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If you think it's bleak for Greece now, wait until tomorrow
Agorapercent and it anticipates that it will take another 24 years, until 2040, before it drops to 12...-crisis levels of around 6 percent for another 44 years, or until 2060. In other words, one of the key... entered the crisis with a 20 percent of GDP investment ratio, only for it to plummet to 12 percent
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Newsletter 81 - 08/07/2016
has increased by 106,900 over the past 12 months, while the number of unemployed has shrunk... has dropped by 17 bps in the year to date and by around 100 bps over the past 12 months. Corporate... euros and slipped by 6 bps to 5.17 percent for amounts between 250,000 and 1 million euros
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Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
EconomyMacroeconomyis slightly lower than the 0.3 percent QoQ rebound reported in the flash estimates released on August 12... by more than 55 percent over the last seven years. Its share of GDP dived to 12 percent in Q2 2016 from... by the Association of Greek Tourism Enterprises (SETE) point to a rise in foreign arrivals by 6 percent
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Newsletter 89 - 23/09/2016
the past seven months. The trailing index shows a decline of 12 percent over the past 12 months... for mining and quarrying retained an upward trend, rising by 4.5 percent, but makes up just 6 percent
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Newsletter 95 - 11/11/2016
chairman with 12 votes in favour of his appointment, while the Hellenic Financial Stability Fund... to 3.36 million, while the jobless edged up by 1,700 to 1.13 million. Over the last 12 months, the number... was posted by mining and quarrying production, but it accounts for only 6 percent of the index
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Newsletter 99 - 09/12/2016
on 6, KKE on 5.5 and Zoe Konstantopoulou’s Sailing for Freedom on 3. None of the other parties made..., while the number of unemployed fell by 9,900 to 1.11 million. Over the last 12 months, the number... in September after hiking to 23.3 percent in August. Over the last 12 months, the number of employed has
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Survey shows 42 pct of Greek expats unlikely to return
Societysalary of over 50,000 euros, 27 percent 20-29,000 euros, 22 percent 30-39,000 euros, 12 percent... the Technological Educational Institute of Athens and 6 percent had no degree-level qualification... a year ago, while only 5 percent said that they had left within the last six to 12 months. The remaining
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Athens eyes ample cash buffer, prepares for bond swap
EconomyProgrammebuffer of between 12 and 15 billion euros. Nine billion of this would come from disbursements... been suggested that the government may try to tap the markets for a total of 6 billion euros next... for 12 to 24 months. After 2 years, the reserve would be converted to a permanent “Stability Fund,” which
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How Greece sleepwalked off a cliff in 2009, in black and white
Agorawas expected to reach 30 to 35 billion euros, something between 12 and 14 percent of GDP. Debt was seen... reaching somewhere between 10 and 12 percent of GDP. Just days before the report was issued and with all... be the utmost priority for Greece's fiscal policy. Primary surpluses between 5 and 6 percent of GDP would
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General govt primary cash surplus at 1.98 in Jan, arrears fall by 167 mln
EconomyMacroeconomythe sales of nonfinancial assets declined by 12 million, standing at 2 million in January versus 14... million) and state budget arrears (-46 million). Arrears to extrabudgetary funds fell by 12 million... month-on-month increase of 5.03 billion in repos which came to 19.96 billion (6 percent of the total
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