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  1. S&P revises outlook to positive, sees encouraging signs after debt deal
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    to positive from stable. S&P’s rating of ‘B+’ is ahead of the rest of the agencies. Fitch has Greece on ‘B... of the financial sector. Outlining its rationale, S&P suggests that Greece’s policy predictability has

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  2. Deadly wildfires likely to heap pressure on Tsipras and ministers

    PoliticsGreek Politics

    Devastating wildfires around Athens are thought to have claimed the lives of more than 50 people and wreaked extensive damage in what appears to be the worst disaster of its kind Greece has suffered... 90 people were killed, has the death toll reached the kind of numbers seen on Monday, when blazes

    2%

  3. Tsipras tries to take lead in fire response amid picture of confusion
    Photo by Gerasimos Domenikos/Fosphotos

    PoliticsGreek Politics

    , the bold but necessary incisions were not made,” he said. Repeating another theme that his government has... into events in Mati. The head of the Athens first instance prosecutor’s office has been questioning

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  4. Industrial turnover up by 17.4 pct in June for highest rise in year so far
    Image via www.titan.gr

    EconomyMacroeconomy

    on Monday showed. The latest figure means that the index has remained positive for six straight months... months of negative readings. In the year so far, industry confidence has risen by 5.2 points.

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  5. Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
    Photo by MacroPolis

    EconomyBanking

    compared to the figure of 16.4 million in Q1. Since June 2017, NPL stock has declined by 2.3 billion... funding has declined by around 4.3 billion euros. The decline was achieved mainly by deposit inflows

    2%

  6. Coalition tweaks labour market, lines up more post-MoU changes
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Prime Minister Alexis Tsipras is putting the finishing touches to the package of policy pledges he is due to make at the Thessaloniki Expo (DETH) on Saturday, but his government has already taken... to a reduction in the ENFIA property tax (a measure that has also been promised by New Democracy

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  7. Greece tops OECD countries for tax rises and spending cuts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    The Organisation for Economic Cooperation and Development’s (OECD) latest report on tax policy reforms has highlighted the extent of increased taxation in Greece in recent years. The annual report... framework. It found that tax collection has improved, but that evasion remains high due to high

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  8. Industrial production grows by 1.9 pct in July for year's second highest rise

    EconomyMacroeconomy

    , industry confidence has risen by 6.1 points. Additionally, the latest Markit Manufacturing PMI came to 53.9 points in August from 53.5 in July. The index has stayed above the 50-point mark for close

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  9. Births rise slightly, divorces fall in latest living conditions report
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    The latest report on living conditions in Greece by the Hellenic Statistical Authority (ELSTAT) has revealed a mild improvement in several areas, while capturing how the country’s economic troubles... since. In 2016, the latest year for which data has been made available, the number of marriages dropped

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  10. Hirings balance in August turns negative by 7,748
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    , though slowing from July’s negative figure of 8,610. Compared to August last year, the balance has... and 15 percent of hirings, respectively. The Greek job market in recent years has been characterised

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