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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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New Democracy and PASOK ponder next moves after election defeat
PoliticsGreek Politicscoalition is able to stabilise its position or whether it will be in danger of collapsing quickly. PASOK... (with 4.68 percent it was beaten by Independent Greeks into seventh place among the seven parties
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Draghi sets out QE obstacles facing Greece
EconomyProgrammethat most of the targets in 2017 were beaten. Revenues for 2017 came to 47.6 billion euros, beating... 150 million euros, whole 17 percent was from debts of less than 10,000 euros. He added that tax
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First round of local elections leave Greek politics finely balanced
PoliticsGreek PoliticsDemocracy’s incumbent Vassilis Michaloliakos was beaten into second place by independent Yiannis Moralis... incumbent Giorgos Kaminis all the way. According to Interior Ministry projections Kaminis was expected
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With eye on elections, Tsipras talks up public sector hirings
PoliticsGreek Politicsto be beaten in those ballots and it would risky to hold a national vote in the wake... with 4,500 next year. Meanwhile, the Interior Ministry estimates that there are roughly 35,000
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New Democracy tries to win over voters with crackdown on bank charges, migration
PoliticsGreek Politicsseverely brain-damaged after being beaten and sexually assaulted by a Pakistani migrant on the island... politician met with EU interior ministers on Tuesday in Copenhagen, where he pressed for faster
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Bond issue decision expected as clock ticks down
PoliticsGreek Politics. The extra payments range between 35 and 150 euros per month. The bill also proposes that legal action... in September 2015, when then-Interior Minister Panayiotis Kouroublis asked local authorities to list... Accounting Office because of fiscal concerns. It has been revived under the current Interior Minister Panos
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Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
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Coalition ready to pass first legislation as agenda for lenders' talks grows
PoliticsGreek Politicsinstalments at 150 euros budgeted at 40.5 million for the 9-month period of 2015. The overall cost.... Although Tsipras and Varoufakis have played down any danger from liquidity challenges, it is clear
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Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammefor farmers (estimated revenues at 32 million), reform in the income tax code (150 million.... There would be a greater danger of homes being lost if the housing NPLs are transferred outside
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