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  1. Growth in accommodation and food services turnover slows to 6 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    . This was due to international tourist arrivals shooting up by 45.6 percent to 1.73 million, although... in February 24, SETE were saw international arrivals at 25 million, up by 1 million compared to 2014

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  2. Audit of Greek debt adds to pressure on Tsipras in creditor talks

    PoliticsGreek Politics

    Parliamentary speaker Zoe Konstantopoulou, who has been a thorn in the government’s side since taking up her position, may have made Prime Minister Alexis Tsipras’s task of reaching an agreement.... However, many on the left of the party have not given up hope of going down the rout of other countries

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  3. Greece and lenders talk at cross purposes, head for crisis summit
    Photo by EU Council Eurozone https://flic.kr/p/dUgXKJ

    PoliticsGreek Politics

    on Monday to come up with a solution. Monday’s meeting was called by European Council president Donald Tusk... have to come up with alternatives. This divergence appears one of the most difficult problems

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  4. How Greek banks were left on the brink
    Photo by Harry van Versendaal

    Agora

    this 5-month period shows that households withdrew 22.3 billion euros making up more than 70 percent... of the domestic loan book, led to Greek banks’ group NPL edging up by 0.4 pp to 32.6 percent. NBG’s NPL ratio

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  5. Tsipras faces lenders' wall in Brussels as political tension grows in Athens

    PoliticsGreek Politics

    Fylis summed up the mood within the party by describing the creditors’ proposals as “blackmail... with the help of opposition parties but that the government would lose its majority. This then opens up

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  6. Referendum call finds Greek banks teetering on the edge
    Photo by MacroPolis

    Economy

    from the banks’ ATMs. This picked up on Saturday when a large number of ATMs ran out of banknotes... making up a large part of ELA funding) are no longer ELA eligible. It was clear from the beginning

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  7. The political scenarios ahead for Greece after the referendum

    PoliticsGreek Politics

    in the euro. Apart from hoping that this unity will firm up a “Yes” vote (which opinion polls over the last few weeks suggest is the most likely), the opposition has also not given up hope

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  8. Yes or no, complex political developments lie ahead for Greece
    Photo by MacroPolis

    PoliticsGreek Politics

    Up to 9.85 million registered voters will cast a ballot in this Sunday’s referendum, which could decide whether Greece’s future lies within the eurozone or not. Polls opened at 7 a.m. and close 12... parties to help create a national negotiating team to reach a deal. Yes A victory for “Yes” opens up

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  9. What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
    Photo by MacroPolis

    Economy

    and on T-Bills at a high-single-digit figure. Pillar II bonds and loans made up around three quartets... haircut since state guarantees make up 50 percent of total ELA-eligible collaterals. Consequently

    3%

  10. Between heaven and hell
    Photo by Can Esenbel

    Agora

    of the referendum was completely different. “We’re doomed now,” he told me. This brief episode sums up... can come up with believable, optimistic answers. On others you cannot find a convincing response

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