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  1. Unemployment creeps up to 27.6 pct in July; little tourism boost evident
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    for some of Greece’s jobless. Unemployment remains more prominent in the female population... percent, followed by Macedonia-Thrace with 29.9 percent. Attica’s rate is 27.9 percent. These official... and organisations that do not see Greece’s unemployment decreasing in the foreseeable future. In the draft

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  2. Greek banks less reliant on Eurosystem funding in September

    EconomyMacroeconomy

    by another 1.4 billion euros in September, according to the BoG’s monthly financial statement. Monthly... as collateral by the ECB. As a result, the ECB’s funding contribution had retreated from an average of about 60...’s formal decision on the disbursement of the next tranche to Greece, to suspend the previously

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  3. Tech start-ups click into place to fight off Greek recession
    Photo by Harry van Versendaal

    Society

    coupled with international speculation about Greece’s future in the euro have created numerous and large... about 700 million euros a year more than the combined worth of Greece’s annual revenues from olive oil.... Recently, four funds started providing funds through the EU’s JEREMIE initiative for small- and medium

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  4. Greece trying to lay 'phantom' pensions to rest
    Photo by Harry van Versendaal

    Society

    the obvious public administration inefficiencies that had become an undue burden on the country’s finances while also being a source of gross unfairness. An example of this was Greece’s pension system... they all had a legal entitlement to their monthly retirement pay. As a result, Greece’s main social

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  5. A summit of little substance

    Agora

    the Digital Single Market by 2015, which is key for Europe’s future economic development. The Summit... perspective” in June 2014, but it seems unlikely that recent events will prompt major changes to Europe’s... ‘mainstream voters’ to turn out at next year’s European elections by persuading them that their vote

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  6. Greek consumers take effort to lower prices into their own hands

    Society

    people’s positive response to this initiative, producers of rice, olive oil and other products followed... city’s residents buy their food from these markets. According to a survey conducted by the Hellenic... cooperatives have been established in Athens since it opened. The first years of Greece’s eurozone

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  7. Unemployment rate remained unchanged at 27.3 pct in August
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    well below the country average at 23.1 percent thanks to the strong tourism season. Attica’s rate... and organisations that do not see Greece’s unemployment decreasing in the foreseeable future. In the draft... methodology. The European Commission’s latest forecasts see the headline rate of 27 percent in 2013 also

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  8. Greek banks’ reliance on Eurosystem fell by 2.36 bln in October

    Economy

    by another 2.36 billion euros in October, according to the Bank of Greece’s (BoG) monthly financial.... As a result, the ECB’s funding contribution had retreated from an average of about 60 percent to below 25... in the last quarter of 2012. The ECB statement on December 19, 2012, following the Eurogroup’s decision

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  9. The euro debate Greece is not having
    Photo by Harry van Versendaal

    Agora

    line trotted out by the country’s lenders that the program is helping the country regain... in the euro. And if Greece’s conscious decision as a nation is to remain in the euro, is there an actual... contribution towards these pressing issues. If this does not change, Greece’s task ahead will remain

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  10. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    of the troika since discussions between the two sides on next year’s fiscal gap and other matters have not yet been concluded. Thursday’s version of the budget followed a draft that was released... reduction of 286 million in 2013, which are not incorporated in Greece’s fiscal targets under

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