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Newsletter 210 -07/06/2019
that the The rise in the nominal value of apartments in Greece came to 4 percent year-on-year (YoY... contraction of 1 percent in 2017. The ongoing stabilisation of property prices, now in its fifth quarter... following a rise of 1 percent in April, figures from the Hellenic Statistical Authority (ELSTAT
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Vital economic legislation lined up as ND seeks compromise over diaspora vote
PoliticsGreek Politics1 billion euros a few weeks ago, partly as a result of market developments, which saw Greece... priorities are on the economic policy front over the coming months: 1) Achieving the fiscal targets, 2... bill, 4) Radical overhaul of the tax system, 5) Tie up the loose ends from the third review and, 6
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Polls indicated support for two main parties growing as start of elections marathon looms
PoliticsGreek Politicsin the current iteration, when only valid ballots are factored in. SYRIZA’s backing has risen by 1... of the vote as its support dipped by almost 1 point to 9.8 pct. The undecided voters stand at 12.4 pct... has increased by 4 points to 36 pct, when respondents are asked which party leader they trust most
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Where is Odysseus? Part 4 - Unemployment and Employment
Agoraon the macroeconomy of Greece.[1] In blog 16, we updated the demographic projections for Greece and found... previous averages. How does this look in Greece? Figure 1 above gives a view. The average.... But inflation continued to be higher than in trading partners by an average of around 1 percentage point
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Does the EU Commission suffer from optimism bias? (Part 1)
Agora(the Book). In part 1 of this blog we will highlight differences in the macroeconomic scenarios... on the Maastricht deficit and debt Criteria. * * * Figure 1 below compares the baseline scenario... that was derived in preceding chapters of the Book.[1] The baseline scenario of the Book is well
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Newsletter 35 - 17/07/2015
of this amount includes: 1. Amortisation of SMP and ANFA bonds held by the Eurosystem (12.7 billion); 2...); 4. Unwinding of repo operations (3.5 billion); and 5. Amortisation of 1.9 billion in Greek... fell below the 1 billion mark by the end of May. The commission anticipates that the new programme
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Newsletter 213 -07/01/2019
percent, the Communist Party (KKE) on 5 percent and Golden Dawn on 4 percent. Ultra-nationalist... 2011 Loans to sole proprietors edged up by 1 million euros after a negative reading of 30 million... by 1 million euros after a negative reading of 30 million in the previous month. Deposits rise
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Greek credit contracts by 4 pct in Jan, NPLs rise to 31.2 pct in Sept
EconomyMacroeconomyThe year on year (yoy) credit contraction in the Greek market marginally accelerated for the second straight month to 4 percent in January from 3.9 percent in December, with balances reaching 217.61 billion euros, according to the Bank of Greece (BoG). Loan balances eased 0.1 percent mom
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Retail sales down by 4 pct in August for third straight fall
EconomyMacroeconomyThe turnover of Greece’s retail trade index dropped for the third successive month in August, albeit at a decelerating pace by 4 percent from 8.6 percent in July, Hellenic Statistical Agency (ELSTAT) data showed on Friday. The August figure is the seventh negative reading in the course of 2015
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Industrial production falls at faster pace of 4 pct in March
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) dropped at a faster pace of 4 percent in March from a revised 2.5 percent drop in February, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The March headline figure is the highest negative reading since June 2015. All four sub-indices
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