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  1. Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity

    EconomyMacroeconomy

    increased by 100 million, the first increase since June 2016. Specifically, ELA funding was reduced... billion euros to 44.2 billion. A further decline in the ELA limit by 2 billion was also announced... this type of liquidity with interbank repos using the same collateral. Since the conclusion

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  2. BoG highlights areas of concern in underlying NPE data
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    in excess of 100 billion in the end of 2016. The NPE ratio at the end of June stood at 47.8 percent... of which were denounced corporate loans. On top of write offs, sales of nearly 2 billion euros also... stand at 31 percent of the type, while consumer loans under protection are at nearly 24 percent

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  3. Athens waits for EU recovery fund outcome as new Mati fire claims emerge

    PoliticsGreek Politics

    at 31 billion euros, replenished by 5 billion euros of two new bond issues and 2 billion from... more than 100 lives. An investigative report published in Sunday’s Kathimerini has revived... and the type of vegetation for the blaze sweeping through the coastal town of Mati so quickly. Former

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  4. Newsletter 414 - 01/03/2024

    Newsletters

    leave Greece as one of the most expensive countries in the product type. The government is also... of the headline figure and specifically food inflation. With European Parliament elections less than 100 days..., sentiment is 2 points lower than in March. Consumer confidence also continued to decline, falling

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  5. Terms & conditions
    No image available

    of the following sections (1) Home, (2) Politics, (3) Economy, (4) Society, (5) Statistics, (6) Charts, (7... “certain period of time” will be decided in the future by the Company, 2. Login and License 2.1. Use... The subscription service consists of the following options: (1) the Standard Access and (2) the Full Access

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  6. Where is Odysseus? Part 2 - Uncertainty
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    retirement age was increased twice in Greece.[2] This increases the potential pool of labor... reality, if fertility remains weak. For completeness, we also show in Figure 2 (above) what...). [2] Laws 4093/2012 and 4302/2014 increased the statutory retirement age from 60 to 62 and from 65

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  7. Does the EU Commission suffer from optimism bias? (Part 2)
    Photo by EC - Audiovisual Service

    Agora

    that member states (strategically) adopt this scenario as their own (for which there is evidence[2... emerges when we take the added effort to turn on System 2, or “Slow Thinking,” based on analysis... on “The Macroeconomy of the European Union: A Work in Progress” (in this blog text referred to as “the Book”). [2

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  8. Stability Programme sees improved growth, primary surplus above 2 pct from 2024
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    . The primary balance rises above 2 pct of GDP next year, up to 2.5 pct of GDP by 2026, which is broadly.... Private consumption will continue to grow by 2 pct in the two next years, towards a more moderate..., reaching 2 pct in 2025. Unemployment only falls below 10 pct in 2026, at 9.8 pct.

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  9. Industrial production returns to growth of 2 pct in September
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    three contractions since June. It grew by 2 percent year-on-year (YoY), after dropping by 0.1 percent... a drop of 2 percent, after an increase of 0.9 percent in the previous month. The annual movement... business surveys for October, industry confidence went deeper into negative territory to -4.3, from -2

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  10. Consumption and investments drive Q3 GDP growth of 2 pct YoY
    Image: MacroPolis

    EconomyMacroeconomy

    growth accelerated to 2 percent year-on-year (YoY), from a 1.6 percent YoY rise in Q2. Growth over the nine months of the year averages to 2 percent, needing a slightly stronger finish in the last... pct in 2026. In its latest WEO released in October, the IMF sees growth of 2 pct in 2025 and in 2026

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