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  1. Greece tugged down in WEF competitiveness ranking by financial system, institutions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    places compared to 2018. Within the worst-scoring pillar of financial system, in the subcategory..., and number 73 for road connectivity. Under the pillar of Institutions, Greece scored 85 overall, improving by two places since 2018. The worst scoring sub-components within this pillar came in at number

    12%

  2. Mitsotakis projects readiness and EU-backed strength as Tsipras questions policy
    Image: Hellenic Navy

    PoliticsGreek Politics

    landscape. The government’s response has crystallised into a four‑pillar strategy - repatriation, defensive reinforcement, diplomatic coordination and economic contingency planning - but each pillar is now... to Turkey’s belated objections. The repatriation pillar has become a continuous, high‑intensity

    12%

  3. Company closures dropped sharply during the pandemic
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    and retail trade; repair of motor vehicles and motorcycles” which saw 8,082 closures. While that may seem... actually dropped 18.9 percent. In fact, only one sector saw an increase in the number of closures in 2020: electricity, gas, steam and air conditioning supply, which saw an increase of 26.4 percent

    12%

  4. Greek fiscal deficits and debt since 2000
    Photo by MacroPolis

    Agora

    deficits were accumulated during the period 2000-2010 of some €176 billion; the decade thereafter saw... not a result of domestic accounting. The reason we mention these differences is that to analyze

    11%

  5. Newsletter 279 - 05/03/2021

    Newsletters

    closures dropped during the pandemic Only one sector saw an increase in the number of closures in 2020... and motorcycles” which saw 8,082 closures. Mostly this was due to it being one of the most populous sectors... of company closures in the sector actually dropped 18.9 percent. In fact, only one sector saw

    10%

  6. Europe missed an opportunity on banking union
    Illustration by Manos Symeonakis [http://www.cartoonmovement.com/p/6035]

    Agora

    on the countries of Southern Europe. This brings us to the second pillar, the single resolution mechanism..., Mrs Merkel has already demolished this third pillar by ruling out any possibility of the ECB

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  7. ECB stress tests and what they will mean for Greek banks
    Photo by MacroPolis

    Economy

    provisions. A capital benchmark of Common Equity Tier 1 (CET1) of 8 percent was set for this pillar. The second pillar is a stress test conducted in cooperation between the ECB and the European

    10%

  8. 2014 is not 2012
    Photo by MacroPolis

    Agora

    as part of the bank support schemes known as Pillar II and Pillar III. According to their latest

    10%

  9. Greek banks' Eurosystem funding rises again in November, up by 1 bln

    EconomyMacroeconomy

    mainly relates to state-guaranteed (Pillar II) bank bonds and EFSF bonds, received by Greek banks in exchange for HFSF participation in their capital increases in the second quarter of 2012. The Pillar

    10%

  10. The numbers behind Greece's reform proposals

    EconomyProgramme

    commitment involves the bulk of the first pillar of the Thessaloniki programme, addressing the needs from... stamps. The total cost of the first pillar was estimated by SYRIZA at 1.86 billion euros and also

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