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S&P revises outlook to positive, sees encouraging signs after debt deal
Economyto positive from stable. S&P’s rating of ‘B+’ is ahead of the rest of the agencies. Fitch has Greece on ‘B... of the financial sector. Outlining its rationale, S&P suggests that Greece’s policy predictability has
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Deadly wildfires likely to heap pressure on Tsipras and ministers
PoliticsGreek PoliticsDevastating 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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Tsipras tries to take lead in fire response amid picture of confusion
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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Industrial turnover up by 17.4 pct in June for highest rise in year so far
EconomyMacroeconomyon Monday showed. The latest figure means that the index has remained positive for six straight months... months of negative readings. In the year so far, industry confidence has risen by 5.2 points.
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Coalition tweaks labour market, lines up more post-MoU changes
PoliticsGreek PoliticsPrime Minister Alexis Tsipras is putting the finishing touches to the package of policy pledges he is due to make at the Thessaloniki Expo (DETH) on Saturday, but his government has already taken... to a reduction in the ENFIA property tax (a measure that has also been promised by New Democracy
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Greece tops OECD countries for tax rises and spending cuts
EconomyFeaturesThe 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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Births rise slightly, divorces fall in latest living conditions report
SocietyThe latest report on living conditions in Greece by the Hellenic Statistical Authority (ELSTAT) has revealed a mild improvement in several areas, while capturing how the country’s economic troubles... since. In 2016, the latest year for which data has been made available, the number of marriages dropped
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ND defends economic pledges as Kammenos repeats walkout threat
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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Hirings balance in August turns negative by 7,748
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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Industrial turnover rises by 17.5 pct in July for seventh positive month
EconomyMacroeconomy. The latest figure means that the index has remained positive for seven straight months after the negative..., industry confidence has risen by 6.1 points.
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