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  1. Newsletter 221 -27/09/2019

    Newsletters

    Fiscal gap issue not settled Fourth review talks over but institutions not yet satisfied... with the European Commission’s current estimate of 2.2 percent growth, and 2.1 percent for this year... will be hit particularly hard. The Greek Tourism Confederation (SETE) estimated that the economic losses

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  2. Post-Covid era dawns on new landscape for bad debt in Greece
    Photo by MacroPolis

    EconomyFeatures

    by ceding the property to a specially set up state body. The scheme has yet to be tested, as the agency... estimate that as many as 30 pct of residential properties currently scheduled for auction could qualify... residential loans. The January 2021 Financial Stability Review from the Bank of Greece estimated

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  3. Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
    Photo by MacroPolis

    Economy

    by half a percentage, from 2.3 percent in the previous official Greek estimate in the Stability Programme to 2.8 percent. At the same time, the estimate for this year’s growth is revised down to 2... in December. The growth estimate of 2.8 percent for next year is a substantial revision from

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  4. No victory, just plenty of misery

    Agora

    in the single currency area. Looking at the situation in a number of eurozone countries, and Greece... programme the IMF admits that the flaws became evident as early as the beginning of 2011. Yet, Greece.... It is also difficult to believe that the euro area’s lead country, Germany, can base such crucial

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  5. Gender stereotyping rife in workplace, say Greeks

    Society

    to the Eurobarometer survey (pdf), “at work” was the most widely cited area of life in 22 member states where... (36 percent), Lithuania, Poland and the UK (37 percent in each) and Latvia (38 percent). Yet... the two countries where respondents perceive the greatest positive change in the area of gender

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  6. Greece being boxed in by refugee crisis and security concerns

    Agora

    of the 26-member Schengen area. The Dutch government, meanwhile, has put forward the idea of creating... to reports, apart from preventing passport-free travel for EU citizens into this condensed area, it would... be housed in transit camps outside the “mini-Schengen” area. At the same time, Turkish Prime Minister

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  7. Greece seeks EU help on refugees after Schengen threat but big challenges remain
    Photo via Frontex http://frontex.europa.eu/

    PoliticsForeign Policy

    reports about some EU members considering ousting Greece from the border control-free Schengen Area..., which has not yet created all of the so-called “hot spots” it promised and has not found the 50,000... the Schengen Area proved too much of an embarrassment for the government not to act immediately, especially

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  8. How 'clean' can an exit be? Athens snared between Rome and Berlin
    Photo by Angelos Christofilopoulos/Fosphotos

    Agora

    environment for Greece, the most important interlocutor in the euro area is yet again playing political... of political risk in the euro area. Disregarding political dangers emanating from Rome for too long... experiencing – but in reverse – what contagion through risk factors in other euro area member states

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

    Agora

    not yet resulted in cash flows. Combining cash and non-cash data gives rise to the term “modified cash... amount that stands out in comparison with any partner country in the euro area. It is this (broadly... and possibly also in the euro area. Greece also incurred financial operations that increased the debt beyond

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  10. BoG sees Greek growth resilience, highlights global risks
    Photo by MacroPolis

    EconomyMacroeconomy

    %, from 3.0% in 2024, yet remains notably higher than the euro area average of 2.1%. Banking sector... area average of 1.4%. Economic growth was primarily led by private consumption and investment activity...), reaching its lowest level since Greece joined the euro area and converging with the Banking Union

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