Search
-
Central government debt rises to 406.18 bln in Q4 as repos increase
EconomyMacroeconomymaturity showed that long-term (over 5 years) debt made up 71.5 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 19.1 percent and 9.4 percent... by roughly 5 billion euros, following another debt prepayment. Most of the FSM loans relate to the EU’s
11% -
Has external competitiveness been fixed in Greece?
Agorathe euro zone is an important indicator of significant progress. Figure 1 above shows some summary... in these calculations from figure 1 above? The lower bold line of figure 1 is the IMF’s REER.... Why 1992? We will explain shortly. Let us first look for the same concept of the REER in figure 1
11% -
What brought down Golden Dawn?
Society, 6 percent to SYRIZA and 5 percent to Greek Solution. Rather than supporting the theory... briefly joined the coalition government in 2012. In fact, only 1 in 10 Golden Dawn voters in May 2012... kitchens for destitute and unemployed compatriots and families with multiple children.” According
11% -
A breakdown of Greece’s revised financing needs as part of its new ESM programme
EconomyProgramme(1.8 billion). 5) Greek Loan Facility (GLF) loan (1 billion). 6) New European Stability Mechanism (ESM... in the August 2015 – 2018 period. This amount incorporates: 1) Amortisation on the Eurosystem ANFA... sector (8 billion). 4) Payment of EFSM bridge loan (7 billion). 5) Unwinding of repo operations (3.5
10% -
Is Greece on track to decouple from fossil gas?
Agoraelectricity imports (+1.23 TWh)[1]. Figure 5: Changes between 2021 and 2023 in meeting electricity... gas imports were literally null (Figure 1). Figure 1: Russian gas imports from the Turksteam pipeline... decreased by 4.02 TWh, followed by industry (-3.37 TWh) and distribution networks (-1. 3 TWh). However
10% -
Public sector capital stock in Greece and the Euro-19
Agorain fixed capital stock is important for the wellbeing of all citizens. Figure 1 below shows two lines... formation; and we deduct 5 percent depreciation of the existing prior year real capital stock... spending in the economy as a whole.[1] Benchmarking. Similar calculations of the size of a public sector
10% -
Newsletter 52 - 20/11/2015
passed the omnibus bill containing the last set of prior actions to unlock the next sub-tranche of 2... percent of GDP in 2015 and around 1 percent in 2016. In mid-July, the government legislated... into the Unified Auxiliary Insurance Fund (ETEA). The first set of new pension measures would reportedly target
10% -
Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammecontributions for supplementary pensions by 1.5 percentage points (pp), 1 pp for employers and 0.5... in contributions e.g. for 1 pp in total. This means that the government has to consider alternative measures... by 1.13 billion, there are several items worth around 1 billion (0.6 percent of GDP) in the 2016 budget
10% -
Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
EconomyProgrammeis set to agree to the threshold for the maximum deposits an applicant can have being set at 30 percent of the residual mortgage. The maximum level of the residual mortgage was set at 130,000 euros in the government’s original proposal. The report also suggests that Greek authorities are set
10% -
Newsletter 170 -13/07/2018
on the five islands. The savings are set to come from reductions to the defence budget. Tsakalotos also had to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos and Samos... not constitute a fourth programme for Greece, Brussels set out the key parameters for enhanced
10%