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Covid recession bumped pension spending to 18 pct of GDP in 2020
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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Opposition clashes with govt over high energy prices, cost-of-living measures
PoliticsGreek Politicseuros/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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Newsletter 411 - 09/02/2024
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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Parties turn focus on economy as PASOK struggles with election fallout
PoliticsGreek Politicsin the form of a drop in inflation, however he acknowledged that the real goal was to bring prices... cuts to VAT on the model of other European countries, claiming that the measure would be ineffective
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Newsletter 474 - 05/09/2025
pct which leads to a significant drop of almost nine points. Although the data is accurate... to an interesting debate as Greece’s productive model has not shifted and the economy remains heavily
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ECB tests find negligible capital shortfalls at Greek banks
Economyfor capital needs was based on the agreed restructuring plans (dynamic model) rather than the end-2013 figures (static model). The ECB noted in its country results that the aggregated capital shortfall.... Eurobank Under the static model, Eurobank showed a capital shortfall of 4.63 billion euros, which
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Another Eurogroup for Greece where all options fell short
AgoraCommissioner Pierre Moscovici was the first to take the floor and his remarks suggest that over... Thomsen’s remarks that what is on the table falls well short of what the IMF considers necessary.... Schaeuble’s closing remarks set the tone for the next weeks and the possible outcome of the next Eurogroup
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Turkey closes borders, Greece keeps up pressure
PoliticsForeign Policyissues the Ministers also talked about ways to restrict the spread of corona virus. New challenges
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Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
Economybacked over the last few days the idea of issuing a so-called corona-bond. However, this proposal met
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Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch
Economy. It is clear, though, that the idea of a “corona-bond” in the form that some eurozone member states
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