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Covid recession bumped pension spending to 18 pct of GDP in 2020
Economy, and stay above 1 percent until 2070. That would require a highly successful transformation of Greece’s economic model – something that the government is banking on in its Greece 2.0 plan for how
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Why is it taking so long for the pandemic to end in North Macedonia?
Agoraand the gradual decline in the number of active cases (see Graph 1), the epidemiological status... of 2020 to the end of June 2021. In the given period, according to the model of expected mortality, I
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Tsipras strengthens hold on leadership at fractious SYRIZA conference
PoliticsGreek Politics. There was less debate over the programme outlined by Tsipras in his opening speech, which set out “5+1... economic model in the medium term. He accused Prime Minister Kyriakos Mitsotakis and his government
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Athens pins hopes on pan-European solution for energy crisis, as surveillance affair unfolds
PoliticsGreek Politicsof the need for urgent measures prompted by the prospect of another closure of the Nord Stream 1.... According to press reports of the negotiations, it is the model adopted by the Iberian countries
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Policy pledges bolster top two parties as ND erases losses from surveillance affair
PoliticsGreek Politicswill be limited to 100 million euros, as 1 billion will come from generators’ profits and emissions trading... given their global business model. Meanwhile, electricity producers who use natural gas claim
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Tsipras calls for more state intervention in energy sector as hopes for EU solution dwindle
PoliticsGreek Politicshighly volatile. The proposal excludes the so-called “Iberian model” of capping the price of gas used... will normalise before the year ends, while only 1 billion euros have been set aside in the budget for energy
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Govt hints at more relief measures as opposition lambasts electricity bill fixes
PoliticsGreek Politicslikely to give the government more freedom to utilise the 1 bln euros of cash reserves that it set aside... Sokratis Famellos accused New Democracy of introducing a “Frankenstein” model of piecemeal solutions which
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On monetary policy and inflation targeting
Agora, as shown in the twin Figure 1, below. The dashed line in each panel shows the objective of monetary... inflation. The nominal policy rate is the only instrument affecting activity, in this model, because
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Newsletter 391 - 01/09/2023
on fire detection equipment. Mitsotakis also confirmed that he would be looking at a new model... helped boost turnovers, in June it also dropped by 1 pct year-on-year, although that was mostly led
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Lack of savings points to wider economic issues
EconomyMacroeconomyhad much impact on changing the structural characteristics of the country’s economic model.... The social inequalities are also captured by the data, as 40 pct of the total savings comes from 1
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