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  1. Over one in five Greeks struggled to make ends meet in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    New data from Eurostat has revealed that over one in five Greeks is classed as severely materially deprived and were unable to make ends meet in 2017. Severe material deprivation is defined as being... equivalent) regularly, taking a one week holiday away from home and owning a TV, washing machine, car

    25%

  2. Despite recent improvement, more than half of Greeks unable to afford one-week holiday
    Photo by Harry van Versendaal

    Society

    residents of all ages who made at least one trip came to 4.8 million and the number of trips to 7.9... at least one trip for personal purposes was seen in those aged 45-64 where an increase of 5.7 percent

    25%

  3. DBRS ups Greece's rating one notch further into investment grade

    Economy

    On Friday DBRS upped Greece's credit rating to ‘BBB’, one notch further into investment grade, while the outlook was lowered to stable from positive. After Scope Ratings in December, DBRS is the latest agency to take Greece further into investment grade, with Moody’s remaining the only one yet

    25%

  4. PM makes limited, cautious changes to cabinet after election disappointment
    Image: www.primeminister.gr

    PoliticsGreek Politics

    , where she is replacing one of the few other female ministers, Domna Michailidou, who had only been put in charge of the portfolio in January. Theodoros Livanios, one of the youngest members... at a range of ministries. One potentially significant change announced on Friday by Mitsotakis

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  5. Waiting for Godot in Greece
    Photo by Harry van Versendaal

    Agora

    piece of European literature. As the government of Prime Minister Antonis Samaras awaits... politician or piece of structural reform obligation is responsible for this endless conundrum. While... of emails, frequent telephone hotlines and video conferencing. One wonders why face-to-face interaction

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  6. Newsletter 417 - 22/03/2024

    Newsletters

    investment grade, keeping it one notch below, after raising the country's rating by two notches last... levels aside, Greece has one of the most favourable debt profiles of not only similar but also higher... by the Interior Ministry, a Greek prosecutor and the country's data protection authority, while several

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  7. The Parable of the Populists and the Contemplatives
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    then sees an opportunity to buy a new piece of equipment, a machine, that can double widget production.... Since this is a “durable” piece of equipment lasting many years, the rate of using up this machine..., with its new high volume machine, uses as one of the inputs a nonrenewable resource—something that we

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  8. Wage ruling gives gov't immediate fiscal headache, political one may come later

    PoliticsGreek Politics

    and even then it can only be put towards one-off measures, not those of a permanent fiscal nature

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  9. Only one in 10 jobless Greeks receiving unemployment benefits
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    Only one in ten of the registered unemployed in Greece are in receipt of any kind of unemployment assistance, according to new figures released by the state jobs agency OAED. According to data for the month of March, a total of 1,057,350 were registered as jobless, which represented a slight

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  10. S&P lowers Greek long-term rating by one notch to CCC-

    Economy

    S&P lowered on Monday Greece’s long-term rating by one notch to ‘CCC-‘ from ‘CCC’ with negative outlook. Greece’s rating by S&P is now the lowest among the rating agencies with Fitch’s rating at ‘CCC’ and Moody’s at ‘Caa2’, which is equivalent to ‘CCC’. Based on the S&P sovereign calendar, the next

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