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IMF report sees a number of risks lying ahead for Greece
EconomyProgrammepercentage point (pp) each. In addition, lower privatisation has increased the projected debt ratio by 0.4... of alternative funding have decreased the projected 2020 debt ratio by 1 pp each. Debt sustainability
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General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop
EconomyMacroeconomyin the 5-month period. But it is steadily narrowing each month compared to the 881 million recorded... this year, after increasing in each of the preceding four months. The outstanding figure reached 5.14
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Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
Economylower levels (less than 600 million for each item) indicating a strong fiscal performance in June.... This implies that tax debt is increasing by an average of 1.04 billion each month so far in 2014
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The IMF crisis and how to solve it
Agoraall Directors' objections to decisions, Record individual voting and each Director's individual... is that not racist?. Arguably, the Fund was led by three "inappropriates" in the 2000s. Each of Kohler, De
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The tarnished legacy that will haunt the Athens Olympics
AgoraThe Olympic Games only come around every four years but for enthusiasts there is at least an annual pastime to keep them busy: Each summer, like clockwork, photographs of disused Athens 2004 venues... this particular issue each year is not going to change that. Understanding the failings of Athens 2004
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Car sales up by 20.8 pct in August but rise continues to slow
EconomyMacroeconomyof the 8-month period in each of the preceding five years mainly for seasonal reasons. The aggregate..., following a drop exceeding 30 percent in each of the preceding three years. In absolute terms, car
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Greek wages index falls 1 pct in Q2, down 23.8 pct since 2010
EconomyMacroeconomyquarter of each year is historically the weakest quarter of the NSA wages index. That said, due... in Q2 were Ireland (-1.2 percent) as well as Italy and the Netherlands (-0.1 percent each
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ECB plans for ABS, covered bonds purchases leaves doubts for Greek banks
Economyat 5.6 billion, followed by Alpha and Eurobank at 3.6-3.7 billion each, while Piraeus figure stands... billion, while Alpha and Piraeus figures are between 7 and 7.5 billion each. Taking into account
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Wealth in Greece plunged by 170 bln since 2007, report finds
Societymaking up close to 60 percent of each country’s total wealth. On the flipside, for countries like...), followed by Greece and Slovenia (0.8 percent each). The report also notes that Greece has high debts
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ECB tests find negligible capital shortfalls at Greek banks
Economyfor each individual bank is the maximum figure of the three capital needs that would derive from... for each bank. It does not take into account the surplus posted for those two banks in the stress
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