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  1. OECD's Greek debt forecast shakes foundations of troika DSA

    EconomyMacroeconomy

    the troika’s DSA assumptions regarding a real GDP growth rate of 4.8 percent per year in the period

    12%

  2. Percentage of people in Greece at risk of poverty rises, tops EU list
    Photo by Harry van Versendaal

    Society

    is considered to be 5,708 euros per person or 11,986 euros for each household that has two adults

    12%

  3. Tourism turnover index slows but signs remain positive
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    percent per annum to 41 billion euros (19.6 percent of GDP) by 2023. A recent study by McKinsey

    12%

  4. For Greek families, electricity goes from given to must for survival
    Photo by Harry van Versendaal

    Society

    and businesses per month. In April this year, the company announced a new payment plan for debtors

    12%

  5. Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach

    Economy

    in unpaid taxes by more than 600 million euros per month, peaking to 930 million in November and b

    12%

  6. Bank of Greece decision bolsters Greek lenders’ capital ratios

    EconomyMacroeconomy

    should gradually reduce the DTA recognition by 10 percentage points per annum in each of the next

    12%

  7. SYRIZA gives up on "odious debt" write-off but not major debt relief
    Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    per year to service it," he said. "This must come from budget surpluses and privatisations. It is our

    12%

  8. One in two Greek households rely on pensions to make ends meet

    Society

    under 700 euros per month (around 900 euros if auxiliary pensions are added). Also, according

    12%

  9. Spain’s economic recovery languishes amid graft scandals

    Agora

    current job, moved to an IT company that pays her 350 euros per month with no hope of improving her

    12%

  10. Shortcomings in healthcare seen at forefront of austerity impact in Greece
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    of 14.5. Per capita healthcare spending was reduced by 11.1 percent between 2009 and 2011 – the largest

    12%