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Moody's explains why it sees SYRIZA win as credit negative
Economyagency stresses that the negotiations with the troika will take place within this backdrop... particularly against the backdrop of looming repayments on T-Bills, to the ECB (bond redemptions) and the IMF
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Sale of defence manufacturer stokes opposition criticism amid bid to bolster regional ties
PoliticsGreek Politicsa backdrop of increasingly vocal criticism of the government’s efforts to build closer diplomatic... for stable alliances in the region. Against this backdrop, Foreign Minister Giorgos Gerapetritis
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New migration law passes amid questions over Chios tragedy
PoliticsGreek Politicsparliamentary debate and subsequent vote took place against the backdrop of a new deadly incident involving... Democracy of flirting with the far right. These exchanges were in keeping with the political backdrop
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Speculation about election date resurfaces as Mitsotakis mulls options
PoliticsGreek Politicscome against an unwelcome backdrop for the ruling conservatives. Most of the opinion polls... tourism season would bolster the economic narrative and create a positive backdrop. A return
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New Year reshuffle brings more MPs into cabinet, keeps key ministers in post
PoliticsGreek Politicsthe deputy agriculture minister. Interior Minister Takis Thedorikakos has also been left out of the new... Petsas has been appointed Alternate Interior Minister, to be replaced by Christos Tarantilis... to the right” and “a party-political balancing act”. The elevation to the Interior Ministry of Makis Voridis
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University bill threatens PASOK consensus as probes launched into alleged infractions by politicians
PoliticsGreek Politicsinvestigation in the Interior Ministry, which is the suspected source of the data leak, while on Tuesday.... The Interior Ministry has denied that it provides voters’ contact information, while the chief...’s EP elections, but also because the suspicions of a data leak emerged within days of the Interior
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Property ownership waning in Greece as renting takes over
Societyan apartment, followed by 36.2 percent who owned land or another asset and 30.4 percent who owned a house. Six... for apartments and 20 percent for houses. However, it was also noted that within the last few years... two years was tourism-related property (61.9 percent) followed by apartments (24.3 percent
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Building activity up again in May but with smaller rise of 1.9 pct
EconomyMacroeconomyat 13,383 in 2014 from 65,474 registered in 2008. Apartment prices, which are indirectly linked to building... downward revision of Greek macro environment would lead to a sharper decline in apartment prices
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Building permits down 11.4 pct in August for second successive drop
EconomyMacroeconomy, the number of building permits landed at 13,383 in 2014 from a high of 65,474 in 2008. Apartment...) of 2015. Over the last seven years, apartment prices in Greece have dropped by more than 40 percent
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Building activity down 18.8 pct in January, permits hit new low
EconomyMacroeconomy) figures indicate apartment prices contracted for the 27th straight quarter by 5.4 percent year on year in the fourth quarter (Q4) of 2015. During 2015, apartment prices dropped by 5.1 percent, while
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