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Debt position provides protection against global turbulence
EconomyMacroeconomyof interrelated factors. It is precisely for this type of situation that, as we have previously highlighted... pct for France and 3.92 pct for Italy, compared to 2 pct, 2.9 pct and 3.2 pct respectively... fiscal performance is structural and could be repeated in 2025, leading to a primary surplus of over 2
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Greece's updated proposals to lenders and how they compare to previous efforts
EconomyProgramme60 million in 2015 and 300 million in 2016 from 71 million for 2016 in the previous proposal. 2... (from 600 million previously) 2) Increase in the corporate income tax by 3pp to 29 percent...: New 1) Cut in defence spending by 200 million in 2016 2) Licenses to 4G and 5G for mobile
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We can't ignore population shifts within the European Union
Agora, with steady current account surpluses and debt below 60 percent of GDP. Thus, to some extent, the underlying... whether these differences are a cause of population movements in the EU more broadly.[2] In fact... or over 30 percent of the 2020 base. In contrast, the north-west is expected to lose 2 million people
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Where is Odysseus? Part 6 - Potential real GDP
Agoraratio of 60 percent of GDP. The plan that Odysseus had developed in 2018 is described in a book... by the Greek government.[2] Our more-modest real GDP outlook for the long run is quite below that of the EU... productivity improvements must be pushed up mathematically, even to over 2 percent a year around the 2040s
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As EU presidency approaches, poll suggests Greeks are most isolated within Union
Society, just 42 percent of respondents said they feel this way. The EU average is 59 percent. Almost 60.... Just 2 percent of Greeks said their country’s economic prospects are “good,” against and EU... to the opinion poll. Just over 60 percent of Greeks said they are in favour of the single currency
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Greek loan rates remained well above euro area average in October
EconomyMacroeconomyremains well above the 1.12 percent average rate in the eurozone and more than 60 bps higher than... in October, with the year to date drop close to 60 bps. On the loan front, the most important movement.... For consumer loans without a defined maturity (mainly credit cards) the rate marginally rose by 2 bps to 14.48
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Newsletter 33 - 03/07/2015
withdraw just 60 euros per day from ATMs, where long queues are now common. According to capital.gr... percent). Retail volume also contracted by 1.9 percent in April . 2 Tragedy and drama Neither Greece... and therefore were unable to withdraw the new limit of 60 euros from ATMs. These citizens felt insulted
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Newsletter 75 - 27/05/2016
and 60 percent by 2060. The IMF suggested a series of debt relief measures, including maturity extension... to the IMF’s revised projections, Greece’s gross financing needs would reach 60 percent of GDP by 2060... will be used for the clearance of arrears. 2 Paddling with a wooden spoon Tsipras may have missed his best
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Newsletter 104 - 27/01/2017
pensioners. 2 Eurosystem funding falls for 18th successive month Greek banks have cut their borrowing from the Eurosystem by 60 billion euros since July 2015 December’s drop largely reflects.... This was the 18th successive decline, leading Eurosystem funding down by 60 billion since July 2015
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Mistrust in news reporting persists amid chaotic media landscape
SocietyFacebook as a news source at 60 percent, surpassed by Malaysia (64 percent), Mexico (61 percent) and tying with Hungary and Argentina, also at 60 percent. Year-on-year, the amount of people in Greece...). The report noted though that Greece and South Korea’s trust ratings have both increased by 2 pps
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