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  1. Has internal devaluation really helped Greek exports?

    Economy

    finds that indirect tax increases pushed the cumulative effect of consumer price inflation by 6... of scale. Given that internal devaluations do not have the automatic effect of reducing relative

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  2. EU subsidies help push Q1 primary budget surplus to 1.57 bln, well above target

    Economy

    million, up 230 percent, and also reflecting a low-base effect. Unlike last year, the recorded tax... reflecting a low base effect. Overall, the 3-month PIB balance showed a surplus of 1.12 billion

    12%

  3. Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend

    Economy

    to 703 million, also reflecting a low-base effect. Unlike last year, the tax refunds so far in 2014... almost doubled year on year to 918 million also reflecting a low base effect. As a result, the 3-month

    12%

  4. Car registrations continue to rise; up by 9.1 pct in April

    EconomyMacroeconomy

    recorded in the preceding three months, which also reflected a low base effect. As a result, the headline... 2007. That performance, which also reflected a low-base effect, followed a nosedive exceeding 30

    12%

  5. European Commission paper highlights challenges for Greek exports

    Economy

    since then, the increasing export-to-GDP ratio actually masks the effect of falling GDP during the crisis years. Adjusting for this denominator effect reveals that the shrinking trade deficit was mainly

    12%

  6. Drop ‘til you shop
    Photo by MacroPolis

    Agora

    and this has a positive knock-on effect. Apart from that, it is only logical that as the nature... districts. Also, if there is to be a positive knock-on effect for employment, Greece needs to think

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  7. Greek retail sales dive 8.5 pct in May after brief rise in April
    Photo by MacroPolis

    EconomyMacroeconomy

    trade reflects a high base effect, while that of April 2014 incorporated a low base effect. For the same

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  8. Greek economic contraction during crisis higher at 24.6 pct, revised data shows
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    in 2009 (from -3.1 percent). The combined effect of the revisions on nominal GDP for the end-year... (+1.25 billion). Both are now recorded as gross fixed capital formation. b) A positive effect

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  9. Newsletter 4 - 21/11/2014

    Newsletters

    without new measures, and will be mainly supported by the carry-over effect from the over-performance... have a decisive effect on whether the government finds the 180 votes it needs for its candidate

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  10. Greek DSA: Don't Say Anything about the debt
    Photo by MacroPolis

    Agora

    and the growth assumptions have the lion's share in the cumulative effect of debt reduction in the period... for optimal public asset management. The combined effect of this new reality could very well take

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