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EU's temporary framework for state aid in response to Covid-19 outbreak
Legal(the “Temporary Framework”). The Framework is based on Article 107(3)(b) of the Treaty... insurance. 2. Subsidized Guarantees for Bank Loans One of the most important instruments under... justification and provided that proportionality of the aid remains assured. 3. Loans at Preferential
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Productivity developments in the Greek public and private sector
Agoratheir own productivity based on GVA produced per government employee.[2] These data can... to the same quarter of a year earlier (to avoid seasonality). Figure 2 shows the growth rates for the economy.... But the trend line highlights that the downward trajectory started years before Covid-19 struck. Figure 3
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Where is Odysseus? Part 5 - Productivity
Agora.[2] The dotted line in Figure 1 shows the employment path that was anticipated in Odysseus’ 2018... of real GDP, which is presented in Figure 2. Again, we show the current path as the solid line... calculate the path for real GDP per person employed. That is average labor productivity. Figure 3 presents
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Newsletter 388 - 07/07/2023
, followed by leadership elections on September 3. The timeframe is designed to put a new leader... last week, the Bank of Greece forecasts the economy to grow by 2.3 pct, with a stable trajectory of 3..., and an increase in public spending by 2 pct due to improved budget performance that will generate
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When will Greek banks operate as credit institutions again?
Agorasection, page 3. This partnership to sustain what some observers have started to call Greekcovery has... between 3 and 4 percent. This level is a record low for corporates in Germany, in the post... sustainability of the country and could not come at a less opportune moment.[2] The second structural
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Finance Ministry challenges SYRIZA's plans for economy, ups cost
Economybillion above the 2 billion SYRIZA forecasts b) The increase in the Public Investment expenditure, which... to 12,000 euros (at 2 billion by the MoF, 500 million above that of SYRIZA) b) increased funds for local..., particularly sources stemming from: settlement of unpaid taxes (with estimated revenues of 3
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Newsletter 11 - 16/01/2015
with the troika. Tapping the bond markets is out of the question due to soaring yields. 2. Returning... accordingly the debt stock but losing the cushion of EU money available for Greece. 3. Having to tap markets... Ministry preliminary budget data for 2014, the primary surplus reached 1.93 billion euros, 3 billion short
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomy, a 5-year note of 3 billion in April and a 3-year note of 1.5 billion in July, 2) Redemptions of 16.5 billion 3) Exchange of 1.67 billion T-Bills via 3- and 5-year bond re-opening in September. Short term... displayed the highest primary surplus at 2.42 billion euros in 2014, albeit lower than the 3 billion
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Greece sees lower primary surplus at 0.3 pct for 2014, fiscal challenges remain
EconomyProgramme-claim) should not be included in primary surplus under EAP 2) EAP includes only a part... million incorporated under ESA-2010, 298 million should be excluded under EAP 3) An amount of 193... is not specified. 2) Greece has not received the SMP profits of 1.84 billion, which were also
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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomyat 173.74 billion euros for 2015, 6 percent lower than last year’s budget and 3 percent below 2014 figure... contributions for main pensions (531 million) and supplementary pensions (183 million) 2) Reduction in the expenditure ceiling for military spending (500 million) 3) Pension reforms (484 million) 4
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