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  1. IMF argues case for further reform of pension system
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    One of the issues discussed in a recent International Monetary Fund paper deals with the Greek pension system and notes that the most recent reform goes in the right direction since it removes some... retirement. At that time the Greek figure was the second highest in eurozone after that of Italy

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  2. Athens and lenders left with gap to bridge ahead of Eurogroup
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    paving the way for the return of the institutions to Athens. The Greek government is still looking... about Greek pensions is driven by demands of its creditors. They argue that the pension system

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  3. Gains of 2.5 pct for stocks this week amid subdued trading volumes
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    Despite the lack of positive developments ahead of Monday’s Eurogroup, the Greek stock market traded mostly in positive territory this week, climbing 2.5 percent with low trading volumes. Most... highest level since January 26. Since the end of last month, Greek shares are up 4.5 percent trimming

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  4. Central government debt rises to 326.4 billion on ESM disbursement
    Photo by MacroPolis

    EconomyMacroeconomy

    billion in total, of which 52.9 billion relate to the Greek Lon Facility (GLF) bilateral loans..., Greek government bonds (GGBs) eased by 140 million QoQ to 56.63 billion in Q4 making up 17.4 percent

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  5. BoG sees chance of normality returning if review concludes swiftly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of self-employed contributions. Greek banks’ non-performing exposures (NPEs) continued heading south... programme review that will also allow for the inclusion of Greek government bonds in ECB quantitative easing

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  6. Tsakalotos role under scrutiny as talks become more tense
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    be counter-balanced by expansionary interventions put forward by the Greek side. Tsakalotos also... that the debt relief issue is out of Greek hands and, as such, the government cannot control when

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  7. Athens prepared to legislate measures before global deal with lenders
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The Greek government appears to have relaxed its position on the legislation of new measures before a global deal with the institutions has been reached. Speaking during a regular press briefing... of the negotiations currently taking place in the Greek capital but insisted that the government believes

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  8. Lack of trade-offs for Athens keep deal with creditors out of reach
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    measures. With regard to the labour market, the Greek government has been clear that it would like... percent of the workforce to 10 percent. Athens believes the Greek labour market is already flexible

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  9. Round of talks nearing end with limited progress, serious doubts about March 20 goal
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    Following a series of inconclusive meetings over the previous days, some progress was apparently recorded during discussions between Greek ministers and the institutions’ mission chiefs on Monday... played down concerns over yesterday’s GDP figures, which showed that the Greek economy contracted

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  10. Piraeus Bank appoints new CEO, ending a long period of uncertainty
    Photo by MacroPolis

    EconomyBanking

    from June 2013, after the first round of recapitalisation of Greek banks, when Eurobank’s capital... with his deep understanding of the Greek market will be invaluable to the success of Piraeus

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