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  1. SYRIZA holds fire as Eurogroup expectations continue to be lowered
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    A meeting of SYRIZA’s political secretariat on Tuesday resulted in the party reaffirming the government’s insistence that it will not implement the fiscal measures lined up for 2019 and 2020.... It appears that there are 10-15 out of 140 that still need to be wrapped up, mainly relating to pension

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  2. Net job hirings reach new high of 89,534 in May, 5-month figure a record
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    period point to net hirings of 215,304, up by almost 14,300 from last year’s figure of 201,056... (49.8 percent) and flexible types of work (50.2 percent). Part-time and shift work make up 36.9

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  3. BoG reveals number of indebted borrowers, details business NPEs
    Photo by MacroPolis

    EconomyMacroeconomy

    to the latest BoG report with data as of June 2016, denounced loans made up 44.2 percent of NPEs, while... to 103.9 billion, beating the target by 1.3 billion. The NPE ratio edged up to 50.6 percent in Q1, from

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  4. Greece as an energy hub: Reality or wishful thinking?
    Photo via www.tap-ag.com

    EconomyFeatures

    ambitious plans to open up its offshore blocks for hydrocarbon exploration. Interest... with Israel to supply private power plants with up to 23 billion cubic meters of natural gas from

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  5. Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 1.84 billion euros in the 5-month period of 2017, up by 26.5 percent from last year’s figure of 1.46 billion, the Finance Ministry (MoF) preliminary... revenues edged up 0.6 percent to 18.53 billion euors in the 5-month period, beating target by 443

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  6. Greece gets bigger tranche from Eurogroup but Tsipras misses other key targets
    Photo via Fosphotos

    PoliticsGreek Politics

    billion euros that was initially lined up and had been on offer at the May 22 Eurogroup, which ended... specified as part of the debt relief measures lined up for when Greece completes its programme

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  7. Newsletter 121 - 02/06/2017

    Newsletters

    be interpreted in two ways. Some see it as a ramping up of pressure on the creditors to tweak the proposal tabled... for February. The turnover of Greece’s retail trade index edged up by 0.3 percent in March, after upwardly

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  8. Coalition defends deal with lenders, opposition exerts pressure
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Prime Minister Alexis Tsipras is expected to step up his efforts to present last Thursday’s Eurogroup agreement in the best possible light, before he leaves for the European Council later in the week... for the need to clear arrears but also to further build up cash buffers to support investor's

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  9. Tsipras tries to keep government's eyes on the prize
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Prime Minister Alexis Tsipras called on his government to step up its work as he completed, ahead of this week’s European Council, a series of meetings designed to issue a positive message... to rest on our laurels,” he said. “We have to step up our efforts.” Corruption The prime minister

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  10. European Commission's DSA reveals serious concerns over debt sustainability, need for relief
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    and ends up at 32 percent in 2060. Scenario C EC examined an even more conservative scenario.... In this scenario, the debt ratio falls at a sharper pace as of 2040 and ends up at 75.4 percent in 2060. Moreover

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