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  1. Public admin shrinks by 11 pct during crisis, share of employment stays below EU average
    Photo by MacroPolis

    Society

    is proportionally more than the total employment decline. Among the nine countries that saw an increase..., followed by the UK and France, which had declines of more than 10 percent. In the same period, 19

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  2. How Greek banks can balance on the collateral tightrope
    Photo by MacroPolis

    Agora

    state. From December to March, Greece saw private sector deposit outflows of 26.8 billion. It seems... (less than 60 days past due) and GGBs. These haircuts are not publicly disclosed. The breakdown of ELA... the system at a higher pace, than the government would be left with hardly any time to conclude

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  3. Newsletter 32 - 26/06/2015

    Newsletters

    it has been since December 2012. ELA reached a total of 77.58 billion euros at the end of May. May saw... that the lenders would back down at the last minute, giving Tsipras a deal that would be better than... the institutions (led by the International Monetary Fund) rejected more than half of nearly 8 billion

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  4. Newsletter 33 - 03/07/2015

    Newsletters

    , the average deposit balance stands at less than 1,500 euros, half of Bank of Greece data shows the value... that their activities were either subdued or suspended for the bank holiday period. Supermarkets saw a large number... the first instalment of the personal income and property tax (ENFIA). More than 40 percent of tax

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  5. Newsletter 42 - 11/09/2015

    Newsletters

    than SYRIZA and, in an effort to prove it, Meimarakis has spent the last few days insisting that he.... The June headline figure is the second lowest reading this year. The non-seasonally adjusted figure saw... of European observers. He may appear to be a safer pair of hands than Tsipras. But questions

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  6. New Democracy heads for leadership vote as opposition ponders poll result
    Photo by MacroPolis

    PoliticsGreek Politics

    to bounce back from a disappointing showing in Sunday’s elections. The party saw its share of the vote... considers that more than 152,000 Greeks voted for Papandreou’s party in January and another 30,000... in Januray, shedding more than 150,000 votes in the process. Potami leader Stavros Theodorakis, who

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  7. Greece stands on fault line between vicious and virtuous cycles for 2016

    Agora

    Tsipras himself, that Greece would pay pensions and salaries rather than the IMF if it was forced... dropped to a mere 77 million as more than 2.5 billion had been sapped in the previous twelve months.... After a year during which Greece nearly saw it all, it could use some dull moments to get back

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  8. SYRIZA's long, slow march
    Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]

    Agora

    accepted that our influence on the long-term dynamics is going to be slower than expected,” he told..., the leftist party saw itself in the vanguard of the backlash against austerity in the eurozone..., will be loath to accept anything more drastic than what it has proposed. At last week’s Eurogroup, though

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  9. EC sees resilience in Greek economy, urges additional measures in 2016 and 2017
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    Economy

    and contraction of 0.7 percent in 2016. The previous EC estimates last November saw a recession of 1.4 percent in 2015 and 1.3 percent in 2016. The EC noted that the recession in 2015 was less severe than initially expected, mainly on the back of stronger-than-expected private consumption and faster decline

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  10. Refugees crisis grows in Greece as EU-Turkey deal hangs in balance
    Photo by MacroPolis

    PoliticsForeign Policy

    CDU party, which saw the anti-immigration AFD increase its share of the vote, have any impact... than 44,000 refugees in Greece. Of those, more than 12,000 were in Idomeni, where conditions have

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