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  1. Cost of living remains public's top worry, as government slashes green transition budget
    Photo by MacroPolis

    PoliticsGreek Politics

    , versus 12.1 pct who picked the leftist opposition. Social democrats PASOK are narrowly beaten

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  2. New Democracy tries to win over voters with crackdown on bank charges, migration
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    severely brain-damaged after being beaten and sexually assaulted by a Pakistani migrant on the island

    7%

  3. Unemployment hit new high of 27.8 pct in October, set to rise further

    EconomyMacroeconomy

    Greece officially assumed the presidency of the European Union on Wednesday, with the highest unemployment rate in the 28-member bloc. According to the Hellenic Statistical Agency (ELSTAT), the seasonally adjusted jobless rate in October stood at 27.8 p...

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  4. Long-term jobless rate of 71 pct poses new set of social challenges for Greece

    Society

    There was a time when Greece’s unemployment rate caught the media’s attention as it quadrupled from 7.3 percent in the third quarter of 2008 to the recent record high of 27.8 percent in the first quarter of 2014. There is less of a fuss these days, thou...

    7%

  5. Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
    Photo by MacroPolis

    Economy

    Greek media reported on Tuesday that the Ministry of Finance (MoF) will soon table in Parliament a draft bill which will allow the conversion of Greek banks’ Deferred Tax Asset (DTA) into tax credit. The new legal framework has to be approved by the Eur...

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  6. ECB set to provide extra liquidity to Greek banks but capital needs remain an issue
    Photo by MacroPolis

    Economy

    In its latest comment on Greek banks, Fitch noted that they remain burdened by a large stock of non-performing loans (NPLs), despite capital enhancement and progress with their restructuring plans. On the key issue of the European Central Bank’s compreh...

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  7. First Greek presidential vote to set tempo for final ballot on Dec 29

    PoliticsGreek Politics

    The first round of the presidential ballot on Wednesday evening (7 p.m. Greek time) is unlikely to provide any clear indications about whether the current Greek Parliament will manage to elect a new head of state by the final vote on December 29. The go...

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  8. Varoufakis outlines contours of debt deal as haircut set aside
    Photo by MacroPolis

    PoliticsGreek Politics

    The outlines of what the new Greek government is aiming to ask of its eurozone partners in terms of debt relief emerged on Monday evening, when Finance Minister Yanis Varoufakis spoke to the Financial Times after meeting with British Chancellor George O...

    7%

  9. Greece prepares set of proposals for bridging deal with eurozone

    PoliticsGreek Politics

    One day after Prime Minister Alexis Tsipras’s presented his government’s policy programme in Parliament, the Finance Ministry has been briefing journalists on what will be the four pillars of Greece’s proposal to the Eurogroup on Wednesday. Unlike earli...

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  10. Greece's fiscal, debt and funding goals as set out at Eurogroup

    EconomyProgramme

    The Greek Finance Ministry leaked today all the key documents that were presented to Greece’s Eurozone partners during the last two Eurogroup meetings on February 11 and 16. We will examine some of the main economic parameters put forward by the Greek s...

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