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  1. Coalition starts to feel backlash from latest round of measures
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    The government is expected to unveil a second multi-bill on Thursday as it aims to catch up with the list of prior actions it needs to carry out to receive the next bailout tranche of 2 billion euros and then move on to the first review of the third bai...

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  2. Greece passes latest omnibus bill, looks to next actions ahead
    Photo by MacroPolis

    EconomyProgramme

    The omnibus bill with the second set of prior actions required for the disbursement of the next sub-tranche of 2 billion euros was voted through the Greek Parliament on Thursday evening. The bill was approved by the 153 coalition MPs, while To Potami vo...

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  3. Cosco's 369 mln Piraeus Port improved bid accepted, seals latest privatisation
    Photo by Harry van Versendaal

    EconomyBanking

    Hellenic Republic Asset Development Fund said on Wednesday afternoon it accepted COSCO’s improved financial offer for the sale of 67 percent stake in Piraeus Port Authority (OLP). The offered amount stands at 368.5 million, which corresponds to 22 euros...

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  4. Greece's latest GDP figures and what to expect for the rest of the year
    Photo by MacroPolis

    Agora

    The flash estimates released by the Hellenic Statistical Authority (ELSTAT) on Friday were a positive surprise, with the seasonally-adjusted (SA) GDP growing by 0.3 percent quarter on quarter (QoQ) in the second quarter (Q2) of 2016, while it contracted...

    6%
  5. Latest data highlights how hard it is for unemployed Greeks to find jobs
    Photo by MacroPolis

    Society

    Out of all the people in Greece who were unemployed in the fourth quarter 2015, 94.6 percent remained out of work in the first quarter 2016, in what is the highest rate in the European Union, data from Eurostat has shown. Only 4.3 percent of jobless Gre...

    6%
  6. Arrears clearance meets September target, unlocks latest tranche
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    The European Commission (EC) published a note for the Eurogroup Working Group on Tuesday regarding the monitoring of net arrears clearance in the July-September period. Its positive assessment paved the way for a decision by the Board of Directors of th...

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  7. Greece and institutions wrap up latest talks with no progress on difficult issues
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    Discussions between the institutions’ mission chiefs and Greek officials continued on Thursday without any agreement on the out-of-court mechanism, energy, justice and product markets that were in focus during the meetings. Energy Minister Giorgos Stath...

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  8. In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    Bank of Greece (BoG) published on Thursday the second issue of its semi-annual overview of the Greek financial sector and provided an update on the key banking figures, mostly related to loan quality, in the first half of 2016. The BoG also conducted a ...

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  9. Labour Ministry publishes latest pension breakdown

    EconomyMacroeconomy

    The Labour Ministry's bulletin of the Computer Centre for Social Security Services (IDIKA) published on Sunday for the first time since the summer of 2015. The bulletin showed that a total of 4.55 million pensions were paid in December 2016, totalling 2...

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  10. Fires latest obstacle to coalition's momentum-building efforts

    PoliticsGreek Politics

    The government and opposition continued to trade accusations over the recent forest fires on Thursday as the coalition struggled to play down the damage done by the blazes over the last few days. Following a meeting between Prime Minister Alexis Tsipras...

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