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Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped by another 2.22 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday. In the previous month, it dropped at a slower pace of ...
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...
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The Greek election's winners and losers
AgoraA clear win for New Democracy, a manageable defeat for SYRIZA, Golden Dawn being booted out...) in the past. Golden Dawn The inability of Golden Dawn, which gained 2.93 percent, to enter Parliament.... Golden Dawn lost almost 215,000 votes compared to September 2015. A new addition to Parliament this time
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Newsletter 1 31/10/2014
on the dynamic (agreed restructuring plans after the end of 2013) rather than the static (end-2013 figures) model... involves the capital surplus that Greek banks showed under the dynamic model, which reached 10.7... lender that passed the stress tests under the static model even without taking into account
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Report reveals institutions’ views on labour market reforms
EconomyProgrammeand thus enhance employability. The institutions favour a labour model of flexibility with security (flexicurity) that is applied in Denmark. The key characteristics of the Danish model include... and social dialogue. This model allows for numerical (extended use of overtime, frequent hirings
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Economic sentiment slips to 89.7 in May, consumer confidence rebounds to -71.9
EconomyMacroeconomyGreece’s economic sentiment (ESI) fell by 0.6 points in May after increasing in the preceding two months, European Commission (EC) data showed on Monday. The ESI has hovered around the 90-point mark..., when ESI also fell below the 90-point mark. From its recent low of 76.1 last August, the current ESI
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Economic sentiment at 113.2 in Feb, strong improvement in services and retail
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose by 3.7 points in February to reach 113.2 points, European Commission (EC) figures showed on Thursday. The EC noted that the ESI figures have been historically... (EEI). This indicator has been designed to complement the growth-related focus of the ESI
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Economic sentiment on up again after 4.2 pt rise in Jan
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued its upward trend in January, after a pause in December, increasing by 4.2 points to 114.2, according to European Commission figures released on Friday. ESI... reported in January is the highest of the series. Over the rolling 12-month period, the ESI has
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Is New Democracy really trying to ease political tension?
PoliticsGreek PoliticsAddressing the nation in the wake of anti-fascist rapper Pavlos Fyssas's murder by a Golden Dawn... together Greece's leftist parties as "extreme opposition." "The cases of Golden Dawn on the one hand... with the so-called "theory of the two extremes". As the theory would have it, if Golden Dawn is one
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New Democracy on course for clear majority, opinion polls suggest
PoliticsGreek Politicslike to squeeze Greek Solution and neoNazi Golden Dawn to such an extent that they fail to meet... support away from Greek Solution and Golden Dawn, as well as attract more undecided Greeks or those who... percent, SYRIZA on 23.7, KINAL 6.2, KKE 5.1, Golden Dawn 4.6, MeRA25, the party led by former finance
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