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  1. In bid to polish SYRIZA's image, Tsipras visits Mount Athos monks
    Photo by MacroPolis

    PoliticsGreek Politics

    with the Orthodox church. Mount Athos is a common destination for Greek political leaders (Prime... Athos was part of an attempt to put at ease the minds of many Greek voters who are concerned about... a section of the Greek population if he is seen as hostile to the church. During his visit to Mount Athos

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  2. The tarnished legacy that will haunt the Athens Olympics

    Agora

    , roads and airport – that Athens desperately needed. This is a legacy that the Greek capital still... have been held accountable? Greek taxpayers, who were largely the victims rather than perpetrators... went wrong. For Greek taxpayers there are no gold medals, juicy public contracts, fat salaries or fame

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  3. Eurobank reports net loss of 301.1 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    to 382 million euros from 681 million in the preceding two quarters. In the Greek market, NPL... deleveraging, mainly in the Greek corporate sector, led gross loans slipping to 51.8 billion euros from... to 103.4 percent in Q2, which is the second lowest among the top-4 Greek banks, following that of NBG

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  4. OECD report paints grim picture for Greece's labour market
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    In its 2014 Employment Outlook published today, OECD retains its estimates for Greek unemployment... the nosedive in Greek wages exceeded by far those of the other OECD countries. In the other countries under... countries, Greek wages stand above only those of Portugal by 7.7 percent.

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  5. S&P upgrades Greece one notch to B, sees growth in 2015

    Economy

    is scheduled by Fitch on November 21. S&P expects Greek GDP to ease 0.2 percent in 2014 and rebound... in 2014. Further on the fiscal front, S&P expects the Greek government to absorb more EU funds... foreign bond placements. The remaining amount of 6 billion will be partly met by Greek banks repaying

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  6. ELSTAT survey finds 2013 household budgets devastated, inequality persists
    Photo by Harry van Versendaal

    Society

    The average monthly expenditure of Greek households dropped 7.8 percent year on year (YoY... oil to that for vehicles, which resulted in a sharp rise in the heating oil price, led Greek... that Greek citizens allocate relatively more for clothing and footwear, health, education, hotels, cafes

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  7. Greeks most sceptical of EU and US policy towards Russia, poll indicates
    Photo by Amanda Graham via Flickr https://flic.kr/p/m9xx6

    Society

    We recently highlighted the difficulties the Greek coalition was having in steering a steady course... in international affairs. “Only 31 percent of Greek respondents thought US leadership was desirable...,” the Washington-based organisation said. “Forty-four percent of Greek respondents who said the EU had been

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  8. Greece's troika talks begin with apparent deal on 2015 surplus
    Photo by MacroPolis

    EconomyProgramme

    In contrast to previous first meetings between the Greek authorities and the heads of troika.... The Greek government believes this outperformance will help it reach next year’s target. While... wants to roll out have yet to be discussed. The coalition has informed the Greek media that it intends

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  9. Troika leaves with key issues pending and clock ticking for coalition

    PoliticsGreek Politics

    The latest troika review of the Greek adjustment programme was adjourned on Tuesday with the two... and the capital needs of Greek lenders will be known. Also, by then the new European Commission will have been sworn in. The interlude puts paid to the Greek government’s initial hopes of drawing

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  10. Greece changes banks' DTA conversion law to secure ECB/EBA approval
    Photo by MacroPolis

    Economy

    , banks will issue conversion rights in favor of the Greek state. The idea is that this reserve... of DTA conversion to DTC (north of 2 billion euros for the four systemic Greek banks... rights in a loss making year. Although bankers and brokers expect Greek banks to turn profitable

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