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  1. Gov't submits reform plan that raises contributions and cuts future pensions

    EconomyProgramme

    they would support it. Following a meeting with the Greek President Prokopis Pavlopoulos, Katrougalos told... politically painful approach. The Greek proposal will be discussed with the institutions

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  2. Economic sentiment and consumer confidence improve in Dec

    EconomyMacroeconomy

    years, Greek ESI reached a high of 104.2 in June 2014 but has been on a downward trend since. Consumer... the course of the Greek crisis, consumer confidence peaked at -30.6 in February 2015 and its lowest

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  3. Drop in building activity accelerates to 11.3 pct in Oct

    EconomyMacroeconomy

    Greek building permits dropped for the fourth successive month at an accelerating pace of 11.3 percent in October from 3.5 percent in September, Hellenic Statistical Authority (ELSTAT) data showed... Greek business indicators.

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  4. Pension reform brings painful overhaul in social security contributions for self-employed

    Economy

    with Greek correspondents in Paris on January 14, Labour Minister Giorgos Katrougalos stressed... that the institutions have requested detailed fiscal figures, which are missing from the Greek proposal

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  5. Mounting pension protests exert more pressure on coalition
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    Greek society. The protests so far do not seem to have affected the government’s cohesion. In fact... on this front over the last few days. On Saturday, Greek government officials, including Tsipras, met

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  6. S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March

    Economy

    proceeds of 20 billion. A successful completion of the programme review could allow Greek government... on government guaranteed collaterals for ECB funding would benefit the profitability of Greek banks

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  7. Pressure on Greece to stem migrant flow puts strain on EU ties
    Photo by Richard Leonard via Flickr https://flic.kr/p/5iRa7

    PoliticsGreek Politics

    The Greek government is under pressure to complete the construction of so-called hot spots on its islands to prove to the rest of the European Union that it is doing enough to stem the flow... on the Greek border with the Former Yugoslav Republic of Macedonia (FYROM) have led to the number

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  8. Pension reform a precarious battleground for Tsipras and Mitsotakis
    Photo by MacroPolis

    PoliticsGreek Politics

    Simitis but are not now actively involved in Greek politics. If Mitsotakis can convince much..., which are unfamiliar in Greek politics but also within his own party. It will take some time to see

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  9. Deadline for liberalisation of household and SME NPLs looms closer

    Economy

    friction and increase tension within the Greek society. The last multi-bill approved by Parliament.... Almost half of NPEs (49.4 percent) are covered by accumulated provisions in Greek banks’ balance sheets

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  10. Deposit inflows of 2.65 bln in Dec, highest positive flow since Feb 2013

    EconomyMacroeconomy

    The Greek banking system displayed deposit inflows of 2.65 billion euros in December following outflows of 390 million in November, Bank of Greece (BoG) figures showed on Friday. In absolute terms... this period. Meanwhile, Greek banks’ Eurosystem funding declined for the sixth straight month by 5.89

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