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Growing Greece: From narrative to reality
Agorain policies that they viewed with scepticism or repulsion in the past. If the economy does not pick up... there is clearly plenty of room for improvement. ND is bringing all of the government’s IT services under one ministry, has plans to create a central portal for government services and is preparing
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A tax credit for Greece: The significance of an independent public revenue service
Agoracollection was in such a bad state, the importance of reforming the revenue service, the role... of creating an independent, or partially independent public revenue service, but never quite
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Newsletter 34 - 10/07/2015
a maximum of 240 euros over two weeks. Overall, daily withdrawals from the domestic banking system... in the same period last year. This translates into a net drop in retail sales by 305 million over
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Greece aligns with EU on Israel-Iran conflict, keeps close watch on Turkey as Ankara submits maritime plans
PoliticsForeign Policythe impact of the ongoing conflict on energy security. “We urge all parties involved to exercise maximum... would like to remain an honest broker for any interested party in the region. But Athens is viewing
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Newsletter 55 - 12/12/2015
service by filling key places with party loyalists. The government drew criticism this week when..., the European Commission’s representative in the quadriga of lenders monitoring the Greek programme... the role of the IMF as part of the quadriga. In October, Finance Minister Euclid Tsakalotos met
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ECB stress tests and what they will mean for Greek banks
Economycapital shortfall of the comprehensive assessment for each individual bank would be the maximum... in the next 6-9 months. The comprehensive assessment comprises of two main pillars. The first...-test scenarios. The main results of the comprehensive assessment for both pillars will be based
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Current account deficit increases to 767.4 mln in Oct as service surplus shrinks
EconomyMacroeconomyin the preceding months. According to the BoG, October’s performance reflects a decline in the services surplus... deficit of 2.05 billion euros on the back of a much-improved oil balance. The services balance came... to offset the precipitous fall in the services balance that is worse off by 13.57 billion euros. The total
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Greek banks' equity raising could keep official support to a minimum
Economypreference shares, which brings the maximum capital support from private investors at 2.6 billion... with the LME proceeds - the baseline-scenario capital shortfall of 2.2 billion and a maximum state aid... key pillars of the capital plans involve a share capital increase and the pre-announced liability
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Greece, lenders reach deal to secure bailout sub-tranche and bank recap funds
EconomyProgrammeAfter discussions with Greece’s lenders throughout the day on Monday, Finance Minister Euclid Tsakalotos told reporters after midnight that the government had reached an agreement with the quadriga... 33-35 percent of indebted households with different eligibility criteria. In this case, the maximum
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Number of new companies registering in 2016 half of those in 2008
Economy(GEMI). According to the study, the number of new companies stood at 28,615 in 2016, while business... of new companies in 2016 continue to mainly focus on domestic orientation (food services, bars, cafes... in tourism (+622), financial services (+293) and healthcare (+236). Moreover, the share of new
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