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Tailor-made Maastricht criteria for Greece?
Agora, while the stock of debt should not exceed 60 percent of GDP. One of the first violations..., or 60 percent of GDP. This is the mathematical logic of the original Maastricht Criteria. A further.... This is substantially above the 60 percent limit, but consistent with the formula for debt motion as noted above
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Reflections on Greece's balance of payments
Agora: consumption (C), investment (I), exports (X), and imports (M). Thus, when demand is equal to supply: Y = C + I + X - M. X - M describes the exports to abroad of what Greece produces in goods... domestically (including energy such as crude oil and natural gas). The balance X - M is called the “foreign
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Newsletter 34 - 10/07/2015
remains unchanged at 60 euros, although at a large number of ATMs depositors are restricted..., there is relative calm, even at ATMs, where people are queuing patiently just to get just 60 euros... for hours, to get just 60 euros per day from ATMs. Of course there are occasional arguments
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Greece - Some structural macroeconomic arithmetic
Agorato the Maastricht Criteria, which include a need to work toward a debt ratio of 60 percent of GDP. The debt ratio... percent of GDP, an average nominal growth rate of 5 percent, and thus a debt ratio of 60 percent (3/5..., as we saw above. With 2 percent inflation, that makes for 2¾ percent nominal growth. If the 60 percent
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Most Greeks saw income fall over last year, limiting purchasing power
Society60 percent of those questioned have cut expenses related to trips and accessories, clothing and footwear, furniture and household equipment. In addition, 50 to 60 percent have reduced expenditure... an increase as well as by those who cut leisure expenses (60 percent) compared to just 4 percent
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ILO highlights social impact of Greek crisis, proposes change in policy
Societyspending was offset by a rise in unemployment related spending, which increased by 60 percent between 2007... as 60 percent of the median equivalent household income. This share has risen from 20.1 percent... to 33.2 percent in 2012 from 21.6 percent in 2007. In addition 60 percent of children who have
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Newsletter 28 - 29/05/2015
, this is taxed with rates up to 45 percent, on top of penalties. It is estimated that around 60 percent.... This means that the new legislation could tap a maximum of 60 billion in “new” offshore deposits... Panayiotis Lafazanis, has only around 60 of the 201 seats on the central committee so it obviously
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Lenders also require health and labour market reforms from gov't in next months
EconomyProgrammethe proportion of centralised procurement to 60 percent (and to 80 percent next year), the share of generic medicines for outpatients by volume to 40 percent (60 percent in 2016), inpatient generic medicines to 50 percent (60 percent next year) and the share of procurement by hospitals of pharmaceutical
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Mistaking tolerance for a free rein
Agorainvestment and growing the economy. A poll by Rass at the time indicated that more than 60 percent... challenges identified in the Kapa Research poll were: Corruption in public life (60 pct), public... for the European Commission. Also, 60 percent of Greeks think the euro is good for their country. However
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A virus is spreading across China, but so is the demand for transparency
Agorabe predicted. At the time of writing (end-January 2020) more than 60 million people across cities in China had been prevented from travelling and are essentially quarantined. Repeat, 60 million citizens... is a futile attempt to delay the inevitable. If more than 60 million citizens are currently affected
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