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Greece and Turkey move ahead with talks on Confidence Building Measures
PoliticsForeign PolicyDelegations from Greece and Turkey discussing Confidence Building Measures (CBMs) are due to meet at the Ministry of Defence in Athens on Monday. The delegations will be led by ambassador Theocharis Lalakos and Turkey’s deputy foreign minister Burak Aksapar, respectively. High-ranking military
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The allocation of labor resources in Greece and the EU-27
Agora. Employment increased prior to the Greek crisis during the boom years 2001-2008. But this increase... of a large increase during the last few quarters of PM Simitis’ PASOK government while preparing... had the upper hand. The biggest decline in government employment took place during the PASOK period
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Where is Odysseus? Part 5 - Productivity
Agoraestimate of productivity growth for this period is 0.19 percent (less than half Odysseus’ objective... of productivity during the Covid-19 recession and policies followed since 2018 to date have... labor allocation in Greece is toward the government, especially during the terms in office
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Newsletter 350 - 09/09/2022
that the Greek economy managed to hold its own during the first full quarter of global uncertainty... to the end of March 2021. During the first half of 2022, all components out-performed year-on-year. Private... by 18 pct in H1. The trade deficit during the first quarter reached 5 billion euros, with the goods
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Can the Green Transition be just?
Agorathat the introduction of the ETS-2 constituted the most thorny issue during the last revision of the Emissions Trading Directive, which took place during the turbulent period of the energy and geopolitical crisis... doubled 1990 emissions and, subsequently, markedly decelerating during the period of the great economic
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Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
EconomyMacroeconomygrowth estimate in the final budget for 2022. Harmonized inflation is also significantly revised... assume the continuation of the relief measures that were introduced during the pandemic - lower social... inflation is 2 percentage points above the latest estimates, and a benign one where inflation
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Updated Greek reform proposals see 2015 primary surplus reaching programme target 3 pct
EconomyProgrammebroadly the same and were discussed during a Euro Working Group teleconference on Wednesday afternoon... of GDP in 2015 incorporated under the assumption that there are no policy changes. This estimate... (privatization proceeds) of 1.5 billion for 2015. Under more positive estimates on the revenue
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Newsletter 71 - 22/04/2016
for 2015 is above the recent government estimate of 0.2 percent and much better than the programme... minister took control of the opposition party. In fact, Mitsotakis’s comment during the parliamentary... and the suffering of leftists during the Second World War, civil war and the military dictatorship strengthen
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New medium term plan to 2028 sees tight fiscal path, moderate growth once RRF concludes
EconomyMacroeconomythe RRF is expected to get wound down, with growth of 1.5 and 1.3 pct respectively. The estimate... in the adverse scenario the debt ratio stays below 125 pct of GDP in 2038. During the press conference... by the authorities during the first term thanks to the escape clause that allowed the Greek government
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Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near
EconomyMacroeconomyin the last quarter of 2010 with a fall of 9.2 percent, the sharpest during the crisis years. From... the economy to grow by 0.6 percent this year. After today’s flash estimate and revisions, this means... the estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9
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