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  1. PM makes limited, cautious changes to cabinet after election disappointment
    Image: www.primeminister.gr

    PoliticsGreek Politics

    , where she is replacing one of the few other female ministers, Domna Michailidou, who had only been put in charge of the portfolio in January. Theodoros Livanios, one of the youngest members... at a range of ministries. One potentially significant change announced on Friday by Mitsotakis

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  2. Waiting for Godot in Greece
    Photo by Harry van Versendaal

    Agora

    piece of European literature. As the government of Prime Minister Antonis Samaras awaits... politician or piece of structural reform obligation is responsible for this endless conundrum. While... of emails, frequent telephone hotlines and video conferencing. One wonders why face-to-face interaction

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  3. Wage ruling gives gov't immediate fiscal headache, political one may come later

    PoliticsGreek Politics

    and even then it can only be put towards one-off measures, not those of a permanent fiscal nature

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  4. Only one in 10 jobless Greeks receiving unemployment benefits
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    Only one in ten of the registered unemployed in Greece are in receipt of any kind of unemployment assistance, according to new figures released by the state jobs agency OAED. According to data for the month of March, a total of 1,057,350 were registered as jobless, which represented a slight

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  5. S&P lowers Greek long-term rating by one notch to CCC-

    Economy

    S&P lowered on Monday Greece’s long-term rating by one notch to ‘CCC-‘ from ‘CCC’ with negative outlook. Greece’s rating by S&P is now the lowest among the rating agencies with Fitch’s rating at ‘CCC’ and Moody’s at ‘Caa2’, which is equivalent to ‘CCC’. Based on the S&P sovereign calendar, the next

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  6. Moody's downgrades Greece's rating by one notch to Caa3

    Economy

    Following S&P and Fitch, Moody’s downgraded on Wednesday Greece’s government bond rating by one notch to Caa3 from Caa2, while rating is on review for further downgrade. The key driver that triggered the downgrade lies with the fall in the probability of support to Greece since the previous

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  7. Pension reform to be one of new government's toughest challenges in next weeks
    Photo by MacroPolis

    EconomyProgramme

    Reform of the Greek pension system will be one of the thorniest issues in the third bailout programme that the new government will have to tackle. It is a key milestone in the coming months. Top eurozone officials recently stated that pension reforms are also key for unlocking the next tranche of 3

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  8. S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March

    Economy

    In an unexpected move, S&P upgraded Greece’s rating by one notch to ‘B-‘ from ‘CCC+’ on reform progress with a stable outlook. The last time Greece was ‘B’ rated was also by S&P almost 12 months ago. The rating agency assesses that Greece broadly complies with the conditionality of the third

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  9. NBG records loss of 2.05 bln in Q4 on one-offs and jump in credit risk provisions
    Photo by MacroPolis

    EconomyBanking

    million and goodwill write-off of 432 million) 2) One-offs of 138 million, with the bulk stemming from

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  10. PMI drops for third straight month to hit one-year low of 48.3 in Nov

    EconomyMacroeconomy

    during November as the headline PMI slumped to its lowest level in one year.” “Weaker demand

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