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  1. New Democracy gains MP as new effort to launch nationalist party announced

    PoliticsGreek Politics

    for entering Parliament) and its presence in Parliament (it is down to seven MPs) has perhaps spurred... Democracy politician insists that his party will not vote for the deal and has hinted that it could quit

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  2. June primary cash surplus at 6.49 bln as revenue increase offsets higher expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    . The latest figure is the first time since January this year that aggregate expenditure has increased year... the PIB balance came to a deficit of 92 million, the balance has improved by 55 million euros

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  3. IMF insists labour market reforms need to be preserved
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    Ahead of the publication of the Article IV consultation for Greece which is due to be discussed by the International Monetary Fund’s (IMF) executive board on July 27, the Fund has reiterated its key... and product market reforms and improving the business environment. The IMF has consistently been

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  4. Deadly wildfires likely to heap pressure on Tsipras and ministers

    PoliticsGreek Politics

    Devastating wildfires around Athens are thought to have claimed the lives of more than 50 people and wreaked extensive damage in what appears to be the worst disaster of its kind Greece has suffered... 90 people were killed, has the death toll reached the kind of numbers seen on Monday, when blazes

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  5. Tsipras tries to take lead in fire response amid picture of confusion
    Photo by Gerasimos Domenikos/Fosphotos

    PoliticsGreek Politics

    , the bold but necessary incisions were not made,” he said. Repeating another theme that his government has... into events in Mati. The head of the Athens first instance prosecutor’s office has been questioning

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  6. Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
    Photo by MacroPolis

    EconomyBanking

    compared to the figure of 16.4 million in Q1. Since June 2017, NPL stock has declined by 2.3 billion... funding has declined by around 4.3 billion euros. The decline was achieved mainly by deposit inflows

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  7. Greece tops OECD countries for tax rises and spending cuts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    The Organisation for Economic Cooperation and Development’s (OECD) latest report on tax policy reforms has highlighted the extent of increased taxation in Greece in recent years. The annual report... framework. It found that tax collection has improved, but that evasion remains high due to high

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  8. Industrial production grows by 1.9 pct in July for year's second highest rise

    EconomyMacroeconomy

    , industry confidence has risen by 6.1 points. Additionally, the latest Markit Manufacturing PMI came to 53.9 points in August from 53.5 in July. The index has stayed above the 50-point mark for close

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  9. ND defends economic pledges as Kammenos repeats walkout threat
    Photo via @neadimokratia

    PoliticsGreek Politics

    . The leftists argue that they are interested in creating conditions for equitable growth now that Greece has... and wages of workers. SYRIZA argues that Mitsotakis favours the wealthy instead and has highlighted

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  10. Hirings balance in August turns negative by 7,748
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    , though slowing from July’s negative figure of 8,610. Compared to August last year, the balance has... and 15 percent of hirings, respectively. The Greek job market in recent years has been characterised

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