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Where is Odysseus? Part 5 - Productivity
Agoracalculate the path for real GDP per person employed. That is average labor productivity. Figure 3 presents... productivity (in most countries), whereas the private sector tends to have higher productivity.[3] Thus... downward to 3.2 percent from 3.8 percent. [3] Real gross value added per employed person (ref. prices
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Piraeus Bank reports 614 mln profit in H1 after NPE de-risking drive in 2021
EconomyBankingof 2.45 billion euros last year, due to 3 billion euros in clean-up impairments in H1 2021. In H1... codenamed Sunrise 3 and Solar, of 500 and 300 million euros respectively are on track to be completed... million last year. Impairment charges came to 269 million euros, compared with 3 billion euros in H1 2021
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Where is Odysseus? Part 6 - Potential real GDP
Agoragrowth of 0.6 percent a year in the 2022 calculations[3], compares with a potential real GDP growth..., as explained below. [3] Potential growth rates of 0.6 percent a year does not mean that Greece could not have a growth rate of 3 or 4, or even 5 percent, but these high growth rates are not average
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Banks discover stress test assumptions, results due in July
EconomyBanking, the Greek economy is seen growing by 1.5 pct this year, doubling to 3 pct in 2024 and 2.8 pct in 2025... to 3.4 pct in 2024 and 3 pct in 2025. Commercial property prices growth will be broadly stable in 2023-2025, rising each year close to 3 pct. Greece’s long-term rates in the stress test period
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Newsletter 375 - 24/03/2023
a decline of more than 3 points, followed by SYRIZA on 26.1 pct and PASOK on 9.2 pct, both of which... be amassed by parties falling short of the 3 pct threshold for entering Parliament. In terms of seats after... tight monetary policy as the same transaction of 3 billion euros exactly one year ago secured a yield
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Rise of smaller parties a barrier to decisive result in first elections
PoliticsGreek Politics, up by 1 point since earlier in the month. Ellines is unchanged, on 3 pct. On Thursday, former... 35, KKE 22, MeRA25 17, Greek Solution 14 and Ellines 11. If Ellines were to fall below the 3 pct... to get over the 3 pct threshold and only six parties make it into Parliament, Pulse’s projection
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Newsletter 379 - 05/05/2023
-nationalist Greek Solution on 3 pct and the same share of the vote as radical left MeRA25. Above them... take it above the 3 pct threshold. SYRIZA is still hoping that the opinion polls will be proved wrong... will continue to grow in the coming years, by 3 pct in 2024 and 2025, a more moderate 2.1 pct
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Newsletter 383 - 02/06/2023
-establishment Plefsi Eleftherias and radical left MeRA25 also got close to the 3 pct threshold... commanding. A scenario in which both Plefsi and Niki make up the minimum 3 percent while all other... outperformance was 3 billion euros. SYRIZA and PASOK argue that if these exceptional circumstances continue
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Newsletter 388 - 07/07/2023
, followed by leadership elections on September 3. The timeframe is designed to put a new leader... last week, the Bank of Greece forecasts the economy to grow by 2.3 pct, with a stable trajectory of 3... had a massive effect on the debt-to-GDP ratio. Despite the nominal rise by 3 billion euros
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Economic sentiment indicators inch up again in July
EconomyMacroeconomyit dropped by almost 3 points in 1.2, after rising by over 3 points in the previous month. Since August.... Retail trade also improved by over 3 points in July to 23.9 points, after an almost 6-point rise
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