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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammea preference for an ambitious, front-loaded adjustment, the report notes that the IMF clearly saw... the adjustment more durable and equitable. In addition, Greece needs strong ownership and a number
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Labour market developments in Greece during Covid-19
Agoraare gainfully active in the labour market. · At the onset of the euro-crisis in 2009, we even saw a temporary... progress is more durable than spectacular success stories. While the latter is politically more
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Stock taking: Where is the Greek economy now?
Agora(which has incurred reforms and saw its wages fall)? We hope that we are simply mistaken about... are probably transient and passing, and which ones are more durable and structural. It is the latter that do
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Broad impact of inflation crisis becoming clearer
Agora, which saw the Greek number climb to 10.7 pct in May, from 9.1 pct in the previous month. HICP... by 15.7 percent, capital goods were up by 10.8 percent, non-durables up by 4.8 percent and durable
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Newsletter 410 - 02/02/2024
PoliticsProtesting farmers open new front for governmentThe government saw a new front open this week in its battle to maintain political stability as farmers took to the streets to protest against... of the drop is attributed to energy and fuels that were down by 12.8 pct annually. Non-durable consumer
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Greek economic sentiment and consumer confidence fall for third month in a row
EconomyMacroeconomyGreece’s economic sentiment (ESI) decreased for the third successive month at an accelerating pace, falling to 99.3 in September from 102 in August, according to the European Commission (EC... of 104.1 posted in June, Greek ESI has lost almost 5 points. However, the year to date balance remains
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Greek economic sentiment and consumer confidence fall sharply in December
EconomyMacroeconomyAfter improving in the preceding two months, Greece’s economic sentiment (ESI) fell by 3.8 points to 98.9 in December from 102.7 in November, according to the European Commission (EC). The ESI figure for December is the lowest reading since Apri, while the monthly change suggests the sharpest drop
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Big falls for economic sentiment and consumer confidence in April
EconomyMacroeconomyGreece’s economic sentiment (ESI) contracted by 4.1 points to 92.7 in April from 96.8 in March, according to the European Commission. The monthly drop in April is the sharpest deterioration since May 2010, while the headline figure of 92.7 is the lowest reading since January 2014. The ESI headline
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Economic sentiment down 0.7 pts in June, consumer confidence also falls
EconomyMacroeconomyGreece’s economic sentiment (ESI) fell for the fourth straight month in June, when it was down by 0.7 points to 90.7 from 91.4 in May, according to the European Commission (EC). The June headline figure is the lowest reading since August 2013. Since the beginning of the year, the ESI has dropped
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Economic sentiment edges up to to 90.3 in April, consumer confidence falls for fourth month
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose for the second straight month in April, albeit by just 0.2 points to 90.3, according to European Commission (EC) data published on Thursday. The March headline... mark. ESI had dropped to a recent low of 76.1 last August and has improved by 14.2 points since
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