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Newsletter 436 - 11/10/2024
position and looking to hold off the challenge from Athens Mayor Haris Doukas. The outcome of this Sunday... of the 302,233 votes cast. Doukas held off former minister Pavlos Geroulanos in a tightly-fought contest for second place, which secured the political newcomer a ticket for the run-off vote. Doukas earned just 858
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An issue of statistical significance in Greece
Agoraof understanding how Greece’s public finances veered dramatically off course and the country turned... exposed and it went off the rails. The state budget deficit was already at 14.4 billion euros, with 43... at reasonable rates, staving off a financial assistance program. Of course, if the Greek deficit
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Who’s afraid of Angela Merkel?
Agorathe liberals, representing the well-off, extremely eurosceptic part of West Germany and the eurosceptic and not so well off part of East Germany, where they managed to collect mostly over 5 percent... policy. The Greens have the support of well off voters in common with Angela Merkel. Also, her
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EC sticks with 0.6 pct growth for Greece in 2014 but also sees C/A deficit
Economy(gg) deficit is expected at 13.1 percent in 2013 including one-off costs related to bank recapitalization (11 percent of GDP), according to the EC. Excluding this one-off item, we see the gg deficit... anticipates the gg primary deficit at 8.8 percent of GDP in 2013. Excluding the one-off bank recap
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A factional story: When disunity came to visit New Democracy
Agorapaid off so far, preying just enough on the doubt of wavering voters who feel they cannot make... of forces on Greece’s right. However, in its bid to stave off Tsipras and Co. New Democracy may end up... begins to seem like an increasing liability. In its despairing effort to block off SYRIZA and win back
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Newsletter 5 - 28/11/2014
euros off target at the end of October despite a primary surplus of 2.65 billion. Revenues excluding... million off target. 2 From Paris to London No happy returns yet for Athens in crucial troika talks... by Stathakis in London is informative and revealing in more ways than one. Leading off with the title “A Growth
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How snap elections in Greece fit into Samaras's strategy
Agoraattempts to put off the inevitable. There was never a convincing case that the coalition’s... percentage points that is in the minds of those strategists who believe that Samaras might be better off... indicating that the government wrote off the possibility of electing a president, the decision to rehire
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What next Greece?
Agora, and in what circumstances? (5) If and when the wheels come off the programme, is an exit inevitable... programme has always been a “risk-materialisation” away from going off-track. The three main... negotiates a new programme, which goes off track; New Democracy win early elections and avert an exit. I
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Greek market jitters evident as investors dump shares and bonds
Economy2012. The sell-off in banks was more pronounced, with the banking index plunging 26.7 percent... Authority stock also suffered a heavy sell off, closing down more than 7 percent after the government... that the sell-off was accompanied by increased trading. Bonds The negative sentiment was also reflected
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Greek primary cash surplus at 1.07 billion at end-May on lower expenditure
EconomyMacroeconomy). It should be noted though that last year’s figure included one-off revenues of 1.31 billion related...-off revenue of 556 million related to fees Greek banks paid to the Hellenic Financial Stability... to 16.29 billion. Excluding the one-off items from periods, the adjusted figures show a more moderate
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