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  1. Out-of-court workout holds promise for firms in debt
    Photo by Joe Gratz via Flickr https://flic.kr/p/bkUna

    Legal

    (EGDIX), via the dedicated electronic platform hosted on EGDIX’s official site. Following... payments etc). It is worth noting that, from the date of the coordinator’s invitation... for four months. Moreover, the law provides the possibility (not the obligation) of the agreement’s

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  2. Primary cash surplus falls to 276 mln surplus at end of August amid revenue decline
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government primary cash balance came to a surplus of 276 million euros... of Greece (BoG) data revealed on Monday. The BoG notes that this year’s figure includes arrears... previously, this year’s figure includes a one-off item of around 2 billion euros related to National

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

    PoliticsGreek Politics

    so the prime minister’s office can check on the progress being made. Although Finance Ministry..., Tsipras wants to stick to the government’s original target of completing the process before... Friday’s Eurogroup. They stressed the importance of completing the review this year and urged Athens

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  4. Athens wants to keep Ankara lines open despite EU reservations, S-400 deal
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    Kotzias’s visit to Turkey on October 24. The Greek foreign minister is currently in New York attending... meeting meet with his Greek counterpart several times. Tsipras's latest statements regarding Turkey’s... for the foreign ministers' meeting. Kotzias’s trip to Turkey, however, comes at a time when the Cyprus

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  5. Clean exit under discussion but course of third review holds key
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    Dimitris Tzanakopoulos reiterated the government’s desire to make a clean exit next year. This has been the coalition’s public position for the last few months and was repeated by Prime Minister... institutions after Friday’s Eurogroup. Interestingly, though, European Commission Vice President Valdis

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  6. Tsipras tries to weather Kammenos storm, looks for poll boost
    Photo by Fosphotos Pool

    PoliticsGreek Politics

    Kammenos, after Parliament voted on Monday not to launch an inquiry into the latter’s actions. New... decided that it will not allow any chinks in the coalition’s armour to appear despite concerns among some in the party about the ANEL leader’s behaviour. New Democracy leader Kyriakos Mitsotakis highlighted

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  7. Mitsotakis targets working class votes, centre-left struggles with leadership race
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and using part of this year’s fiscal overperformance to provide money to struggling households... Greeks on Wednesday, in a statement issued to mark his party’s 43rd anniversary. “I am directing my... of the previous years.” SYRIZA’s response on Thursday was to accuse Mitsotakis of wanting to erode workers

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  8. Net job hirings of 17,128 in September after brief dip
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    as hirings outpaced departures, data from the Labour Ministry’s Ergani information system revealed.... Compared to last September, when a positive hirings balance of 7,788 was recorded, this year’s figure has... by 20,266 from last year’s figure of 245,605. This year’s number is the highest reading since 2001 when

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  9. New overdue tax obligations at 1.07 bln in August, total at 98.23 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt rose to 1.07 billion euros in August, declining from July’s figure of 2... at 8.99 billion. Just over three quarters of this year’s total (6.66 billion) relates to tax categories... in August, representing a negligible increase from July’s figure.

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  10. Greek population among highest for poverty risk, Eurostat survey shows
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    Eurostat’s annual at-risk-of-poverty data updated for 2016 on the occasion of the the International..., the third highest among EU countries after Romania (38.8 percent) and Bulgaria (40.4 percent). Greece’s... to the EU, one of the Europe 2020 initiative’s targets is to reduce poverty by “lifting at least 20

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