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  1. EU Task Force sees improvements in Greece, tends to damaged ties

    PoliticsGreek Politics

    period, the Task Force also highlights the technical assistance it has provided, such as training 500... to provide Greece with tangible help that goes some way to mending broken ties. The crisis has severely... level, a substantial amount of effort has been made to strengthen Greece’s relationship with the EU

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  2. Unemployment unchanged at 25.6 pct in Mar but number of employed still falling

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate remained unchanged at 25.6 percent in March...-seasonally-adjusted (NSA) jobless rate jumped by 1.6 percentage points (pp) to 27.4 percent in March... rate reflects a drop in the number of employed and unemployed by 0.5 and 0.4 percent month on month

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  3. Programme review talks continue, progress on tax, pensions and NPLs at a premium
    Photo by MacroPolis

    EconomyProgramme

    , the government has proposed the introduction of an additional tax rate of 40 percent for income above..., with the lower rate of 22 percent to be applied for annual incomes up to 22,000. Until now, this rate... with the latter not benefitting from the tax break. At the moment, the self-employed are taxed with a rate

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  4. Merkel reluctant to discuss targets as Athens prepares bill with wide-ranging tax cuts

    PoliticsGreek Politics

    that will have immediate effect is the tweaking of the VAT rate so that all food products and everything served in the catering sector have a 13 percent rate. Despite the intervention from the previous government to reduce the rate from 24 percent for both, some products, such as coffee served

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  5. Unemployment drops to 16.3 pct in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate came to 16.3 percent in December from 16.5... time last year, the unemployment rate came to 18.5 percent. The current month’s reading is the lowest... million unemployed in September 2013, unemployment has shown a fall of 44 percent. The overall labour

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  6. HFSF sets out bank divestment strategy, marking final chapter in turbulent story

    EconomyBanking

    into the most important and the largest, in terms of value, investment that the Greek state has made... with the holding at Alpha trimmed to 66.2 pct, in Eurobank to 35.4 pct, in NBG to 57.2 pct and in Piraeus... tumultuous decade and no shareholder has been hurt more than HFSF. Over just three years, from the first

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  7. Elections results present fresh challenges for SYRIZA and New Democracy

    PoliticsGreek Politics

    as possible.” It is far from the first time that SYRIZA has asked for snap polls but the first time it has... while retaining its credibility. SYRIZA has often undermined itself in the last few months.... A lack of belief in SYRIZA being able to manage key political issues has been one of the main factors

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  8. Another euro stitch unpicked
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    Agora

    night to stop accepting Greek government bonds as collateral from local lenders has minimal practical impact in the short-term but maximum effect in symbolic terms. There has been some fine analysis..., the decision to pull funding has to be a political one, so even in the extreme case where

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  9. As negotiations start, Greek coalition draws confidence from public opinion
    Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    has led to some Greeks holding back payments. In his policy programme speech on Sunday, Prime... of whether it has Greeks’ support in adopting a completely different negotiating line to previous..., since the elections there has been a dramatic drop in the amounts being withdrawn by Greeks

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  10. As talks enter final stretch, Tsipras addresses broad, varied audience
    Photo by MacroPolis

    PoliticsGreek Politics

    addresses the current negotiations with lenders, arguing that Greece has performed a considerable adjustment over the last few years. Tsipras also claimsthat his government has taken positive steps since coming to power, such as tackling triangular transactions, and has presented a range

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