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  1. Athens treads fine line as talks with Ankara beckon following Aegean stand-off
    Photo by MacroPolis

    PoliticsForeign Policy

    Just a few days following Turkey’s decision to abstain from seismic research in disputed areas in the Aegean as a gesture of goodwill that could facilitate the beginning of discussions between Athens and Ankara, the situation does not look straightforwa...

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  2. Govt tries to fend off claims of disarray in Covid-19 reporting, coordination

    PoliticsGreek Politics

    The government is under intense pressure over its handling of the Covid-19 crisis after media reports over the weekend suggested that there had been serious faults in the way the National Health Organisation (EODY) handled data, based on which experts w...

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  3. Eurobank posts loss of 1.21 bln euros in 2020 as it sheds off bad loans
    Photo by MacroPolis

    EconomyBanking

    Eurobank posted its biggest loss since 2014 last year as the price of a restructuring that will bring down its bad loans ratio to a level approaching the European average. The full-year loss for 2020 came to 1.21 billion euros, compared with a profit of...

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  4. Podcast - Greece's year of trying to shake off Covid-19

    Agora

    Greece has been grappling with the coronavirus for just over a year, sometimes with success but other times less convincingly. As Greece went past 10,000 Covid-related deaths and prepares to reach 3 million vaccinations this week, The Agora looks back a...

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  5. Budget primary deficit at 8.14 bln by end-May, almost 1 bln off target
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a deficit of 8.14 billion euros in the first five months of the year, compared to a deficit of 4.84 billion in the same period of 2020, the final Finance Ministry (MoF) budget execution bulletin for May showed...

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  6. New Covid measures readied as doubts about key cabinet choices rub off on PM

    PoliticsGreek Politics

    The first opinion poll to be published since the recent cabinet reshuffle provides the first indication that Prime Minister Kyriakos Mitsotakis’s personal popularity has taken a direct hit for government decisions. For the first time since April 2020, t...

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  7. Economic sentiment drops off in Sept as consumer confidence falls for fourth month
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Following a series of rises, Greece’s economic sentiment (ESI) dropped in September by 3.3 points month-on-month to 109.7 points, from a rise of 1.8 points in August, according to European Commission figures released on Wednesday. Economic sentiment had...

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  8. S&P holds off on new rating upgrade, ECB holds key to investment grade
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Although the rating review by S&P scheduled for last Friday had created some anticipation that a further credit rating upgrade could be on the cards, the rating agency did not publish a review, closing the year with a ‘BB’ grade and positive outlook. Th...

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  9. Athens treads carefully over Ukrainian stand-off
    Photo via https://flic.kr/p/2n1cLeb

    PoliticsForeign Policy

    Greece is closely monitoring developments on the Ukrainian crisis but has no intention of being caught up in the fierce confrontation between the West and Moscow. Athens does not wish to take sides in the dispute. This was evident in statements made by ...

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  10. DBRS moves Greece a notch closer to investment grade as Moody's holds off
    Photo by MacroPolis

    Economy

    The Greek authorities anticipated two credit rating upgrades on Friday but had to settle for one as DBRS upped the country’s rating by one notch and just one step away from investment grade. The outlook was also revised from positive to stable. Moody’s ...

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