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  1. Newsletter 217 -02/08/2019

    Newsletters

    for those on lower incomes and the middle class.” He said that those owning properties worth more than 1... from 5 percent to 3 percent. Furthermore, businesses that owe up to 1 million euros (the original debt... issue 26-week T-bills just short of 1 percent with the eight issues of this duration over the year

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  2. Newsletter 218 -06/09/2019

    Newsletters

    and operate a casino on the site. He also pledged to invest more than 1 billion euros. On the back... also rose by 2.8 percent. Meanwhile, exports of goods increased by 4 percent, and exports of services... prices increased by 1.7 percent in 2018, compared to an average price contraction of 1 percent

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  3. Piraeus Bank posts pre-tax losses of 215 mln in H1
    Photo by MacroPolis

    EconomyBanking

    ) in H1 came to 727 million, up by 1 percent YoY, mainly on the back of improving funding costs... million euros. In Q2, operating expenses came to 255 million, down by 14 percent YoY and 1 percent... improved to 83 percent versys 85 percent a year earlier. Capital The Common Equity Tier 1 (CET1) ratio

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  4. Newsletter 277 -11/12/2020

    Newsletters

    budget (-4 million) and extrabudgetary funds (-2 million). Hospital arrears rose by 10 million MoM... slight 1 million. 2 Unemployment rate at 16.1 pct in Sept Rate for same period in 2019 stood at 16.9... by 1​.04 bln month-on-month as debtors rise New tax debt totalled 4.94 billion, lower than the figure

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  5. Reflections on Greece's balance of payments
    Photo via https://flic.kr/p/5Yb76K

    Agora

    of payments.[1] We can also say that Y - C = S: income minus consumption equals “savings” in the economy... to the balance of payments. This institution was called the “International Monetary Fund.” Figure 1 below... of 12 percentage points of GDP (mostly in the private sector), with a recovery in savings of 4

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  6. Where is Greek growth coming from?
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    three stages for the Greek economy. 1) The collapse of activity between early-2009 and mid-2013. Quarterly growth rates hit -4 percent several times, and were negative overall. A truly deep recession..., which drives aggregate demand.[1] Aggregate supply can be captured by two numbers: how many new workers

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  7. Our cruel summer
    Photo by MacroPolis

    Agora

    . As Storm Daniel dumped months’ worth of rain in Thessaly on September 4 and 5, causing almost 20 deaths...” or “Pakistani” to be used liberally as a catch-all description for anyone deemed to be inferior or dispensable

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  8. After Merkel, Samaras faces immediate challenges on domestic front
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    soon both on the “prior actions” remaining for Greece to receive its next bailout tranche of 1... that the October budget execution figures meant that Greece would only have to make extra savings of around 1... on December 4, when Parliament is expected to vote on the new, unified property tax. With Greeks being

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  9. Bank of Greece sees 0.5pct growth in 2014 but warns of political risks

    EconomyMacroeconomy

    surplus of 1% of GDP for the first time in 2013, according to the Bank of Greece’s (BoG) interim report on Monetary Policy published on Tuesday. GDP is seen contracting at around 4 percent in 2013, while... to decline by 1 percentage point (pp) in 2014. The BoG stresses that the key risk lies with the political

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  10. Significant post-election economic challenges await Greek coalition

    Economy

    -tranche of 6.3 billion in late April. The remaining two sub-tranches of 1 billion each are due...) to 1 percent constant for the next 50 years. This could result in total savings of 25 billion (14... negative in January 2011 and has been hovering at around 4 percent over the past two years

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