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  1. Greeks’ wealth fell by 0.6 pct in 2016 for third straight decline
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    and 2016. From its peak in 2007, Greece’s wealth has slumped by 622 billion or by 39.6 percent in 2016, while the respective figure for Europe has dropped by 9.7 percent over this nine-year period to 73.3

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  2. What Greece’s draft agreement with lenders foresees on labour and pension reforms
    Photo by Panayiotis Tzamaros

    EconomyProgramme

    , the issue of lockout is unresolved, while it has been agreed the notification period for a strike... recalculation must be finalised by December 2017. We highlight that the government has pledged any

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  3. Eurogroup leaves Greece snared between its creditors
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    for Germany has shaped Greece’s fate and caused significant problems in Greek politics. It is widely..., with what Athens describes as “extreme demands” seems unavoidable. There is a sense that Greece has

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  4. Tsipras weighs up options amid concern about mired talks
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and Germany, is usually when Athens has started to lose hope of getting a deal that it deems suitable to its... of the programme in two years could change the amount of fiscal distance Greece needs to cover. The government has

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  5. Building activity edged up 1 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    in the third quarter (Q3). From its peak of 102.2 in Q3 2008, the apartment prices index has tumbled by 42 percent. Meanwhile, the housing loan balance has contracted by 19 percent since 2011

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  6. Flare-up between Athens and IMF fuels doubts over review breakthrough
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , suggesting that Athens is at fault for the high primary surplus targets it has to meet brought an instant... a positive outcome. “Given how much progress has already been made, an agreement on the review could

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  7. Athens, Nicosia buoyed by EU role in Cyprus talks
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    PoliticsForeign Policy

    for the Cyprus issue it is important that all EU member states expressed their support.” It has been... for this meeting to take place before January 12. Even though Erdogan has not clarified yet whether he

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  8. PMI rises to 49.3 in Dec but likelihood of growth remains slim

    EconomyMacroeconomy

    . Greek manufacturers reported a drop in their backlogs in December. This has been the case since July... the worst quarter of the year for Greek goods producers.” For 2016, Markit stressed “it has been

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  9. Athens eyes fiscal compromise to complete programme review
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . The government has hinted over the last few weeks that it would be ready to make this concession to reach... in the Greek government. The IMF has made it clear that it believes further reduction in pension spending

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  10. Creation of unified social security fund poses new challenge for govt
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The war of words between the government and New Democracy over the ongoing review has intensified and will undoubtedly be the main political battleground in the weeks to come. New Democracy argues... it as a capitulation that has negative implications for the Greek economy, while in the case

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