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  1. Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
    By Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    lower than last year. This corresponds to a drop in revenues of more than 7.8 percent in Q4 compared.... Meanwhile, the productive model should focus on attracting investment and shift towards internationally

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  2. Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017

    Agora

    of sharp drop in impairment losses, cost containment, modest net interest income (NII) growth... the examination of each bank’s business model, governance and risk management, risk to capital and risk

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  3. BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
    Photo by MacroPolis

    EconomyMacroeconomy

    three major legacy problems from the prolonged recession over recent years and sharp drop... unemployment levels, involving a shift in the Greek economy to an outward-looking growth model which

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  4. APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs

    EconomyBanking

    of 18 months. This can be extended by a ministerial decision. The scheme replicates the Italian model... billion euros of NPEs in overall movements that saw NPEs drop to 75.4 billion from 81.8 billion

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  5. Newsletter 233 - 20/12/2019

    Newsletters

    that Athens is looking at the model used in France for such occasions. The government says..., Hellenic Statistical Authority (ELSTAT) figures revealed this way. The drop in the annual rate is the first

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  6. BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
    Photo by MacroPolis

    Economy

    , Covid-19 spreading will lead to a drop in domestic demand as private consumption is expected... economy. Zero growth Incorporating all those shocks in BoG’s forecast model leads to a new baseline

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  7. Lenders acknowledge reforms, flag up tricky fiscal path ahead

    EconomyProgramme

    an improved process for senior management positions and energy-related through the Target Model are also... and the drop of the solidarity levy, noting that they should be temporary in nature to keep the debt

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  8. Covid recession bumped pension spending to 18 pct of GDP in 2020
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    . Following the pandemic-induced bump, pension spending is expected to drop to 13.8 percent of GDP... of Greece’s economic model – something that the government is banking on in its Greece 2.0 plan for how

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  9. Opposition clashes with govt over high energy prices, cost-of-living measures

    PoliticsGreek Politics

    euros/MWh in France and 299 euros/MWh in the UK. Greece has not benefitted from the recent drop... and missteps in the government’s economic model, often by drawing comparisons to European peers. New face

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  10. Newsletter 411 - 09/02/2024

    Newsletters

    the possibility of top-flight foreign institutions setting up chapters in Greece, pointing to the model... a drop of 11.3 pct annually in December, leading to a deficit of 2.61 billion euros. Imports totalled

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