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How Greece's political system failed to safeguard the largest investment in the country's history
Agorawas hurt more from this wipe out of banks’ values than the HFSF. The market value of its bank portfolio... in 2013 and 257.46 million in 2014. With warrants so deeply out of the money (less than 6 percent
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Opinion polls sound warning for SYRIZA ahead of party congress
PoliticsGreek Politics. In this case, not publishing the latest poll would have been more damaging for SYRIZA than publishing... of respondents in the same poll do not believe that New Democracy has more to offer than the current
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Athens mulls Erdogan comment on Aegean islands, sees Cyprus talks dragging on
PoliticsForeign Policythan those over which her sovereignty is recognised by the said Treaty, the future... than the islands of Imbros, Tenedos and Rabit Islands, particularly the islands of Lemnos
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Despite the drama, Kammenos proves reliable coalition partner for Tsipras
PoliticsGreek Politicscountry as “Macedonia” rather than the Former Yugoslav Republic of Macedonia (FYROM), touching another... to an end and he feels he can salvage his reputation by jumping ship. Rather than genuine threats
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Tsipras makes end-year debt deal government's top priority
PoliticsGreek Politicsregarding the upcoming review. Tsipras suggested it would be “less difficult” than the first... more than just the short-term debt relief measures by Christmas. Finance Ministry officials told
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ELSTAT revises nominal 2015 GDP contraction to 1.3 pct
EconomyMacroeconomyannounced on March 4. This means that the Greek economy’s recession (in nominal terms) was deeper than... now stands at 175.7 billion euros, 326 million, or 0.2 percent, lower than the figure of 176.02
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Crisis sees Greeks change eating habits, cut back on eating out
Societyof the daily diet of Greeks than in 2011, while sweets, legumes, pasta, chicken, eggs and milk... than six out of ten consumers (63 percent) said the economic crisis has affected their food
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SYRIZA congress gives Tsipras benefit of doubt, more time to deliver
PoliticsGreek Politicspositions within the party structure could have more influence than some ministers. The combination... the institutions and more space for the coalition to eke out some policies of its own, rather than
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Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
EconomyMacroeconomy. As a result, travel receipts from the UK made up less than 12 percent of total travel revenues in July from more than 17 percent in the corresponding period last year. The tourism-related activities
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PBO report highlights short-term recessionary impact and tax-centric austerity of 2017 draft budget
EconomyMacroeconomythan the Finance Ministry’s forecasts. The deviation stands at 73 percent for revenues and at 60... and service quality than in Greece, which indirectly means that there is scope for improvement
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