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  1. Housing costs, food prices set limits to impact of tax cuts
    Photo by MacroPolis

    Economy

    The Greek government’s efforts to shift the narrative and change its political fortunes are crashing against the realities on the ground as reflected in the frequent data releases from Eurostat and ELSTAT. Months of communications build-up around the Th...

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  2. How big is Greek fiscal gap? Will cuts be needed? Here's our Q&A

    PoliticsGreek Politics

    to be and what measures the government would have to take to fill it. In the meantime, we have put... said that government officials speaking anonymously after the EU summit put the figure at no more... can meet the revenue targets it set out in its 2014 draft budget. The government official who spoke

    9%

  3. Does new troika visit spell fresh drama for Greece? Maybe not

    Economy

    review of Greece’s fiscal adjustment programme is set to resume next week. There had been some...,” as International Monetary Fund’s managing director Christine Lagarde put it. Greece presented a draft... Central Bank executive board member Joerg Asmussen put a figure next to what until then was a vague

    9%

  4. When will Greek banks operate as credit institutions again?
    Photo by Harry van Versendaal

    Agora

    is happening at an uninterrupted pace for more than two years now. Put otherwise, since the beginning of 2011... such companies alive. Put otherwise, the normalisation of the credit transmission mechanism through... for core tier one capital ratios set by the European Banking Authority (EBA). In return for this capital

    9%

  5. Last man standing
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    on November 4 to put minds outside of Greece at ease with regard to his party’s plans should... reliant on put-downs and one-liners. Its attempts to inspire mass demonstrations have failed. While... to come. A failure to address this very quickly will only set SYRIZA up for a very big fall if it comes

    9%

  6. Europe missed an opportunity on banking union
    Illustration by Manos Symeonakis [http://www.cartoonmovement.com/p/6035]

    Agora

    banks and will put all lenders through stress tests. The ECB’s involvement gives us hope... markets, rely heavily on banks for financing. If the banking system is not put in order... and the precedent set in Cyprus, where the Eurogroup initially agreed to a haircut on insured deposits

    9%

  7. SYRIZA's bid to force elections by early 2015 will be a close-run thing

    PoliticsGreek Politics

    the necessary support, the outgoing President set a date for elections to be held within 30 days. A closer... the prime minister’s press office, indicated that the government could put together what he termed... George Papandreou made it clear that his party would not approve the candidate put forward

    9%

  8. Fragmented, weak Greek centre left fails to find basis for cooperation
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    as the socialist party could be able to put forward more high profile candidates and the new... Evangelos Venizelos appeared to defeat the purpose of what the 58 set out to achieve as the vast... put the party on 4 to 7 percent. There is no suggestion that its association with other smaller

    9%

  9. New Democracy and SYRIZA draw battle lines for European elections
    Photo by MacroPolis

    PoliticsGreek Politics

    elections on May 25, have announced their candidates and set out their campaign strategies... stability and uncertainty. In a less stark version of the euro vs drachma dilemma put to Greek voters... to use this during their campaign as evidence that they intend to live up to their pledge to put right

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  10. Greek debt: A case of learned helplessness?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    to put together a loan package of 110 billion euros for a period of three years. For a sense of scale, when the program was initially set up, out of the 87 billion euros scheduled to be disbursed between... of the troika; a combination of institutions that were put together to deal with an emergency debt

    9%