Search
-
Asking Greece to stack more austerity measures ignores past failings
Agorato 2018 and commit to an added 2 percent of GDP on stand-by in the event that targets are missed... to quit way ahead of time the International Monetary Fund part of the programme that was due to expire... an upwards-revised surplus of 705 million euros. This meant the target was missed by more than 2
30% -
Newsletter 114 - 07/04/2017
on a way forward to conclude the second programme review. Athens and the lenders agreed on the “main..., the interventions lined up for 2020 will be moved forward by a year so that all 2 percent of GDP in new... and income tax. The settlement reached on Friday clears the way for the missions to return to Athens
30% -
Greece secures next bailout tranche, moves towards deal with lenders
PoliticsGreek PoliticsGreece and its lenders appeared on Thursday to be on the way to an agreement that would provide... a staff-level agreement confirming that Athens had completed its prior actions. This cleared the way... euros of debt repayments to make in July, this would leave close to 2 billion euros
30% -
Newsletter 174 -14/09/2018
its way on the pension cut but did not say it was a certainty. His speech on Saturday focussed on the way that the government plans to lighten the burden on taxpayers now that Greece has exited the MoU..., after April’s rise of 2 percent. Last year, the index remained consistently positive. Month-on-month
30% -
Newsletter 186 -07/12/2018
path towards increasing Greece’s growth potential.” With the issue of pension cuts now out of the way..., and I think Greece is on a good way.” The November report urged greater urgency in the areas... in bonds maturing in 2019, while the repayments to the IMF amount to just short of 2 billion euros
30% -
Newsletter 239 -14/02/2020
, where the exit of asylum seekers will be strictly controlled, as a way of restoring order... left, and the independent coalition Other Way, the local representatives With arrivals topping 60,000... at 2 percent. The Commission notes that based on the first three quarters available data, real GDP
30% -
Newsletter 246 -03/04/2020
, the government was content with the way it had handled the Covid-19 challenge for another week... to enjoy strong support for the way it is handling the coronavirus crisis. An opinion poll... conditions could be restored. 2 March PMI drops to 42.5 pts Sharp drop driven by Covid-19 uncertainty
30% -
The quarterly national accounts from the income side
Agorapulls back, a government impulse helps to level GDP upwards); and 2) The challenge for Greece is now... exports? There is even a third way of slicing up the GDP pie. Who receives the income that is earned... to encourage mergers seems the wrong way to achieve larger companies and economies of scale. Finally, we
30% -
The case for a general government balance sheet
Agoraand 2 illustrate balance sheet data in more detail. Figure 1 above captures for Greece and the Euro-19... to a more detailed look at the balance sheets in Tables 1 and 2. The balance sheets reflect the data... with the continuation of arrears, this shows that financial administration in Greece has some way to go. High accounts
30% -
Govt weighs escalating impact of Ukraine war on public finances
PoliticsGreek Politicswarn of more price hikes on the way. Against this backdrop, pressure is increasing from within..., the average price of unleaded fuel at the pump is expected to cross the threshold of 2 euros/litre. More pain is also on the way for electricity consumers. Wholesale electricity prices in Greece jumped
30%