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  1. S&P dashes Greece's hopes for an upgrade

    Economy

    Despite initial government expectations for an upgrade, Standard and Poor’s (S&P) affirmed today Greece’s rating at ‘B-/B’ and stable outlook. According to S&P, the rationale of Greece’s rating reflects its view of high (albeit long-dated) debt burden and onerous external debt position (400 percent

    4%
  2. A return to capital markets for Greek banks but no return to domestic lending
    Photo by Can Esenbel [www.mundanepleasures.com]

    Agora

    Standard & Poor's identified these risk factors in Piraeus and Alpha Bank's balance sheets as significant

    4%
  3. Social support in Greece not adequate enough to deal with crisis, says OECD
    Photo by Harry van Versendaal

    Society

    A recent OECD study examining the aftermath of the crisis has highlighted the social difficulties that have been created but also points the inequalities that were created by a poor welfare system before the country’s economic problems began. The paper highlights five key areas that require

    4%
  4. Greek coalition reaches milestones but PASOK looking increasingly weary

    PoliticsGreek Politics

    only one MEP. Such a poor performance may lead to Venizelos’s leadership coming under threat or split

    4%
  5. PASOK stakes coalition survival on voters’ fear of uncertainty
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    With no traction in opinion polls and concern growing within the party about how to handle the post-May 25 fallout, PASOK has gambled on Greeks’ uncertainty about the future by warning that a poor European Parliament election result for the centre-left Olive Tree alliance could bring down

    4%
  6. Possibility of post-election breakup dogs Greek coalition

    PoliticsGreek Politics

    as far as suggesting that a poor showing for the Olive Tree would send him directly to President Karolos

    4%
  7. EU vote highlights Greek center-left's urgent need for renewal
    Photo by MacroPolis

    PoliticsGreek Politics

    that pre-election opinion polls created, Elia’s 8 percent was a poor result. In fact, even when

    4%
  8. Election results in Greece lift uncertainty, for now
    Photo by MacroPolis

    Agora

    for Elia and the poor performance of DIMAR. The result gives breathing space to the government

    4%
  9. EU elections do not mark end of numbers game in Greek politics
    Photo by MacroPolis

    PoliticsGreek Politics

    MPs) and Independent Greeks (15 MPs) are going through internal turmoil following poor results

    4%
  10. Stomach for the fight
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    to counter something negative such as a bad election result, poor poll ratings, a scandal, a resignation

    4%