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  1. Travel balance up to Nov reaches 15.62 bln, arrivals down 11 pct on 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    euros. Foreign arrivals rose sharply annually, reaching 812,400 travellers, from 561,200 last year... 708.2 euros last year and 567.4 euros in 2019. In total, arrivals showed a rise of 90.3 percent

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  2. We need to talk about unemployment

    Agora

    on Wednesday, Greek Finance Minister Yannis Stournaras challenged the institution’s forecast.... Stournaras thinks the OECD will be proved wrong. There isn’t a Greek in the world who doesn’t hope he... of approximately 4.9 million, the differences between what the Greek government is predicting

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  3. Parties on edge as Golden Dawn case has potential to go either way

    PoliticsGreek Politics

    On a trip to the USA this week, Greek Prime Minister Antonis Samaras said his government... leadership formed a criminal organization – a felony under Greek law that carries a prison sentence... in the Greek justice system, although he did keep up criticism of Dendias for not acting earlier and failing

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  4. Greece trying to lay 'phantom' pensions to rest
    Photo by Harry van Versendaal

    Society

    One of the main problems the Greek state faced at the start of the crisis was putting right... out fraud and injustice, while allowing the Greek state to close a hole in its finances that should... has begun, although it promises to be a lengthy one due to the backlog of cases in Greek courts

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  5. Scars for coalition, questions for SYRIZA after confidence vote
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    , failed to provide any moments likely to shape Greek politics in the weeks to come. The discussion... unexpected decision to submit the 11th censure motion to Greek Parliament in the last 26 years than... will be searching for new or more convincing ways to dominate the political agenda and tap into Greek

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  6. Last man standing
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    Tsipras chose to submit a censure motion against the government and to talk about the Greek people... to be instructed by the Americans. In fact, Texas was mentioned more times in Greek Parliament... to explain to Greek voters that the European Union’s “fiscal compact” and “six pack” means

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  7. Stournaras in firing line for arguing Greeks can pay more taxes
    en_GB Photo by Harry van Versendaal

    PoliticsGreek Politics

    suggest there is more to come from Greek taxpayers. However, it should be pointed out that two... of the Greek state rather than whether citizens are being taxed enough. Critics will argue that the onus... that the Greek government is missing out on 3.2 billion euros, equivalent to 1.75 percent of GDP, each year

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  8. Manufacturing PMI in Greece hits a 51-month high in November

    EconomyMacroeconomy

    Greek Manufacturing PMI rose to a 51-month high of 49.2 in November from 47.3 in October as output at Greek manufacturers rose for the first time since September 2009, according to Markit... in employment decelerated. Greek manufacturers’ production levels rose slightly in November for the first

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  9. Deposits edged up in Nov but credit contraction was close to 4 pct

    EconomyMacroeconomy

    Greek private sector deposits increased by 0.4 percent month on month (mom) in November... growth and drop in unemployment arrive. It is worth noting that despite deposit outflows, Greek banks.... Credit contraction At the same time, the year on year (yoy) credit contraction in the Greek market

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  10. On Portugal, PSI and a national salvation pact

    Agora

    sensitive to a proposal like that? At the time of the Greek PSI, there was no mechanism to avoid... money to bailout private investors. The IMF recognized the error of delaying the Greek PSI for almost... of the IMF and Greece. In the third quarterly review, Greek sovereign debt was found to be “sustainable

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