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  1. Value of HFSF participation in Greek banks falls to 17 billion
    Photo by MacroPolis

    EconomyBanking

    of 859 million was recorded due to the drop in the valuation of bank warrants. The highest negative... billion euros from 25.1 billion at the end of March, which is attributed to a 17 percent drop

    51%

  2. Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    figure was driven by a drop of 859 million in Emergency Liquidity Assistance (ELA) funding to 2.71

    50%

  3. Reactions to reshuffle continue as government seeks fast track prosecution of former minister
    Photo by MacroPolis

    PoliticsGreek Politics

    . On Monday, Deputy Energy Minister Nikos Tsafos came under fire from opposition parties over... to show understanding for some of Turkey’s claims in the Aegean make Tsafos unsuitable to hold such a sensitive post. Tsafos, who had previously served as Mitsotakis’s advisor on energy, was forced

    48%

  4. Greece's labour market is austerity's biggest casualty

    Agora

    . The lion’s share comes from construction that has lost 159,000 jobs, a staggering 43.8% drop... and retail trade with 127,000, a 16% drop. The fourth and first quarters of each year are traditionally... for just over 1 percentage impact between GDP drop and industrial production and 1 for 1.5 relationship

    40%

  5. OECD forecasts unemployment increase into 2021
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    are lower than the OECD average, which sees an average drop in GDP of 7.5 percent under the single hit... is the harshest, anticipates a GDP drop of 10 percent this year with subsequent job losses of 192,000... particularly that the coronavirus crisis reveals the limits of the country’s economic development model

    36%

  6. Drop ‘til you shop
    Photo by MacroPolis

    Agora

    , started producing import substitutes? Have we shifted away from a business model based around selling

    35%

  7. HCAP and Finance Ministry reveal five-year strategic plan for public assets

    EconomyFeatures

    the control of HCAP, which include power firm PPC, water company EYDAP and public transport organisation OASA... and opportunities, with long-term and short-term goals for each company. Regarding OASA, for example, HCAP

    35%

  8. Of symmetry and adjustments in the eurozone

    Agora

    adjustment. The increase of youth unemployment and the dramatic drop in investment rates, not only... reasons why an export-led model cannot work: The first is the many times recalled fallacy... on an export-led growth model Germany and Europe will be forced to rely on somebody else’s growth

    35%

  9. Can the Green Transition be just?
    Photo by MacroPolis

    Agora

    , leading to a significant drop in emissions. Figure 3: The evolution of emissions from the electricity... by soaring fossil gas prices, puts forward a specific model of resource use. The energy crisis bore... Development Fund and the Recovery and Resilience Fund. This model of resource use can help mitigate

    35%

  10. Newsletter 259 -24/07/2020

    Newsletters

    its troubled development model and to ensure that the necessary funds reach these schemes. Shortly... staring at big drop in turnover as liquidity calls grow Greece’s travel balance fell to 9.1 million..., receipts showed a drop of 99.7 percent to around 1.9 million euros. Receipts from travellers within

    34%