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Does the EU Commission suffer from optimism bias? (Part 2)
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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After 2021 balance sheet clean-up, Alpha Bank turns profit of 398 mln in 2022
EconomyBankingstood 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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Economic sentiment posts modest drop in Mar, consumer confidence recovers strongly
EconomyMacroeconomywas 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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Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyyear, and at 6 pct in 2024, before moderating to 3 pct by 2028. Unemployment will fall by 1 percentage... Fiscal Monitor seeing the budget deficit fall below 3 pct this year to 2.4 pct and almost halve
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Stability Programme sees improved growth, primary surplus above 2 pct from 2024
EconomyMacroeconomyyears in 2026. Interest payments also fall slightly from the 3 pct of this year to 2.6 pct of GDP.... It is now seen higher at 2.3 pct, and then it stays at 3 pct for two years, before 2.1 pct in 2026
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Newsletter 380 - 12/05/2023
a point to 8.5, KKE is at 6 pct, MeRA25 on 4 pct and Greek Solution on 3 pct. There is still... the wave of inflation since the end of 2021, CPI de-escalated further in April, dropping to 3 pct, from 4.6
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Import prices fall sharply by 12.7 pct in Mar, as energy drops by 28.4 pct
EconomyMacroeconomyby extraction of oil and gas down by 31.2 percent, then basic metals fell by 3 percent. The monthly..., with prices rising by 3 percent year-on-year (YoY), when it increased by 4.6 percent in March. Greece
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On monetary policy and inflation targeting
Agoraabove the target, and the central bank is credible[3], the public knows that inflation must... policy of specific countries, and have prior opinions on them. [3] Central bank credibility is under
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Formalities proceed, paving way for June 25 vote and tough questions for opposition
PoliticsGreek Politicsto 19.5 pct, down by 0.6 points on Sunday. PASOK is seen rising by almost 3 points to 14.4 pct... Sailing for Freedom (Plefsi Eleftherias) is seen rising above the 3 pct threshold, to 3.5 and 3.9
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Rise of small parties creates pre- and post-election complications
PoliticsGreek Politics, led by former finance minister Yanis Varoufakis, could get over the 3 pct threshold for electing MPs... for Skai TV, suggests that MeRA25 is still a long way off the 3 pct threshold and that seven parties
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