZA-led government in the first half of 2015. This has been... in the autumn and some extracts have been picked up on by the local media. Although Varoufakis does

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  5. Overdue social security contributions increase 827 mln to 23.3 bln at end of Q2

    EconomyMacroeconomy

    at the end of the second quarter (Q2) of 2017, up from 22.49 billion at the end of the previous... of overdue SSCs in up to 100 installments. Collection The collection of contributions remained above... increased by 13.9 percent. It is noted that revenue collection in 2016 stood at 820.2 million, up

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  6. New overdue tax obligations reach 727 mln in June, total at 95.6 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt rose by 727 million euros in June, up slightly from 717 million euros in May... categories rose by 692 million in June, picking up pace from the figure of 599 million in May... at entailing revenues of 28.1 million. Authorities are stepping up confiscations of deposits, wages

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  7. Budget primary surplus at 3.05 bln in 7-month, above target on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 2017, up by 12.4 percent from last year’s figure of 2.72 billion, the Finance Ministry (MoF... in the seven-month period edged up slightly to 968 million from 55 million for the same period last... the target. PIB PIB revenue rebounded after three consecutive weak months, standing at 228 million, up

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  8. Budget primary surplus at 3.55 bln in 8-month, below target on lower revenues, higher tax refunds
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (MoF) preliminary budget execution bulletin showed on Thursday. The eight-month primary surplus up... in the eight-month period edged up slightly to 970 million from 58 million for the same period last year... by 60 million. Meanwhile, interest payments edged up slightly by 0.3 percent to 4.82 billion

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  9. Tsipras urges swift conclusion of review but doubts linger
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the year, which is when the institutions would also like to wrap up matters. Tsipras chaired... to speed up the prior actions. The government is encouraged by the fact that most... that will be taken up. However, the coalition is also aware that it will be more complicated to satisfy some

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  10. An unsettling role-reversal for Greece and Germany
    Photo by Andrea Bonetti/Fosphotos

    Agora

    , there was a noticeable rise in August and September. Nearly 3,600 people arrived in August (slightly up on last year... will have very little leeway to take Macron up on his proposals regarding the eurozone, although... there live up to their pledges, completing the disconcerting role-reversal that is unfolding. Nick

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