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Newsletter 36 - 24/07/2015
and 20. Sharp rise in Eurosystem funding Greek banks’ Eurosystem funding saw its sharpest rise... in 2010, which saw each country in the euro area as an island battling against the irresponsibility... front, on Wednesday the ECB again raised its emergency liquidity assistance (ELA) funding for Greek
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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeaturesan overall import capacity of 11.3 billion cubic metres per annum (bcm/y) through three entry points... in 2020, it will have an initial capacity to deliver 10 bcm of Caspian gas per year... metres per year. The project passed a technical feasibility study in 2016, and was ratified
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Newsletter 7 - 12/12/2014
2012. September also saw the highest reading for the month-on-month rise in the number of employed... demanded by the troika. Cool heads did not prevail in New Democracy either. Samaras saw his party... from the HFSF’s coverage of the funding gap of 12 banks (net value of assets minus liabilities
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Why did Greece return to bond markets now? Was it the right decision?
Economyis just one paving stone in this process. It signifies an end to one part of the crisis, which saw.... There is a flipside, though. For starters, the first day of trading for the new bond saw the yield climb... in benefits due to a combination of knock-on effects. For example, lower funding costs are anticipated
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Newsletter 62 - 12/02/2016
fund (IKA) saw the level of contributions paid in by workers plummet by 31.5 percent between 2010... government’s wayward and naïve negotiating strategy last year, which saw the early signs of an economic... but that in order to comply with its bailout programme, which provides the only source of funding available
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Multiple crises fence in Greece
Agorafunds. The country’s main social security fund (IKA) saw the level of contributions paid..., which saw the early signs of an economic recovery wiped out and Greece’s banks undermined... the only source of funding available at the moment, it has to adopt measures (such as VAT rises
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Tsipras sails through multi-bill vote, looks to disbursement and debt relief
PoliticsGreek Politics’ court regarding the disbursement of bailout funds and debt relief. Prime Minister Alexis Tsipras saw.... Other late changes saw the tax on beer increase from June 1, 2016 (instead of of Jan 1, 2018... subsidy for low-income pensioners this year, as well as funding employment schemes and tackling
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Newsletter 104 - 27/01/2017
in November Average expenditure per trip falls by almost a quarter to 285.5 euros Travel receipts fell... showed. The decrease fully reflects a sharp drop in the average expenditure per trip by 24 percent... in the average expenditure per trip by 11.2 percent to 518 euros, while non-resident arrivals rose by 4.9 percent
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Greece: After a deal, work on a solution
Agoraeconomy. Source: Eurostat, Haver Notes: Q1 2000 = 100. Unit labour costs measure labour costs per unit... capital that could be wasted on another pension reform – with 45 per cent of pensioners already below... amounted to 16.5 per cent of GDP between 2008 and 2013, roughly twice as much as Portugal or Ireland
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Company closures dropped sharply during the pandemic
EconomyFeaturesand retail trade; repair of motor vehicles and motorcycles” which saw 8,082 closures. While that may seem... actually dropped 18.9 percent. In fact, only one sector saw an increase in the number of closures in 2020: electricity, gas, steam and air conditioning supply, which saw an increase of 26.4 percent
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