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Outdoor gatherings with hint of protest raise concerns over relaxation of lockdown
PoliticsGreek Politicsincident a complaint has been filed against police by a local resident who claims to have been beaten
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It's the hope that kills you
Agorawith the message of the authorities that Greece had beaten the pandemic and was now open for business
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Tsipras makes pre-emptive peace offering to next KINAL leader ahead of final vote
PoliticsGreek Politicson the task of “renewal” within KINAL. If he wins on Sunday, he will have beaten off challenges from
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Second round of local elections deliver worrying results for PM, glimmer of hope for opposition
PoliticsGreek Politics. However, he was soundly beaten by Dimitris Kouretas, a candidate put forward by centre-left PASOK
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Cost of living remains public's top worry, as government slashes green transition budget
PoliticsGreek Politics, versus 12.1 pct who picked the leftist opposition. Social democrats PASOK are narrowly beaten
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Is Democratic Left set to make a shock return to Greece's coalition?
PoliticsGreek PoliticsWhen Democratic Left quit the coalition government in June, the possibility of the small centre-left party bridging its differences with New Democracy and PASOK seemed impossible. Suddenly, though, some kind of reconciliation – a return to the governmen...
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Unemployment hit new high of 27.8 pct in October, set to rise further
EconomyMacroeconomyGreece officially assumed the presidency of the European Union on Wednesday, with the highest unemployment rate in the 28-member bloc. According to the Hellenic Statistical Agency (ELSTAT), the seasonally adjusted jobless rate in October stood at 27.8 p...
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Long-term jobless rate of 71 pct poses new set of social challenges for Greece
SocietyThere was a time when Greece’s unemployment rate caught the media’s attention as it quadrupled from 7.3 percent in the third quarter of 2008 to the recent record high of 27.8 percent in the first quarter of 2014. There is less of a fuss these days, thou...
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Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
EconomyGreek media reported on Tuesday that the Ministry of Finance (MoF) will soon table in Parliament a draft bill which will allow the conversion of Greek banks’ Deferred Tax Asset (DTA) into tax credit. The new legal framework has to be approved by the Eur...
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ECB set to provide extra liquidity to Greek banks but capital needs remain an issue
EconomyIn its latest comment on Greek banks, Fitch noted that they remain burdened by a large stock of non-performing loans (NPLs), despite capital enhancement and progress with their restructuring plans. On the key issue of the European Central Bank’s compreh...
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