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  1. Newsletter 358 - 11/11/2022

    Newsletters

    fiscal stance. Although the overarching goals will be a deficit below 3 pct of GDP and an, eventual... credible below 3 pct of GDP, the Commission will grant a positive assessment and will continuously monitor

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  2. Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    price index is seen at 5 pct, a significant revision from the 3 pct seen in the draft budget... of social insurance contributions by 3 percentage points, with a fiscal loss of 871 million euros

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  3. Newsletter 360 - 25/11/2022

    Newsletters

    Dawn spin-off Greeks have gained 0.5 pct apiece, bringing them to 3 pct and 2.5 pct respectively... budget, with inflation also revised up to 5 pct, from 3 pct previously. The global uncertainty

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  4. Tracking Greece's fiscal performance
    Photo by MacroPolis

    Agora

    interest rates on the debt. Figure 3 summarizes the headline findings, using the ESA accrual accounts...), then the nominal rate would amount to some 3½ percent, instead of the current 1.3 percent.[1] This would mean

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  5. Inaugural 2023 bond attracts strong demand and steep interest
    Photo by MacroPolis

    EconomyMacroeconomy

    of the ECB’s tight monetary policy as the same transaction of 3 billion euros exactly one year ago... had a small participation of 3 pct. Fund managers dominated the issue with 47 pct, followed by banks

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  6. Rise of fringe party complicates election arithmetic
    Photo by MacroPolis

    PoliticsGreek Politics

    ) party of former Golden Dawn MP Ilias Kasidiaris to surpass the 3 pct threshold for entering Parliament... Solution follows on 4.5 pct and radical left MeRA25 is sixth on 3.5 pct, just above the 3 pct threshold

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  7. Newsletter 367 - 27/01/2023

    Newsletters

    radical left MeRa25 and far-right Ellines (Greeks) gaining 2.5 pct, just short of the 3 pct threshold... goal of 28.49 billion euros, beaten impressively by 3 billion euros. At the same time, income taxes

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  8. Does the EU Commission suffer from optimism bias? (Part 2)
    Photo by EC - Audiovisual Service

    Agora

    “rationality” assumptions called “Prospect Theory.”[3] In chapter 23 of his book, called “The Outside View,” Mr... own view. [3] The findings of these deviations from rationality were so important that Mr. Kahneman

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  9. After 2021 balance sheet clean-up, Alpha Bank turns profit of 398 mln in 2022
    Photo by MacroPolis

    EconomyBanking

    stood at 3 billion euros at the end of 2022, to an NPE ratio of 8.3 percent. NPE coverage with cash... operating expenses dropped by 3 percent in 2022 to 977 million euros. Loan loss impairments dropped

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  10. Economic sentiment posts modest drop in Mar, consumer confidence recovers strongly

    EconomyMacroeconomy

    was almost 3 points over the 103.9 of April 2022. The index hit its most recent low in May 2020 following... Expectations Indicator (EEI) jumped by over 3 points month-on-month to 122 points. The EEI is up by 7.7

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