-
Moody's leaves Greece's rating unchanged, one notch from investment grade -
Investment grade boost visible in strong demand for Greek assets -
Labour database shows 8 in 10 workers earn less than 1,200 per month -
Investment grade rewards evident in first bond issuance of 2024, attracting record demand -
PDMA taps markets for first time this year via modest bond reopening -
Greece aims to replicate last year's successful debt strategy in 2024
Eurozone periphery condemned to low wages, demand, EC study suggests
A research paper by an economist at the European Commission’s Directorate General for Economic and Financial Affairs (DG ECFIN), which was initially published online this week by accident, withdrawn and then released again the next day, provided more fuel for the austerity debate in the euro area. The findings of the paper, which were first noted by Kathimerini's Brussels correspondent Nikos Chrysoloras, go against the Commission's policy recommendations during the crisis. These include fiscal consolidations that put more emphasis on the expenditure side.
The paper also casts doubt on the decisions taken by core euro area countries, particularly Germany, which has been setting the tone for the overall eurozone policy process since Greece ignited the broader euro crisis back in 2010. The paper concludes t...
Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.
€500.00