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Workers lost almost 9 pct of real income last year, research shows
SocietyThe Greek economy’s debt legacy issues have been lasting despite some progress in the last few years and they were once again captured in the latest annual report published by the research arm of Greece’s largest union GSEE. Last year, there was a minor de-escalation of the risk of poverty
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Greece aims to replicate last year's successful debt strategy in 2024
EconomyJust before the festive season, the Public Debt Management Agency (PDMA) released the debt strategy for 2024, which summarises the positive developments regarding Greece public debt in 2023 and outlines a modest debt plan for 2024, in line with last year’s successful strategy. Greece’s funding
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PMI falls to 51.7 in July, level of optimism drops to lowest in a year
EconomyMacroeconomyin output, new orders, employment and input buying slowed. Moreover, expectations for the year-ahead
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Building on flurry of policy pledges, Mitsotakis vows to back research and innovation
PoliticsGreek Politicspillars of economic renewal, he unveiled a proposal to establish a dedicated Ministry of Research...” and “outputs” pillars. This dual ranking highlights that even when funding is available, translating
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Greece, lenders reach deal to secure bailout sub-tranche and bank recap funds
EconomyProgrammeAfter discussions with Greece’s lenders throughout the day on Monday, Finance Minister Euclid Tsakalotos told reporters after midnight that the government had reached an agreement with the quadriga mission chiefs on all issues related to the prior actions for the disbursement of the next sub
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Greece faces tight deadline for second set of milestones, first review looms
EconomyProgrammethe implementation of the second set of prior actions and the bank recapitaliaation. The quadriga mission chiefs
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Mood sours as focus switches to next set of prior actions
PoliticsGreek Politicsreview. The mood ahead of the return of the heads of the quadriga was soured somewhat on Sunday when
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Pension reform wrangle prompts Greece to consider going own way on contributions rise
EconomyProgrammediscussions” on the issues of pension and labour market reforms. The quadriga mission chiefs, who
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Growing criticism of coalition's handling of public sector jobs
PoliticsGreek Politicsin the quadriga of lenders monitoring the Greek programme, Declan Costello, wrote to Education Minister Nikos
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Coalition poised to unveil pension reform proposals, hoping to avoid cuts
EconomyProgrammewith the quadriga mission heads in the coming days. The government’s target is for the pension bill
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