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It's the hope that kills you
Agorawith the message of the authorities that Greece had beaten the pandemic and was now open for business
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Tsipras makes pre-emptive peace offering to next KINAL leader ahead of final vote
PoliticsGreek Politicson the task of “renewal” within KINAL. If he wins on Sunday, he will have beaten off challenges from
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Newsletter 352 - 23/09/2022
as the targets up to August were comfortably beaten, by close to 6 billion euros. Revenues were 5.7 billion
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Cost of living remains public's top worry, as government slashes green transition budget
PoliticsGreek Politics, versus 12.1 pct who picked the leftist opposition. Social democrats PASOK are narrowly beaten
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New Democracy tries to win over voters with crackdown on bank charges, migration
PoliticsGreek Politicsseverely brain-damaged after being beaten and sexually assaulted by a Pakistani migrant on the island
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Unemployment hit new high of 27.8 pct in October, set to rise further
EconomyMacroeconomyGreece officially assumed the presidency of the European Union on Wednesday, with the highest unemployment rate in the 28-member bloc. According to the Hellenic Statistical Agency (ELSTAT), the seasonally adjusted jobless rate in October stood at 27.8 p...
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Long-term jobless rate of 71 pct poses new set of social challenges for Greece
SocietyThere was a time when Greece’s unemployment rate caught the media’s attention as it quadrupled from 7.3 percent in the third quarter of 2008 to the recent record high of 27.8 percent in the first quarter of 2014. There is less of a fuss these days, thou...
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Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
EconomyGreek media reported on Tuesday that the Ministry of Finance (MoF) will soon table in Parliament a draft bill which will allow the conversion of Greek banks’ Deferred Tax Asset (DTA) into tax credit. The new legal framework has to be approved by the Eur...
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ECB set to provide extra liquidity to Greek banks but capital needs remain an issue
EconomyIn its latest comment on Greek banks, Fitch noted that they remain burdened by a large stock of non-performing loans (NPLs), despite capital enhancement and progress with their restructuring plans. On the key issue of the European Central Bank’s compreh...
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First Greek presidential vote to set tempo for final ballot on Dec 29
PoliticsGreek PoliticsThe first round of the presidential ballot on Wednesday evening (7 p.m. Greek time) is unlikely to provide any clear indications about whether the current Greek Parliament will manage to elect a new head of state by the final vote on December 29. The go...
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