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  1. GSEE report stresses risks on employment and the pension system, outlines burden on wages

    Society

    for salary earners as a social group. Employment The number of unemployed has soared by almost 1 million... with its share to total employment at 20 percent from less than 6 percent before. This is more pronounced

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  2. OECD report paints grim picture for Greece's labour market
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    -1.5 to -2.8 percent. In contrast, real hourly wages in Portugal showed a sharper drop of 3.9 and 6... percent in 2013, with Spain and Portugal increasing by 1.9 and 1 percent respectively. Greece

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  3. Samaras tax cut pledges aimed at MPs rather than voters
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    and the drafting of the 2015 budget, which is due to be tabled in Parliament on October 6... and are growing by an average of around 1 billion euros per month. Samaras also confirmed the government would

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  4. Greek primary budget surplus to August narrows to 1.95 bln on lower revenues

    Economy

    . The 8-month budget deficit stood at 2.85 billion, more than 1 billion higher compared to that posted... draft budget in Parliament on October 6. It will include updated estimates for 2014 budget execution

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  5. ECB plans for ABS, covered bonds purchases leaves doubts for Greek banks
    Photo by MacroPolis

    Economy

    a stock of securitized loans of almost 22 billion, with NBG and Piraeus at the high end (7.2 and 6... at the low end slightly above 1 billion. Overall, Greek banks have an existing pool of securitized loans

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  6. Wealth in Greece plunged by 170 bln since 2007, report finds
    Photo by MacroPolis

    Society

    and 1 trillion respectively, while peripheral countries like Spain and Greece suffered large losses... contraction of 22 percent over this period, while Spain’s GDP showed a cumulative drop of 6 percent

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  7. Here's what's in the 2015 draft budget the Greek government has just unveiled

    EconomyMacroeconomy

    as well as T-Bills with duration higher than 6 months. The MoF also notes that the coverage of short... as of July 1, 2014), a positive carry-over effect from GDP evolution in the second half of 2014

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  8. Greek economic contraction during crisis higher at 24.6 pct, revised data shows
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    , with household consumption down 2 percent from 6 percent previously b) The fall in gross fixed... with up to 1 percentage point revision from previous estimates

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  9. After ECB tests, it's back to troika review for Greek coalition
    Photo by MacroPolis

    PoliticsGreek Politics

    . The Greek issue is also expected to be discussed in the upcoming two Eurogroups due on November 6... majority for calling a strike. Currently a strike may be called if 50 percent plus 1 of present

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  10. Greek jobless rate dips below 26 pct in August for first time in two years
    Photo by MacroPolis

    Economy

    time in the past two years and remains more than 6 percentage points (pp) above that of males (23.1..., there is a 1 point deviation in the absolute figures of their forecasts for both years.

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