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Does the EU Commission suffer from optimism bias? (Part 1)
AgoraThis blog post is based on Chapter 8 of a new book: “The Macroeconomy of the European Union,” by Bob Traa, available on Amazon.com. The book examines structural considerations for potential growth, fiscal and debt developments, and the fiscal rules in the EU27 and in each individual member state
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Newsletter 366 - 20/01/2023
euros of new issues, or 8 billion if a green bond materialises later in the year. However, the rate
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PM bats away surveillance claims, looks to final pre-election handouts
PoliticsGreek Politicsthat during his tenure of almost six years (between 1996 and 2001), he made defence procurements worth 8
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Retail sales rise by 12.3 pct YoY in Nov, but volumes barely move
EconomyMacroeconomyThe growth in Greece’s retail sales picked up pace in November, rising by 12.3 percent year-on-year (YoY), from 8 percent growth in October, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The corresponding volume index rose by just 0.9 percent annually, as volume reflects
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Building permits grow by 9 pct in Nov, up 3.9 pct over 11M
EconomyMacroeconomyrecovery, turning positive to 7.7 points, from -24.2 point in January. Now the index is up by over 8
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Does the EU Commission suffer from optimism bias? (Part 2)
Agoraon the “optimism bias” is an adapted extract from Chapter 8 of a new book by Bob Traa
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Building permits up 5 pct in 2022, moderating from 26.6 pct rise in previous year
EconomyMacroeconomy8 points on a rolling 12-month basis.
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Mitsotakis revives spectre of political instability as polls show ND lead diminished
PoliticsGreek Politicsfalling to 28 pct, against the leftist opposition’s 24.7 pct. PASOK follows with 8 pct, KKE with 5.1
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Industrial production growth accelerates to 5.2 pct in Feb, electricity supply contracts again
EconomyMacroeconomy. The monthly movement was led by rises of 12.1 percent in mining and 8 percent in manufacturing
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Industrial turnover growth slows to 6.7 pct in Feb
EconomyMacroeconomypercent. Monthly, the domestic market was up by 8 percent while the foreign markets were down
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