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  1. Going for Growth: What next for Greece's economy and banks?
    Photo by MacroPolis

    Agora

    tourism numbers in 2018 - some 30 million visitors who between them spent 16.1 billion euros[1]. And yet..., with a series of capital market suspensions and a stock market that has contracted by 83 pct (figure 1), a staggering figure. Figure 1: Greek Stock Market Capitalisation Few will shed a tear for the plight

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  2. General govt primary cash surplus at 2.91 bln in Feb, arrears rise by 83 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    transfers which increased strongly by 1 billion to 2.01billion euros from 1.01 billion a year ago...) and extrabudgetary funds (-1 million). Increases were noted in hospitals (+87 million) and local governments... of the total. Bank of Greece lending edged up by 1 million in February and came to 2.38 billion, which

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  3. Newsletter 210 -07/06/2019

    Newsletters

    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... Compared to Q4 2018, the index showed a fall of 1 percent Greece’s seasonally adjusted (SA) Wages

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  4. Newsletter 211 -21/06/2019

    Newsletters

    a chance to debate such policies with his rivals on July 1 as a cross-party committee agreed.... There is no obvious reason to believe that the July 1 discussion will be any different. New Democracy’s emphasis... of last year, from 17 percent in 2017, the Common Equity Tier 1 ratio was 15.3 percent in 2018, from 17

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  5. Newsletter 217 -02/08/2019

    Newsletters

    for those on lower incomes and the middle class.” He said that those owning properties worth more than 1... from 5 percent to 3 percent. Furthermore, businesses that owe up to 1 million euros (the original debt... issue 26-week T-bills just short of 1 percent with the eight issues of this duration over the year

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  6. Newsletter 218 -06/09/2019

    Newsletters

    and operate a casino on the site. He also pledged to invest more than 1 billion euros. On the back... prices increased by 1.7 percent in 2018, compared to an average price contraction of 1 percent... to a downward revised decrease of 1 percent in 2017. Properties up to five years old saw price increases

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  7. Hotel owners sound warning over Thomas Cook revenue losses
    Photo by MacroPolis

    EconomyFeatures

    were 1, 2 or 3 star establishments, 32 percent were 4 start and 21 percent were 5 star. The lower.... Specifically, the amount of turnover generated via Thomas Cook for 1, 2 and 3 star hotels came... multiplier effect is added in, which estimates that for every 1 euro of tourism revenue generated

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  8. Newsletter 224 -25/10/2019

    Newsletters

    a major departure from what has gone before, will apply for anyone paying contributions after January 1..., in 2018 Greece ran a total surplus of 1.8 billion euros, or 1 percent of GDP. This is the third... of 1 percent Household final consumption rose by 1 percent while the absolute figure for Q2 stood

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  9. Greece takes first round against Covid-19 but fight continues
    Photo by Natasha Pantazopoulou/Fosphotos

    Agora

    . The appointments were to abide by a 1:1 replacement rule (one hire for each departure) and would therefore... the 1:1 ratio for the health service, and to continue the hiring programme put in motion

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  10. Lockdown reduced spread of Covid-19 by 80 pct, research indicates
    Photo by MacroPolis

    Society

    . The R number is considered important by epidemiologists because once the number rises above 1, it is considered that there is a risk of an epidemic. When the R number remains under 1, the risk... estimated that the impact of the lockdown was so extensive that it would have reduced the R number to 1

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