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  1. No victory, just plenty of misery

    Agora

    commentators that end up resembling cheerleaders rather than sober judges of the events that have unfolded... of 24 billion and a total deficit of more than 36 billion. On top of this derailment of public... mean having to wipe out a 24-billion-euro deficit and balance the budget in one fell swoop rather than

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  2. Another big drop for building activity, which fell by 35.3 pct in January
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    region (Athens, Piraeus and suburbs) stood at 25.4 percent, slightly lower than the country average... that is three times higher than the GDP contraction over the same period. Housing loans – indirectly related... of September 2013, which is more than 3.5 times higher than the end-2009 figure of 7.4 percent, according

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  3. Primary budget surplus passes 1-bln mark for 2014 but revenue shortfall widening
    Photo by MacroPolis

    Economy

    to April narrowed by 52.8 percent to 1.14 billion euros. Although at lower than the first quarter... (390 million), which more than offset lower net revenues (1.05 billion). The monthly performance... than April 2013 figure. The budget deficit in April also shrank by 35.1 percent year on year (YoY

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  4. One night in Cannes

    Agora

    crisis than (then Prime Minister) George Papandreou's decision on October 31 2011 to announce... they decided they would rather deal with the potentially catastrophic fallout from a Greek exit rather than... and rioting on the streets. But less than five months later the conservative leader had the chance

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  5. Local elections in Greece a precursor of European vote
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    tend to throw their support behind candidates rather than directly nominate them. Nevertheless... that if a mayoral candidate gets more than 42 percent in the first round, he or she is elected... than the first. It has been suggested that a lower turnout next Sunday suits the government as it would

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  6. First round of local elections leave Greek politics finely balanced
    Photo by MacroPolis

    PoliticsGreek Politics

    to 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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  7. PASOK's future hangs in balance as Greece prepares for EU vote
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    percent 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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  8. EU vote highlights Greek center-left's urgent need for renewal
    Photo by MacroPolis

    PoliticsGreek Politics

    The 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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  9. Data for May shows Greek PMI in growth territory for second straight month

    EconomyMacroeconomy

    in 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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  10. In the absence of light, darkness grows
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    that 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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