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Newsletter 283 -05/02/2021
to fund more relief measures for businesses as the coronavirus has knocked the 2021 budget off track... that the communications budget will be used to promote ND’s interests in the media. Hercules nears end of first cycle... to the central bank. 2 PMI rises to 50 points in January Figure signals unchanged operating conditions
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Covid-19 stretches health system again, putting reopening of shops in doubt
PoliticsGreek Politics- sales plummeted by up to 50 pct. Government officials are also painfully aware that keeping shops closed carries a huge cost for the state budget. Each week that goes by with the retail sector closed costs the budget around 500 million euros. Koufodinas As the government juggles with the complexities
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Public sector capital stock in Greece and the Euro-19
Agora. The figures above begin with an assumed net capital stock of 50 percent of GDP in 1995 (in the middle... countries are challenged in managing the capital budget and preventing corrupt abuse. Good capital... in the budget. Balance sheet capital stock. When we want to assess the efficiency of capital
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Government accused of complacency on food supply and price hikes
PoliticsGreek Politicsby an additional 20 pct in the coming days, bringing the total price increase since autumn to 50 pct... Budget Office put average inflation for 2022 at 7.4 pct in its base scenario, which included a 25 pct increase in the food price index. The adverse scenario would see food prices rising by as much as 50
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Moody's upgrading Greece to investment grade puts an end to painful 15-year cycle
Economymaintained a strong policy stance, generating substantial primary budget surpluses. Moreover... to maintain primary budget surpluses of 2–2.5 pct of GDP through the medium term. Greece has also... fallen by about 50 percentage points, and it is estimated at 156.1 pct of GDP in 2024
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The politics of debt dynamics in Greece
Agoraindebtedness trap. Source: Data is from the draft budget for 2015 submitted by the Greek government... to achieve a primary surplus (before interest payments) in its central budget every year, preferably... the repayment timetable from over 30 years to 50 years implies burdening the next generation with a major
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Newsletter 23 - 17/04/2015
reserves (LLR) by around 7.4 billion, to almost 50 billion euros at the end of 2014. As a result... been since December 2012. March's figure is the highest reading since January 2013. Budget primary surplus rises Greece’s budget primary surplus rose to 1.74 billion euros, up 12.6 percent, at the end
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General gov't primary surplus halves in Q1, arrears and guarantees jump
EconomyMacroeconomyof Finance (MoF). The breakdown among the four key gg entities showed mixed trends. The budget primary... reversing the 50 percent drop recorded in the 2-month period. In contrast, two gg entities displayed... only showed a primary cash surplus of 173 fully attributed to budget, which posted a surplus of 784
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Why doesn't Tsipras just cut defence spending?
AgoraMinister Alexis Tsipras faces in slashing the defence budget is that – contrary to what many people... budget, the government spent an average of 428 million euros on military procurements in each... the crisis began, more than 70 percent of the defence budget was used to pay staff but, according
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Newsletter 159 -27/04/2018
figure for 2016 when revenues exceeded 50 percent of GDP, at 87.37 billion euros. The drop... Budget primary surplus at 2.37 bln in Mar Figure for the first three months of the year beats target by 1.27 bln The primary surplus surpassed its target by 1.27 billion euros. The budget primary balance
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