MacroPolis

Greece reaches for its pills

If Novartis makes pills to combat nausea, they will have sold like hot cakes in Greece over the past few days. The decision earlier this month by an anti-corruption prosecutor to send to Parliament a case file that contained statements from three protected witnesses who accuse 10 politicians

Working-class homes or millionaires' mansions - what's going under the hammer in property auctions?

on the virtual auction block are hardly selling like hot cakes. On every auction date, a significant number

Greece - Some structural macroeconomic arithmetic

). This position is described as a “negative output gap” (realized activity is below full-employment... this “potential” output growth number for the negative output gap to close (and vice versa if the economy slows from a positive output gap). The core idea is that all economies are subject to shocks

Agriculture and Livestock, Input - Output prices, YoY

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Newsletter 29 - 05/06/2015

by 1.5 points in May, reaching 48. However, data showed a further decline in output, with new orders down for the ninth successive month. The reduction in output was mainly due to fewer new orders, largely... of documents or the recording of confidential proceedings of the Eurogroup of finance ministers all constitute