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  1. Tsipras briefing suggests he is still searching for deal with lenders
    Photo by MacroPolis

    PoliticsGreek Politics

    the release of 7.2 billion euros in bailout funds are unacceptable to the Greek government. He... in the form of Juncker, who in a joint statement with the Greek prime minister said a month ago

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  2. Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
    Photo by MacroPolis

    Economy

    Greek parliament on November 7, 2012. It imposed progressive cuts in all public and private sector.... Greek courts have issued similar decisions on pensions and civil servants' pay in the past. The CoS also

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  3. Building activity rises again in March as permits increase by 19.1 pct
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greek building permits rose for the second successive month in March, when they increased by 19.1 percent compared to the 10.2 percent rise recorded in February, according to the Hellenic Statistical... incorporated in the ECB comprehensive assessment for Greek banks last October were suggesting a decline

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  4. Credit contracts by slower rate of 2.1 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek bank credit contraction further decelerated to 2.1 percent in May from 2.4 percent in April, according to the Bank of Greece (BoG). The May headline figure is the slowest drop since August 2011.... Greek bank credit shows a contraction persistently since January 2011 with net deductions of 35 billion

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  5. Government sceptical about deal with lenders, PM with convincing to do

    PoliticsGreek Politics

    The mood within the Greek government ahead of Saturday’s Eurogroup appears negative, with some ministers playing down hopes of a deal and others suggesting the Prime Minister Alexis Tsipras should... three key elements: The end of austerity, an injection of liquidity and a restructuring of Greek debt

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  6. Tsipras turns down last-minute Juncker offer, plans to stand aside if 'Yes' wins
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Greek Prime Minister Alexis Tsipras appears to have turned down a last-minute attempt by the European Commission to reach a compromise and has suggested that he could stand down if Sunday’s... to extend the Greek programme for one month. 5) Tsipras and his government campaign for the “Yes” vote ahead

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  7. Tsipras runs gauntlet as he seeks approval for proposals from cabinet, lenders

    PoliticsGreek Politics

    , possibly only if an agreement has not been reached and preparations have to be made for a Greek exit from... that French technocrats and European Commission officials are helping the Greek government draft the document

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  8. Consumer prices drop further by 2.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent in the preceding two months, according to the Hellenic Statistical Authority (ELSTAT). This indicates... forecasted by the European Commission, the OECD and the Greek government.

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  9. Building activity up by 6.2 pct in April for third straight rise
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek building permits advanced for the third straight month by 6.2 percent in April from 19.1 percent in Mar, according to the Hellenic Statistical Authority (ELSTAT). The April growth rate... for Greek banks last October, housing prices are estimated to further ease by 3.7 percent in 2015

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  10. EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
    Photo by MacroPolis

    Economy

    The European Commission (EC) published on Wednesday its assessment following the official Greek request for a 3-year loan from the European Stability Mechanism (ESM). The document showed that due... controls and severe liquidity shortage in the Greek economy led to major downward revisions of fiscal

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