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How Greek banks were left on the brink
Agoratime, lenders’ fundamentals began deteriorating again. Banks’ market value at last year’s issue... levels in February (9.6 billion), eased to 2.2 billion in March and then increased again to 4.7 billion.... Non-performing loan (NPL) formation went on an upward trend again after a short-lived slowdown
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Where is Odysseus? Part 5 - Productivity
Agoraof real GDP, which is presented in Figure 2. Again, we show the current path as the solid line... recession are again prominent. The recovery in 2021-2023 brings real GDP back to the path... again, as well as a new round of increases in the debt (already before Covid was discovered
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Stock taking: Where is the Greek economy now?
Agoralacking businesses of scale. The government has picked up on this theme, and, again if the newspapers... interest rate loans to support mergers; and regulatory relief. Again, we come away with a sense... in different parts of Greece. Crisis management is yet again the primary order of business
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Erdogan makes forceful start to visit, catches Athens off guard
PoliticsForeign Policycompounded the feeling that the Greek government would have preferred Pavlopoulos not to engage... on stronger bilateral ties to engage with Ankara. However, the start to Erdogan’s trip suggests
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Athens wary as exploratory talks with Turkey approach
PoliticsForeign Policyadded. Ideally for Greece a time to re-engage in a new round - the 61st - of exploratory talks could...,” said Dendias. Either way, it appears certain that in the weeks to come Athens will engage in new
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Turkish missile test adds to complexity of defence assessment in Athens
PoliticsForeign Policya sympathetic ear to these invitations. It prefers to engage in unlawful conduct. I want to make... not lend a sympathetic ear to these invitations. It prefers to engage in unlawful conduct.” Dendias
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Greece and Turkey take step forward in ties after leaders' talks on UNGA sidelines
PoliticsForeign Policyto the negotiating table, to at least establish mutual trust, and to engage in a frank and honest... in New York that he was ready to immediately resume reunification talks, urging Turkey to also engage
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Greece stands on fault line between vicious and virtuous cycles for 2016
Agorabillion, the ECB again poses a major hump in July with maturities of 2.3 billion euros while the overall... probability that he will endorse again an escalation of tension with the quartet. The maneuvering... is far from over and it will once again set the tone for the New Year in the ongoing cycle that has
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The wit and will of men
Agora” and “an agreement in a few weeks” were a few of the perennial quotes trotted out again by officials... regarding the path out of the crisis. It would also mean Greece being sold short again in the latest... ended up here again but there can really be no doubt. Nick Malkoutzis
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Unemployment rate inched up again in Sept to 27.4 pct
EconomyMacroeconomyThe seasonally adjusted unemployment rate in September rose marginally to 27.4 percent, from 27.3 percent in August, according to data released by the Hellenic Statistical Authority (ELSTAT). The September rate is now just under the historic high of 27....
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