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  1. Q3 unemployment falls to 25.5 pct, lowest since 2012, but long-term jobless reach new high
    Photo by MacroPolis

    EconomyMacroeconomy

    for a job who have never worked in the past) rose to 24 percent in Q3, also higher than last year’s figure... year entered the labour market in Q3 2014 and are looking for a job. Today’s figures also showed

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  2. Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets
    Photo by MacroPolis

    EconomyBanking

    will be fully consolidated in Piraeus’s financial statements, meaning that the transferred loans... and hedge funds. Piraeus’s announcement on Thursday came just two days after the Bank of Greece

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  3. New claim of attempt to bribe MP casts shadow over presidential vote

    PoliticsGreek Politics

    their lawmakers. Last month, another of the party’s 12 deputies claimed that someone claiming to have ties... party. The meeting took place around the time that Samaras’s former cabinet secretary Takis Baltakos

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  4. Sharp monthly rise in unpaid taxes to 1.59 bln for November
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s unpaid taxes jumped to 1.59 billion euros in November from 1.22 billion in October, according to data released on Monday by the General Secretariat of Information Systems (GSIS... percent increase on last year’s item of 8.26 billion. GSIS figures show that legacy debt (created

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  5. Leaders draw battle lines as Greece heads to snap polls on Jan 25
    Photo by MacroPolis

    PoliticsGreek Politics

    on the 168 votes it garnered in the second round of voting. Prime Minister Antonis Samaras’s decision... focussed on SYRIZA’s part in the failure to elect a president, stressing that the leftists voted

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  6. Greek retail sales back on upward course in October after brief dip

    EconomyMacroeconomy

    After a short-lived drop of 0.9 percent in September, the turnover of Greece’s retail trade index rose by 0.5 percent in October, according to the Hellenic Statistical Agency (ELSTAT... by 3.7 percent in October from 2.2 percent in September. October’s growth rate is the seventh positive

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  7. Manufacturing PMI up for third straight month but still falls short of growth

    EconomyMacroeconomy

    Greece’s Manufacturing PMI increased for the third successive month by 0.3 points to 49.4 in December from 49.1 in November, according to Markit. Although slightly improved, the headline figure...”. “The sector’s contribution to overall economic growth in the final quarter looks to have been

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  8. What is SYRIZA's stance on negotiations with the eurozone?
    Photo by MacroPolis

    EconomyProgramme

    The key themes of SYRIZA’s economic policy involve asking for a write-οff of nominal debt, a renegotiation of loan terms with the troika and the implementation of the 3-pillar programme initially revealed at the International Trade Fair (ITF) in Thessaloniki last September. The party’s initial

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  9. General government cash surplus widens to 3.68 bln in November, arrears down by 502 mln

    EconomyMacroeconomy

    , according the gg bulletin published by the Ministry of Finance (MoF). Today’s figures also showed the gg... percent year on year from last year’s exceptionally high figure of 2.16 billion. Arrears After increasing

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  10. Third of Greek households trapped in debt and poverty, study suggests
    Photo by Harry van Versendaal

    Society

    Over a third of Greek homes are mired in poverty and debt, largely due to disposable incomes nose-diving below the poverty line and the pilling up of household bills, a survey from a country’s... percent, this percentage is up a full ten points on 2012’s figure and 48.6 percent in 2013. Only 32.1

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