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  1. Does new troika visit spell fresh drama for Greece? Maybe not

    Economy

    rather than war.” What are the factors preventing the release of Greece’s next loan tranche? Greece still... to find out if the government has found a way to settle more than 500 million euros of state debts... surplus of more than 2.8 billion euros. Shortly after the draft budget was produced, European

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  2. When will Greek banks operate as credit institutions again?
    Photo by Harry van Versendaal

    Agora

    is happening at an uninterrupted pace for more than two years now. Put otherwise, since the beginning of 2011... the past three years. According to the Central Bank of Greece unit labor costs have declined by more than... on a sustainable increase of its depositor base. Recovering the loss of more than 30 per cent of customers

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  3. Newfound variety helps Greek winemakers enjoy exports boost

    Society

    . In 2012, exports reached more than 26,000 tons with a value of almost 40 million euros, making... importers of Greek goods overall, accounts for more than 40 percent of Greek strawberry exports... million euros in 2008 to 66.2 million euros last year. This improvement has been based on much more than

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  4. Greece in 2014: Where are we?
    Photo by Can Esenbel [www.mundanepleasure.com/]

    Agora

    . For example, how can the primary surplus be the standard bearer for "Grecovery" when more than 3... has widened to nearly 10 billion euros and less than half of the funds allocated for social... this rather than the much-vaunted export boost that the country's internal devaluation programme

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  5. A macroeconomic assessment of the Cypriot economy after the haircut
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    Why has the Cypriot economy faced a smaller than anticipated dip for 2013? What is the relevance... and services. The speed of this process of internal devaluation has helped facilitate a smaller than... is a temporary rather than a permanent drop in income, and because they do not consider bank deposits

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  6. The wrong prescription
    Photo by MacroPolis

    Agora

    of speculation about how targets will be met. This time the focus is on the structural rather than fiscal side... experiencing Greece rather than the inside of a hotel or meeting room will tell you it is easier to find a pharmacy than a super market or convenience store. The argument that OTC medicines need

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  7. Building activity continues to crumble, falling by 20.7 pct in Feb

    EconomyMacroeconomy

    percent respectively, more than 10 percentage points greater than the country average. Building activity... declined by 24.2 percent, which was slightly lower than the country average. Attica’s share of total... that is three times higher than the GDP contraction over the same period. The evolution of housing loans

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  8. Greece stuck in the long tunnel of political transition
    Photo by MacroPolis

    Agora

    alliance took just over 8 percent of the vote. It was slightly more than expected but PASOK still attracted about 300,000 voters fewer than it did in the national elections of June 2012. This, along... about SYRIZA dragging Greece back to the dark ages rather than about the government pulling the country

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  9. Long-term jobless rate of 71 pct poses new set of social challenges for Greece

    Society

    -term unemployed, which is those who have been out of work for more than 12 months. Long-term... of Greeks without a job for more than a year ranged between 48 and 55 percent since Greece joined the euro... than a year. This represents over 71 percent of all those without work. Extensive research has

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  10. GSEE report stresses risks on employment and the pension system, outlines burden on wages

    Society

    firms are setting their prices following those of the competition rather than adjusting them... in Greece reached 21,930 euros, lower than that in Slovenia (24,472) and Cyprus (22,740... wages correspond to two thirds of the average of the 15 most advanced EU countries, stand lower than

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