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  1. Tsipras wins vote on 3rd bailout but loses more MPs, raising probability of snap polls
    Photo by MacroPolis

    PoliticsGreek Politics

    The third bailout passed through Greek Parliament comfortably on Friday morning but a growing rebellion from SYRIZA MPs left Prime Minister Alexis Tsipras in a less than comfortable position... coalition lawmakers supported the legislation. Six more SYRIZA MPs abstained than in the previous

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  2. Labour cost fall has not produced jobs, bemoans GSEE in study
    Photo by MacroPolis

    Society

    for the under-25s, who are entitled to lower wages than their older counterparts. Purchasing power parity in Greece for those on the minimum wage was now lower than that in Spain, Malta and Slovenia and similar

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  3. Tsipras hints at post-election scenario of grand coalition, without him as PM

    PoliticsGreek Politics

    Democracy, Potami and PASOK but with someone other than Tsipras being appointed prime minister... the new coalition, rather than about any party scoring an outright victory.

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  4. July credit contraction at 1.5 pct, slowest since Aug 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    -negative reading since August 2011. The outstanding balances fell by more than 1 billion month on month... of more than 35 billion since then, while balances have dropped by almost 20 percent over

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  5. These are the bailout deliverables expected from Greece in September

    EconomyProgramme

    a greater role for the institutions than in the past. 12) Adopt a roadmap for investment licensing... stressing that by 2020 no undertaking will be able to produce or import, directly or indirectly, more than

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  6. Even week for Greek stocks but trading thins out

    Economy

    , despite the weekly gains of 6.3 percent, bank shares have lost more than 64 percent of their market... euros, whilst EBITDA more than doubled to 37 million from 16.4 million last year. However, higher

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  7. Accommodation and food services index rises by 13.4 pct in Q2

    EconomyMacroeconomy

    to a continued double-digit growth in international tourist arrivals (+20.8 percent) more than offsetting... years’ figure of 13.5 billion Better than expected tourism this year may mitigate the recessionary

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  8. S&P affirms Greek ratings at 'CCC+/C' with stable outlook

    Economy

    thinks the risk of Greece leaving the eurozone has receded to less than 33 percent. In addition... the likelihood of default to be reduced to less than 50 percent, which hinges on an improvement

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  9. Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    than that of males. The respective breakdown by age group showed the biggest YoY drop was posted... and 22.8 percent last year. The number of ‘long-term’ (more than 1 year) unemployed fell well below

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  10. Greek stocks gain 3.5 pct during week as investors wait for election fog to clear

    Economy

    by more than 56 percent over the period in question amid concerns over their capital needs and the bank... to 39 million euros this week from less than 30 million in the prior two weeks. However, it remains

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