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Newsletter 1 31/10/2014
on the dynamic (agreed restructuring plans after the end of 2013) rather than the static (end-2013 figures) model... involves the capital surplus that Greek banks showed under the dynamic model, which reached 10.7... lender that passed the stress tests under the static model even without taking into account
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Report reveals institutions’ views on labour market reforms
EconomyProgrammeand thus enhance employability. The institutions favour a labour model of flexibility with security (flexicurity) that is applied in Denmark. The key characteristics of the Danish model include... and social dialogue. This model allows for numerical (extended use of overtime, frequent hirings
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Government focusses on security of energy supplies in light of Ukraine escalation
PoliticsGreek Politicsenergy supplies, with concerns about access routes to natural gas now added to the existing challenge... supplies tops the domestic agenda in Athens. Over recent weeks, the energy ministry and regulator RAE have... access to supplies. Officials, however, have been issuing reassurances, saying that the contingency
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Greek manufacturing PMI virtually unchanged in Feb as uncertainty bites
EconomyMacroeconomyof purchases and a more marked deterioration in supplier delivery times supported the headline PMI... with the deteriorating supplier performance seen since December. Slower lead times in a number of cases were mainly due
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Mitsotakis breaks the ice in Sochi but Russia's wariness remains
PoliticsGreek PoliticsPutin noted that Russia remains a critical supplier of natural gas to Greece, covering around 40 pct of its needs, while Mitsotakis stressed that “Russia has become a reliable supplier but also Greece
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agorahalved year-on-year in 2023 and LNG imports shrunk by a quarter, as the Bulgarian supplier switched... to its Norwegian cable supplier, Nexans, leading some to speculate that the project would fail
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Summit of transactions – Erdogan and Trump
Agoraas Turkey’s primary supplier of natural gas, oil, oil products, and coal, continuing the trend established... energy supplier. Trade and commercial deals Beyond defense and energy, trade will feature prominently
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PMI drops to 52 pts in Sep as manufacturing sector continues to grow
EconomyMacroeconomyrose on higher supplier prices, though inflation eased to a near two-year low amid vendor discounting... activity remained solid, though supplier delays persisted, due to transport and customs, albeit less
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PMI stable in March as war starts affecting business and confidence
EconomyMacroeconomysupplier lead times caused by the Middle East war-related logistics disruptions. However, PMI was weighed... inflation reaching a near three-and-a-half-year high. Despite the sharpest lengthening of supplier
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Greece needs to re-think natural gas policy, starting with demand
Agoraof supply. Russia, once the dominant supplier, has seen its share of the Greek market trimmed to just under 40 pct by 2020. The US has rapidly risen to second place thanks to increasing supplies of shale gas LNG, covering 25 pct of Greek demand. The remainder has been supplied by Turkey via pipeline
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