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  1. Greece trying to redefine its diplomatic role in the Western Balkans
    Photo by Kosovo Ministry of Foreign Affairs

    PoliticsForeign Policy

    in Athens or Thessaloniki. This was first agreed during Avramopoulos' tenure, as Greek diplomatic... this year as many of the issues usually raised during the meeting are of great interest to the Greek

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  2. Tsipras gears up for internal battle, sets priorities for summer

    PoliticsGreek Politics

    plans to part ways with the rebels once the new bailout has been agreed and passed through Greek... for Tsipras in the run-up to August 20, when the next Greek bond held by the European Central Bank

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  3. Primary surplus 3.1 bln above target in H1 on severe underspend

    EconomyMacroeconomy

    by Greek banks for using state guarantees in the form of pillar II bonds as collaterals for Emergency... Greek banks paid in 2012 ahead of their recapitalisation. Primary expenditure dropped by a double

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  4. Parliament's budget office rings alarm bell on economic prospects

    EconomyMacroeconomy

    The Greek economy deteriorated in the first half of 2015 and the country has entered again into a recessionary trajectory, according to the quarterly report of the Parliamentary Budget Office (PBO... programme owned by the Greek authorities and society, despite any political or ideological difficulties

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  5. Rate of drop in apartment prices picks up again in Q2

    EconomyMacroeconomy

    After decelerating in the preceding seven quarters, the drop in Greek apartment prices accelerated to 5.6 percent in the second quarter (Q2) of 2015 from a revised 4.1 percent in Q1, according... on the housing sector. In the last comprehensive assessment for Greek banks conducted by the ECB last October

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  6. Economic situation biggest worry for Greeks, latest Eurobarometer shows
    Photo by MacroPolis

    Society

    of the EU in Greece are continuing to improve. Now, 25 percent (+ 2 percent on the last poll) of Greek... (54 and 57 percent respectively). Two years ago, the Greek figure reached a highpoint of 71 percent

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  7. Building activity up again in May but with smaller rise of 1.9 pct

    EconomyMacroeconomy

    Greek building permits grew for the fourth successive month in May, albeit by a modest 1.9 percent from 6.2 percent in April, according to the Hellenic Statistical Authority (ELSTAT). The May growth... downward revision of Greek macro environment would lead to a sharper decline in apartment prices

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  8. Opposition drags out pre-election process, hoping Tsipras pays cost

    PoliticsGreek Politics

    to stick with this theme during the election campaign, arguing that a weary Greek public is being... by SYRIZA rebels last week. The 25 MPs formed the third largest parliamentary group in the Greek

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  9. Athens bourse dives 10.54 pct on Monday, falling to lowest since June 2012
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    The Greek stock market tumbled 10.54 percent on Monday amid the prevailing uncertainty surrounding the pre-election period in Greece. The negative sentiment was further fuelled by heightened concerns... sentiment was also widespread in the bond market with a rise in the short-term maturities of the Greek

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  10. July credit contraction at 1.5 pct, slowest since Aug 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek bank credit contracted at a decelerating pace for the fourth straight month in July, when it decreased by 1.5 percent from 1.7 percent in June, according to the Bank of Greece (BoG). The July... credit expansion. Greek bank credit turned negative in January 2011 with cumulative net deductions

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