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First round of local elections leave Greek politics finely balanced
PoliticsGreek Politicsto just edge out Sakellaridis for first place but the latter performed better than expected by beating... Attica governor. She caused an upset by gathering more support than incumbent Yiannis Sgouros, who... and Attica is a blow for the party, which took the risk of nominating candidates rather than following
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PASOK's future hangs in balance as Greece prepares for EU vote
PoliticsGreek Politicspercent of the vote. Getting even less than this in the EU vote would be a serious blow to PASOK... anything more than help overcome turbulence in the short-term. Equally, if Venizelos calls a party... in the EU elections prove better than expected then Venizelos will be under much less pressure, especially
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EU vote highlights Greek center-left's urgent need for renewal
PoliticsGreek PoliticsThe expectation that the PASOK-led Elia alliance would receive less than the 8 percent it got... accepted that the government’s legitimacy would be in question if Elia did not gain more than 10..., Greece's far right parties, Golden Dawn and LAOS, came away with more than 12 percent. Compared
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Data for May shows Greek PMI in growth territory for second straight month
EconomyMacroeconomyin production levels in May was slightly lower than that in April, but it remained solid, according... levels was slightly higher than that of inflows of new orders partly reflecting the continued progress... since the end of 2007, although the rate of job creation was slower than that posted in April. Firms
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In the absence of light, darkness grows
Agorathat although Golden Dawn won about 95,000 votes more than it did in the 2012 elections, this proves... Democracy, which lost more than 525,000 votes since June 2012? Even if we were to set all this aside... the last two years. If they had, the conclusions they would have drawn might have elicited more than
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyrevision mainly reflects higher forecasts for revenues (by 1 billion), more than offsetting higher... of 620 million to April) more than offsetting lower Public Investment Budget (PIB) balance (-129 million... is lower than the 495 million recorded in April. In contrast, the May budget deficit stood at 839
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Political tremors shake Spain, overshadow economic progress
Agoraparties The PP and the PSOE’s joint share plummeted to less than 50 percent for the first time... for these two parties totalled 16.5 percent of the votes, seven percentage points less than the PSOE. However... jobless people. Around 60% of them have not worked for more than a year nor did 1.2 million workers over
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Drop ‘til you shop
Agoraof consumers of need rather than choice. Nevertheless, this is the debate that has been prompted... is that most Greeks simply do not have enough money to shop anything other than pretty much the basics... for working on Sundays if the scheme is to be anything other than a cheap stunt for owners to pocket
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UnLuCky for some: Another painful lesson from the euro crisis
Agorathe damage on the economy and employment than had been thought initially. When this was combined... they did not control. The euro’s problems suddenly became national rather than common. Until... than resources who managed to keep their employment. Even if you want to take the “Protestant” view
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Parliament's budget office sees Greek recovery finely poised
EconomyMacroeconomythat the Greek economy could grow by more than expected this year but that a series of concerns... weigh on the recovery. The PBO estimates that the economic recovery this year may be stronger than... is one of the biggest in the world, higher than that of other countries with systemic crises
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