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  1. Fitch upgrades Greek credit rating to B with stable outlook

    EconomyMacroeconomy

    As previously rumoured, Fitch upgraded on Friday Greece’s rating by one notch to ‘B’ from ‘B... was published on May 14, 2013 when long-term rating was raised by one notch from ‘CCC’ to ‘B-‘. Greece’s highest credit rating is the one from Fitch, followed by S&P’s ‘B-’ with stable outlook, which was set

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  2. Greek-German relations: Perception versus reality

    Agora

    There is currently much talk about what kind of conclusions one should draw from the recent..., as if the need to act urgently did not already exist beforehand. One key indicator of this discussion... between these impressive levels of tangible cooperation and technical support on the one side

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  3. PASOK's growing internal strife hampering Greek coalition
    Photo by MacroPolis

    PoliticsGreek Politics

    Minister Michalis Chrysochoidis, one of the few heavyweights left within PASOK. The minister reportedly... one of the coalition’s commitments since it was formed in June 2012. Under the Greek Constitution, any change to the electoral law would not apply in the upcoming vote but in the one after

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  4. Greek debt: A case of learned helplessness?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    restructuring by its eurozone partners although it was evident that one was necessary. Instead, Athens..., Greece’s solvency crisis was presented as a liquidity one, prompting the eurozone and the IMF... devaluation and businesses’ plans through severe loss of revenue. As a result, one in three loans

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  5. Poor poll figures leave Samaras in quandary over next move
    Photo by MacroPolis

    PoliticsGreek Politics

    arrived for the latest review of the Greek adjustment programme, but the government will have one eye... in March, which is one of the options reportedly being discussed in the New Democracy camp. However... it." There were also reports that Voultepsi had ordered an investigation into Public Issue, which is one

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  6. ‘We’re dying to pay our taxes’
    Photo by MacroPolis

    Agora

    tax kills,” read one newspaper headline. For a friend in his mid-50s who has been desperately looking.... But being employed in Greece doesn’t necessarily mean you have an income. One in three workers is owed.... If others can get away with it, why can’t I, seems to be the view in many workplaces. One reporter says

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  7. SYRIZA has makings of pact with Independent Greeks but To Potami not on board yet

    PoliticsGreek Politics

    With Greece heading towards February's presidential vote and possibly a general election after that, one of the main dilemmas facing SYRIZA is who it could govern with. One of the options open... due to Independent Greeks' reputation for odd views and erratic behaviour. This is one of the reasons

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  8. Greek banks may soon breathe sigh of relief on capital needs
    Photo by MacroPolis

    Agora

    assessment European Central Bank are one of the key factors weighing on investors’ minds. Apart from... of Greek banks’ capital needs at 1.5 billion euros just one week before the announcement of official... the best-case scenario for the Greek banking system and alleviate one of lenders’ most significant short

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  9. How Samaras backed himself and Greece into a corner over bailout exit
    Photo by MacroPolis

    Agora

    a decisive victory at the tail end of the Greek depression, they would never achieve one. It is strange... one way since this move. The change of personnel did little for the coalition’s unity. The unveiling.... Each straw the government has tried to clutch at to save itself has turned out to be a short one

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  10. ECB tests find negligible capital shortfalls at Greek banks
    Photo by MacroPolis

    Economy

    comprehensive assessment on the financial health of 130 banks in the euro area, with just one Greek lender... only one bank (Eurobank). For Eurobank and NBG, the ECB said in a footnote that “the dynamic balance... assessment showing Greek banks’ capital needs of just 17.55 million euros for only one bank

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