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  1. Moody's leaves Greece's rating unchanged, one notch from investment grade
    Photo by Panayiotos Tzamaros

    Economy

    is seen at 2 pct. The current account has also improved, with the deficit dropping to 6.4 pct... 161 pct in 2023. Moody’s notes that the challenges for the economy include the large current account... are not delivering the boost to growth and fiscal accounts currently expected, weighing on business sentiment could

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

    Agora

    is not a strong saver either—hence the permanent current account deficits for the country as a whole... with relatively high inflation and a large current account deficit. That was the problem in the past. [2] All data..., interesting. The fiscal accounts are being adjusted/tightened by increasing indirect taxes net

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  3. Eurozone periphery condemned to low wages, demand, EC study suggests
    en_GB Photo by Harry van Versendaal

    Economy

    but also inflationary responses where there is a competitive current account surplus advantage... to keep the current account in moderate deficits or even balance, leaving it unable to make a serious

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  4. Are politicians in Greece promoting reforms or social cannibalism?
    en_GB Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    timing. As ever, there was no discussion of holding to account whoever was responsible... and cheaters are being held to account. Their actions are indefensible. It is equally unforgivable, though

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  5. After Q3 results, what next for Greek banks?

    Agora

    participated in the rights issues last June, which also took into account the warrants that were... to be taken into account are existing capital buffers and loan loss reserves as well as targeted capital

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  6. Troika inquiry: talk to the organ grinder, not the monkey

    Agora

    The European Parliament’s inquiry into the troika and its record in eurozone bailouts sounds like a welcome effort to hold Europe’s crisis managers to account. Unfortunately, the inquiry’s report... its mission. But that’s a biased view of how the eurozone crisis happened. A more complete account

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  7. General gov't cash surplus widened to 2 bln in January

    EconomyMacroeconomy

    of outstanding arrears comes from social security funds, which account for 2.81 billion (58 percent of total... also rose by 100 million month on month to 790 million euros and account for 16 percent of total

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  8. What kind of poll win does SYRIZA need to eye snap elections?
    Photo by MacroPolis

    PoliticsGreek Politics

    factors that SYRIZA will have to take into account: What share of the vote it gets, what... all this into account, if the turnout does not reach a new record low and SYRIZA sees its share

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  9. Greek Tourism Association sees tourist arrivals rising to 19 mln for 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    , namely UK, Russia, Germany and Italy, account for 57 percent of scheduled visits. These countries also... visits from Russia and Ukraine, which account for 15 and 2 percent of total and contribute 13 and 2

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  10. Eurostat 2012 figures raise questions about Greece's tax policy

    Economy

    percent respectively). Taking into account the nominal GDP contraction of 7.3 percent in 2012, we conclude... for the euroarea countries. Capital taxes account for 21.8 percent of tax revenues in Greece similar

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