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Newsletter 255 -26/06/2020
guarantee schemes for loans to companies with 1.3 billion for TEPIX II and up to 7 billion euros... Kathimerini, the government is looking for 2 billion euros fiscal space so it can get back on track... to make these interventions. It will have to agree to a primary surplus target of less than 2 percent
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Where is Odysseus? Part 5 - Productivity
Agora, in blog 19, the assumption that unemployment could drift down to 7 percent of the labor force allows....[2] The dotted line in Figure 1 shows the employment path that was anticipated in Odysseus’ 2018... of real GDP, which is presented in Figure 2. Again, we show the current path as the solid line
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Tracking Greece's fiscal performance
Agora(and the drop in debt relative to GDP) will persevere. The primary balance. Figure 2 shows the general... adjustment between €5-10 billion (2½-5 percent of GDP) is necessary to restore a sound primary.... This benefit will pass as the ECB makes further efforts to bring inflation down to around 2 percent a year
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Newsletter 388 - 07/07/2023
on a downward trajectory, the current account deficit is seen elevated at 7 pct of GDP in 2023, banks need..., and an increase in public spending by 2 pct due to improved budget performance that will generate... to a more moderate growth of 2 pct. The 2 pct rise in handout spending will push up GDP growth
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Newsletter 401 - 10/11/2023
in September. ND has gained almost 2 points to reach 34.1 percent, while SYRIZA has lost almost 2... SYRIZA’s Stefanos Kasselakis and 7 percent who opt for PASOK’s Nikos Androulakis. Earlier this week... the high cost of money as the stock of loans to corporations dropped by 2 pct of the total portfolio
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Government’s growth ambitions meet RRF reality
EconomyMacroeconomyby 0.6 pct quarter-on-quarter and 2 pct compared to the same period last year. Growth over the first nine months averages 2 pct, and strong private spending during the festive season will be needed... to 2 pct in 2026, or slightly below, with Capital Economics the latest to predict 1.8 pct for next year
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Greece continues to edge up in "ease of doing business" rankings despite persistent problems
Economy), 2 places in efficiency enhancers (65th) and 7 places in innovation and sophistication (74th).... highlights that Greece retains one of the highest numbers of limitations (7) to freedom of contracts
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Bookies' odds against SYRIZA emerging with majority from Sunday's elections
PoliticsGreek Politicsin Parliament, which are seen by bookies at 6 or 7 with a marginal deviation among the two options. In particular, odds for 6 or 7 parties stand at 2 and 2.10 respectively, while those for 8 or more
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Newsletter 13 - 30/01/2015
billion. These figures correspond to 5–7 percent of the year-end 2014 balances of 160.29 billion. Banking... trend. The government is set to announce its policy programme on February 7–9 during the vote... hit its lowest reading since February 2014. 2 When less is more The new government would be wise
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Rebound in Q4 by 1.4 pct brings 2014 disposable income down 3.2 pct
EconomyMacroeconomyby 28.5 percent or around 7 billion in absolute terms, on the back of heightened unemployment... numbers is much lower at 681 million. After a short-lived rise by 2 percent in Q3, household final... of households (defined as gross savings divided by gross disposable income), which fell to 7 percent in Q4
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