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  1. Minister's actions put PM on the spot as politicians' loans stir controversy

    PoliticsGreek Politics

    pounce upon. Also, Polakis clearly serves a purpose for SYRIZA. His abrasive style may be a turn-off... Documento weekly, which claim that the same off-shore source provided finding for the latter’s business

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  2. Budget primary surplus at 382 mln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    figures to cover the one-off payments related to law 4575/2018 that were not completed in 2018 (in non-allocated expenditures). The MoF said that these one-off payments that took place until June 2019... revenue breakdown will be provided upon the release of the final budget execution bulletin due on July

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  3. Post-election blamestorming or Why Harris lost and the Democrats should nominate Oprah
    Photo by MacroPolis

    Agora

    economists be damned, voters were convinced they’d been better off under Trump. They could live..., the Democrats would have been better off nominating the famous television host – a wildly popular chat...As an American expat in Europe, it is a familiar quadrennial exercise to be called upon to explain

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  4. Banks’ EFSF bonds QE eligible but with little impact on liquidity
    Photo by Andreas Levers via Flickr https://flic.kr/p/5L8Zvu

    Economy

    on outright selling of EFSF bonds held by Greek banks have been lifted. This applies only for the participation of Greek banks’ EFSF bond holdings in ECB quantitative easing (QE) in the context of its Public Sector Purchase Programme (PSPP). This means that at the moment Greek banks cannot sell their entire

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  5. Early IMF repayment next goal for Athens after concluding second post-MoU review
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    Parliament elections on May 26 as the conditions in the Greek debt market remain very favourable...The Greek government is aiming to come to an arrangement with its lenders in the coming days so that it can pay off early at least some of the 10 billion euros it owes to the International Monetary

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  6. A sudden turnaround that could lead to sharp shock
    Photo by MacroPolis

    Agora

    closed in 2013, with the economy contracting by 3.2 pct. By 2013 total Greek economic activity had.... The composition of Greek GDP altered during the crisis, with investment halving, primarily as a result... hit the Greek economy through external demand. This was initially evident in services, as tourism

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  7. Greek tourism building strength but needs to diversify, PWC study finds
    Photo by MacroPolis

    EconomyFeatures

    PWC Greece has released an overview of the Greek tourism industry which analyses the industry’s current developments and future potential. The study, titled “The Next Day of Greek Tourism” showed that demand for Greek tourism has grown steadily since 2012, but remains concentrated across the summer

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  8. May PMI still in expansion as firms report supply chain and cost issues
    Photo via https://flic.kr/p/vFAyry

    EconomyMacroeconomy

    in the Greek manufacturing sector have been improving for more than a year. The rate of growth... export markets in Europe. Greek manufacturers also reported disruptions in the supply chains... those cost challenges, Greek manufacturers moderated their selling price increases. In their effort

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  9. What Dijsselbloem didn't say
    Photo by Fosphotos

    Agora

    the Greek government condemned his remarks as being “unhelpful.” The Dutch finance minister, who may... bailout, a flaring up of the Greek crisis and the antics of Yanis Varoufakis, among others. This would... with strict conditionality. Although this staved off disorderly defaults and the pain they would bring

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  10. Newsletter 67 - 18/03/2016

    Newsletters

    After a series of meetings during the week between Greek ministers and the mission chiefs on the open... requires a Greek compromise on many fronts. The institutions remain firm in their stance that the full... had lowered the emergency liquidity assistance (ELA) ceiling of Greek banks by 100 million to 71.3

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