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Greece and the euro: The flight of Icarus
Agora. When one considers that Greece accounts for less than 4 percent of the eurozone’s total debt or GDP... tripled. From 1984 onwards, Greece enjoyed almost uninterrupted positive growth rates each year. Europe... costs for Greek citizens also declined sharply. As a result, Greece began posting growth rates of 4
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Newsletter 310 - 01/10/2021
Rafale jets, taking the total it has ordered to 24. Domestically, the agreement has been greeted
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FM rallies opposition to Turkey-Libya deal as Athens prepares for EastMed signing
PoliticsForeign Policyfrom Ankara’s side, especially following the signing of two memoranda with Libya. In this context... announcement said that talks centred on the situation in Libya and prospects of ending the civil
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Greece, Turkey launch new round of talks as Libya sea deal casts shadow
PoliticsForeign PolicyForeign Minister Nikos Dendias is due in Brussels on Monday to attend the General Affairs Council which will focus, among other things, on the ongoing developments in Libya. According to media... in Libya on November 29, 2019. The inclusion of the memorandum’s sea zone maps in the UN's database
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Corporate lending rates fell in March, time deposit rate slightly down to a new low of 0.88 pct
EconomyMacroeconomy. The headline figure indicates a new low for time deposit rates since 2002. Since the imposition of capital controls at the end of last June, Greek banks’ time deposit rates have dropped by 93 bps amid lack... of 0.61 percent. Overall, the weighted average rate on total new deposits slipped marginally by 1 bp
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Athens pleased with Washington talks despite lack of definitive US position on Turkey
PoliticsForeign Policyactions in the East Med and Libya. The Greek government has many times since Tuesday tried to play down... replied: “when you're talking about Libya, we're discussing with President Erdogan, we're discussing... talked about that subject specifically — Libya and what's going on. We'll be talking to Russia
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Stable rate in time deposits, corporate loan rates pick up in July
EconomyMacroeconomy35 bps above the average eurozone rate of 0.51 percent. Since the other deposit rates did not record any material change in July, the weighted average rate on total new deposits remained flat at 0.42 percent in July, at their lowest level since 2002. Loans Corporate loan rates picked up in July
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New overdue taxes up by 776 mln in March, total stock at 101.44 bln
EconomyMacroeconomypercent of the total figure for new tax, or around 3.31 billion, stems from tax categories... month in the first quarter of 2018, another 1.19 billion of taxes went unpaid. The total number of tax debtors fell again in March by 56,432 after declining notably in February by 143,036. The total
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Minister stresses limits on hospital resources as Covid rates continue to rise
PoliticsGreek PoliticsRising infection rates and pressure on hospitals are leading to renewed concerns about the capacity... of 2.05 pct and 34 deaths. A total 347 patients remain intubated in ICUs. Discussing the latest data... increasing at a rate of 4 pct while total hospital admissions rose by 30 pct over the past two weeks
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Post-election blamestorming or Why Harris lost and the Democrats should nominate Oprah
Agorafor plummeting unemployment rates and rising wages. Everywhere you turned, there was sticker shock... name recognition and openly back by the richest man in the world, Elon Musk. The depth
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