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  1. Greece takes on EU presidency and some significant challenges with it
    Photo courtesy of http://gr2014.eu/

    PoliticsGreek Politics

    of this year’s fiscal gap. Then there are European Parliament and local elections to come in May. The domestic... to Athens is developing the EU’s maritime policy. In his New Year’s message Foreign Minister Evangelos

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  2. Unemployment hit new high of 27.8 pct in October, set to rise further

    EconomyMacroeconomy

    2009. For 25-34 year olds it stands at 37.8 percent from 13; for 35-44 at 23.8 percent from 8.3; 20.3 percent for the 45-54 age group and 16.6 percent for the 55-64 year olds. Youth unemployment

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  3. Fraud probe at Hellenic Postbank a sign of bigger things to come?

    PoliticsGreek Politics

    year, though, there has been some progress in making political, public and business figures accountable... a relatively turbulent period since it was formed in 2010. In March last year, Paul Koster stepped down from

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  4. Building activity posts first rise in 20 months but overall picture grim

    EconomyMacroeconomy

    Greek building activity (as measured by the number of building permits) rose by 4.1 percent year-on-year (yoy) in October for the first time since February 2012, according to the Hellenic Statistical Authority (ELSTAT). The respective surface area number recorded a modest 1 percent increase, while

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

    PoliticsGreek Politics

    at 340 billion euros or 174.8 percent of GDP at the end of this year, can be considered "odious... per year to service it," he said. "This must come from budget surpluses and privatisations. It is our

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  6. Despite pledges, Greeks uncertain and feel recovery will take years
    Photo by Harry van Versendaal

    Society

    Much of the government’s strategy for political survival and for retaining support for the fiscal adjustment programme relies on Greeks beginning to feel from this year that their country is turning... this year, the first increase in national output since 2008. The Greek public, though, has heard promises

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  7. Polls turn in SYRIZA’s favour but also show that doubts persists

    PoliticsGreek Politics

    its four-year term. The weekend surveys by Metron Analysis and Alco suggest that after a long period... in 2016, when the government’s four-year term. For SYRIZA, striking a balance between voters

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  8. Greece and troika: Bailout tranche, funding gap and debt relief still pending

    PoliticsGreek Politics

    -called "tool kit" was presented by the OECD late last year. It identified 555 regulatory..., it will also clear the way for a discussion on the funding gap that lies ahead this year and in 2015

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  9. Supreme Court ruling casts doubt over property tax revenues
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    year when it was incorporated into a wider property levy. During the two years in question... of State, which last year deemed the emergency tax to be legal but said it was unconstitutional

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  10. Despite payment of some arrears, total reached 4.6 bln at end of 2013

    EconomyMacroeconomy

    billion, which distorts the gg fiscal balance for this year. Furthermore, it includes SMP income of 2.03... billion, after a drop of 1.21 billion month on month and 4.53 billion year to date. Taking into account

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