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  1. The Cyprus conundrum
    Photo by MacroPolis

    Agora

    of the Cyprus issue. For the Greek Cypriots, the Cyprus problem was caused by Turkey’s military intervention... Republic of Cyprus. In that sense, the position of the Greek government to abolish this system of guarantees is, to a certain extent, understandable. If the Greek government, however, insists on its

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  2. IMF sets out its stall as review deliberations resume in Athens
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    , the IMF sent a very strong message regarding the Greek programme on Monday evening. In a blog post... been largely reduced. Instead of addressing effectively both (tax and pension) issues, the Greek..., noting that regardless of the amount of structural reforms, Greek debt cannot become sustainable

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  3. Greeks deeply affected by crisis and least satisfied with life, EBRD study finds
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    The overwhelming majority of Greek households report that they were affected by the economic crisis... of the bank’s Life in Transition survey, said that 92 per cent of Greek households claim to have been... of Greek respondents, respectively, believe that the economic and political situation

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  4. Schaeuble presents Athens with stark reality of programme without IMF
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The Greek government was still pondering the implications of Wolfgang Schaeuble’s comments... the implications of the IMF’s absence from the Greek programme could mean. In an interview with the Wall Street Journal published on Monday, Schaeuble returned to the subject and left the Greek government

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  5. Greece worst of 36 countries for patient rights in healthcare
    By Natasha Pantazopoulou/Fosphotos

    Society

    Greek, along with Montenegrin, patients have the lowest level of patient rights and access... and are standard in all Nordic countries. Overall, the Greek system ranks 28th out of 36th in the 2016... addresses access to new drugs as well as antibiotics use. The Greek health service is also fourth worst

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  6. Stocks fall for fifth straight week, edging down 0.8 pct

    Economy

    The Greek equity market continued heading south this week, remaining weak until Thursday amid... the significant challenges that the Greek economy faces as well as the highly unsustainable nature of Greek debt. However, the market rebounded on Friday in the wake of reports of a meeting between Greek

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  7. PPC: The struggling electricity giant dominating bailout talks
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyFeatures

    One of the biggest stumbling blocks in the way of the Greek government and the institutions... Commission (EC) decision in 2008, which makes it obligatory for the Greek state to launch public... this decision. At the end of February, the total capacity in the Greek electricity market stood

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  8. Differences over pension cuts stand in way of technical agreement
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Officially, the Greek government is still holding out hope that it will reach an agreement... agreement (SLA) to be wrapped up. The latest snag in the talks appears to have been created by the Greek... reform in return for this concession from the Greek government. However, Tsakalotos’s letter put

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  9. Greece sees highest tax wedge increase among OECD countries in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    higher than the OECD average figure, which edged down 0.1 pp to 36 percent. The deviation of the Greek... married couple with two children, where the Greek figure stood at 38.3 percent in 2016. This was almost 12.... It is noted though that the Greek figure peaked at 43.2 percent in 2011. It has declined by 3 pp since

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  10. IMF Spring Meetings seen as next waypoint in completion of review
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    a staff-level agreement (SLA). This would lead to the prior actions that the Greek government has... if it is satisfied enough to return to the Greek programme with funding and the European Central Bank could decide whether Greek bonds are eligible for its QE programme. Athens believes that the SLA can

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