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Brexit has opened a can of (constitutional) worms
Agora. The challenge is Herculean not just because of the enormity of the task. Brexit has also opened the debate... with Westminster on a breakaway vote. However, the UK government has signaled that it will not consent... Ireland has significantly increased after the failure to form a government there. Nevertheless, when
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Deposit interest rates broadly stable in March, average loan rate down slightly
EconomyMacroeconomyGreek households’ new time deposit rate edged down 1 basis point (bp) to 0.66 percent in March... accession to the eurozone in 2002, while remains 24 bps above the euro area average rate of 0.42 percent. The marginal drop in the time deposit rate coupled with a slight increase in the corporate
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Newsletter 33 - 03/07/2015
would have to remain closed. This would wreak further damage on the economy, which has already... lenders, though, agree to such an arrangement given that the trust with Greece has been obliterated... away if he is prepared to sign a deal and has the Greek people’s packing to do so. Such a move could
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OECD report outlines steps to reduce burgeoning poverty rate in Greece
EconomyMacroeconomybeen younger households that are out of employment and with children while the poverty rate for pensioners has fallen. Child poverty has also more than doubled since 2009, posing significant risks... for calibration of social spending and an improved focus of protection. Greece has a rather sizable social
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Settling rising private debt? The IMF has some ideas
Economy, has recently emerged as an important issue in the discussions between the Greek government... taxes of 67 billion and unpaid social security contributions of 16 billion. The Bank of Greece has.... The direct government involvement in private debt restructuring has been relatively rare according to the IMF
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No one has won in Spain
Agorathey are. Neither the right block (with the Popular Party and Ciudadanos) has enough seats to form... parliamentary majority. The political landscape that has emerged from these elections shows very clearly... by the PP. The rough road that common Spaniards have crossed in the last four years has been full
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Tsipras leads the line as New Democracy has victory and majority in its sights
![Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/11/13/syrizaflags_1000_myrto_1211-medium.jpg "Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]")
PoliticsGreek Politicsin Cyprus, opposition leader Kyriakos Mitsotakis sought to douse speculation that has emerged over... side to us. It has a completely different approach to what the country really needs... elections, although this may depend on the undecided voters. According to the survey, New Democracy has
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Athens takes heart from Gentiloni, Lagarde comments but still has distance to cover
EconomyMacroeconomyprotections in primary residences. It has been made known by the institutions that they do not want any... challenge for the government. Work has already started at the Finance Ministry and the underlying... and social issue, the government has realised that the revision of the surplus target is politically
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Mitsotakis has ground to cover after election disappointment as progressives ponder future
PoliticsGreek Politicsthat the government has convincing responses to the concerns raised by the June 9 vote in which... has created an issue of government instability, while 43 pct of all those asked believe... underline that the PM has a considerable task on his hands to win round the public as well as his
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Data underlines Greece still has big wage gap to bridge
EconomyMacroeconomyThe issue of Greeks’ wages and spending power has become a thorn in the government’s side - aside... and purchasing power parity, the current administration has repeatedly pledged a rise of the average wage... 2016 of over 30 pct. This has dropped the share of workers earning below 700 euros monthly to just 2
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