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  1. Unresolved pensions issues complicate the fiscal front

    EconomyProgramme

    has ruled unconstitutional the pension cuts imposed in twice in 2012 with the overall impact... applications for pension for which the process has been delayed for technical, bureaucratic or other... in 2013, KEAO has collected SSCs of almost 1 billion.

    2%

  2. Negative deposit flow of 1.12 bln in Jan

    EconomyMacroeconomy

    split between social security funds (2.55 billion) and local government (2.33 billion). The BoG has.... Since July, central bank funding has dropped by 19.1 billion until the end of December primarily..., the ECB has lowered the ELA ceiling for Greek banks by a cumulative amount of 19.6 billion euros

    2%

  3. Greeks’ mutual mistrust eases, survey indicates
    Photo by MacroPolis

    Society

    While the percentage of Greeks who say they trust most people has increased in recent years, Greeks... survey on social capital has found. In the twelve years since a similar survey was conducted, Public..., chambers, NGOs etc, has remained relatively unchanged over the past 2.5 years. About one in five

    2%

  4. Greek teenagers' behaviour charted
    Photo by MacroPolis

    Society

    friendships and activities has found. Conducted by the Athens-based University Mental Health... one in five (19.2 percent) has one or two close friends. Their friends are often the best.... The prevalence of mobiles and social media, however, has not replaced personal contact, with 68.3

    2%

  5. Greece banking on Turkish cooperation in refugee plan
    Photo by @PrimeministerGr

    PoliticsForeign Policy

    as a genuine moment of gratitude given that Tsipras’s government has supported Turkey’s EU aspirations... with Turkey as the closure of the Balkan route has left it with few other viable options for reducing the number of refugees in the country. In fact, Athens has more to lose if the deal fails

    2%

  6. Declining flow of refugees gives struggling government some hope

    PoliticsForeign Policy

    of 1,968 in February. Also, reports from the Turkish coast indicate that smuggling activity there has... facility at the port. This has put a strain on limited resources and there has yet to be any definitive

    2%

  7. Marfin Investment Group returns to profit in 2015

    Economy

    Marfin Investment Group (MIG) has released its 2015 annual results showing that for the first time... compared to a loss of 17.8 million in 2014. The group, listed on the Athens Stock Exchange since 2007, has... the challenging economic environment, MIG’s financial performance has improved substantially

    2%

  8. Piraeus Port Authority announces profit increase for 2015
    Photo via www.olp.gr

    EconomyBanking

    The Piraeus Port Authority (PPA) has released its annual financial statement for 2015, showing post... and one of the largest in Europe, has a split ownership between COSCO (51 percent), the Greek Shipping... Piraeus. The Association of Mediterranean Cruise Ports has said that a 3.1 percent increase in cruise

    2%

  9. Retail sales down by 3.8 pct in Jan for eighth straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    has posted only one positive reading, of 2.4 percent in May 2015, over the last 15 months. Retail.... Retail turnover has been reduced by almost one third since 2009 largely reflecting a similar drop... since 2009 has been posted in books, stationery and other goods (-16.3 percent), automotive fuel (-20.4

    2%

  10. Unease mounts as Greece prepares to implement EU-Turkey refugee deal
    Photo by MacroPolis

    PoliticsForeign Policy

    . The government has so far tried to maintain a minimal police presence at camps and hot spots but is currently... as the prospect that migrants will react angrily to being forced onto ships headed for Turkey, has led to the Greek police drafting in more personnel on the islands and at Idomeni. There has also been

    2%