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  1. Here's what's in the 2015 draft budget the Greek government has just unveiled

    EconomyMacroeconomy

    , the MoF anticipates the primary surplus will reach 3.6 billion euros (2 percent of GDP), lower than..., public consumption is seen remaining in negative territory (-2 percent). According to the MoF, domestic

    8%

  2. IMF lowers medium-term forecasts for Greek debt, 2014 financing needs

    Economy

    and by a further 2 pp in 2015. The IMF expects the current account (C/A) balance to remain positive albeit... forecasts stand up to 2 pp lower than in April, at 152 percent in 2017 and 135.3 percent in 2019. On gg

    8%

  3. Tourism helps bring Greek unemployment down to 26.4 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    . In contrast, the jobless rate in the 55-64 age group increased by more than 2 percentage points YoY to 17.2... percentage points (pp) in 2014 and by a further 2 pp in 2015. Note that the average jobless rate so

    8%

  4. Deflation rises again in Greece: CPI down by 0.8 pct in September

    EconomyMacroeconomy

    and services, only 2 posted an increase in prices, namely health (up 3.8 percent) and alcoholic beverages... (down 2.4 percent). A more moderate drop in prices was displayed in recreation and culture (-2

    8%

  5. Greece changes banks' DTA conversion law to secure ECB/EBA approval
    Photo by MacroPolis

    Economy

    (annual) profit loss. For example, if a bank has a capital of 10 billion, of which DTC is 2 billion (20... of DTA conversion to DTC (north of 2 billion euros for the four systemic Greek banks

    8%

  6. Newsletter 1 31/10/2014

    Newsletters

    surplus (2 billion euros) under the dynamic adverse model. Eurobank’s minimal shortfall of 18 million... improved by more than 12 points. Economic sentiment peaked at 104.1 in June. 2 Banks still face

    8%

  7. Greek deflation shoots up to 1.7 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    in 2014 after the -2 percent posted in May. On a monthly basis, CPI fell 0.9 percent compared..., alcoholic beverages and tobacco, displayed an increase (+2 percent). On the flipside, the highest drop

    8%

  8. What does a bailout exit with a precautionary credit line mean for Greece?
    Photo by MacroPolis

    EconomyProgramme

    typical size is expected to vary between 2 and 10 percent of the concerned country’s GDP. Surveillance... and abolition of retirement exclusions from the general aging limits. 2) Abolition of nuisance

    8%

  9. The politics of debt dynamics in Greece
    Photo by MacroPolis

    Agora

    percent.[2] Despite these favourable parameters, there are also serious doubts about Greece’s capacity... in the second quarter of 2016. [2] The Greek government’s 2014 debt projections are included

    8%

  10. Troika and Greece in stalemate over budget targets, prior actions as time ticks away
    Photo by MacroPolis

    EconomyProgramme

    its fiscal gap projection to less than 2 billion euros. Although Parliament voted an amendment... the 2 percent included in the draft budget published on October 7, but above the Medium-Term Fiscal

    8%