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  1. Demand for hospitals' reserves raises concerns about govt's liquidity position

    Economy

    to consumption and non-allocated expenditure, social protection and grants to hospitals. Greece has paid.... Greece has to repay on July 20 2.31 billion euros in bonds held by the ECB. The practice that has been

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  2. Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
    Photo by MacroPolis

    EconomyBanking

    in Q4. The bank has guided for a cost of risk below 2 percent for the whole of 2016. On the asset... in December, while has slipped to 22.8 billion in May. The breakdown shows ELA funding currently stands at 18.1 billion and ECB funding at 4.7 billion. A part of the previously used Euroystem funding has

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  3. Pending pensions mount up, complicating fiscal effort
    Photo by MacroPolis

    Economy

    main pensions (i.e. applications for pensions for which the process has been delayed for technical, bureaucratic or other reasons) has reached 159,290 cases. More than half (85,300) related to IKA... pensions to the private sector has an estimated cash deficit of 700 million this year, which is due

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  4. After Brexit vote, Tsipras stresses need for political response to EU shortcomings

    PoliticsForeign Policy

    · A democratic deficit · The resurfacing of stereotypes The Greek prime minister said that the EU has... of the EU, including when he stood as a candidate for European Commission president in 2014. Tsipras has... democrats, gradually moving SYRIZA away from its leftist affiliations. To balance this, he has stressed

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  5. SYRIZA to suggest switch to proportional representation, schedules congress for Oct
    Photo by MacroPolis

    PoliticsGreek Politics

    percent 10 years earlier, which suggests that there has been a substantial shift in public opinion... in a position to form the next government. However, SYRIZA has argued in favour of proportional... universities. Mitsotakis has said he is willing to back such a change. The central committee marked

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  6. Tsipras gauges EU mood on Brexit as gov't strives for support on change to electoral system
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    PoliticsForeign Policy

    a government after future elections, the Communist Party (KKE) has also declared its opposition... to be adopted immediately. The Union of Centrists (9 MPs) has said it will back the overhaul. Its... for the winning party would have to remain. New Democracy has proposed something along the same lines

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  7. Simple majority for new electoral law, which threatens future complications
    Photo by MacroPolis

    PoliticsGreek Politics

    Democracy leader Kyriakos Mitsotakis has committed himself and his party to such a goal. However..., for example) so the process is made easier this way also seem slim. Although New Democracy has forged ahead..., there has been a suspicion since last year that at some point he may be invited to join the government

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  8. Greece's public healthcare in a muddled and troubled state
    Photo by Alex Proimos via Flickr https://flic.kr/p/bt29wL

    EconomyFeatures

    and rising unemployment have led to the country’s public healthcare landscape has taken a heavy beating... to the problem, Greece’s exodus of qualified professionals shows no sign of abating, and this has... on health expenditure has increased from 35.6 percent in 2013 to 39 percent in 2014. The split between

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  9. Economic sentiment improves to its highest level of 90.7 pts for 2016, consumer confidence falls by 1.2 pts
    Photo by MacroPolis

    EconomyMacroeconomy

    , which is the highest reading in the course of 2016. Since the beginning of the year, ESI has improved by 3.3 points, while has risen by 8.8 points from its recent low of 76.1 in August 2015... respectively. Construction confidence has improved at a slower pace of 11.9 points since August 2015.

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  10. Wages index up by 0.7 pct in Q1 for second straight increase

    EconomyMacroeconomy

    percent decline in Q4. Over the past five quarters, the wages index has rebounded QoQ only once... 2000, the lowest reading of 78.8 has been recorded in Q1 2000, while the record high of 120.4 was posted in Q1 2010. The wages index has nosedived 27.7 percent thereafter largely reflecting the internal

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