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Post-Covid era dawns on new landscape for bad debt in Greece
EconomyFeaturesmeasures introduced to manage the Covid crisis have put a temporary freeze on some aspects... of auctions is only just being lifted, while mortgage subsidies have acted as a safety net for precarious... due to legal challenges. Industry sources say around 10,000 properties are due to be put up
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S&P holds off on new rating upgrade, ECB holds key to investment grade
Economyimpact of the pandemic on the economy and adverse developments in the banking sector would put.... On the other hand, any reversal on reforms that would put the agreement with creditors at risk..., however, it risks losing access to the ECB’s safety net once the programme is concluded in March
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Newsletter 316 - 12/11/2021
the government and the opposition. The deteriorating situation has put the government under increasing... for the fully vaccinated stood at 60.1 pct on Thursday) and of trying to put the blame for its... this year as it recovered from the depressed levels of the first year of the pandemic. Net exports
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PM set to prolong coal use, sparking complaints about energy policy U-turn
PoliticsGreek PoliticsA decision to prolong the use life of several coal-burning power stations has put Prime Minister... pct windfall tax announced last week by the government. PPC reported a net loss of 18.4 mln euros... developments, however, the US official’s comments appear to put paid to any such prospect. “We all
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Newsletter 352 - 23/09/2022
, the SYRIZA leader also put forward a plan to subsidise rents for young Greeks but he also stated his... estimates, state net revenues are meant to reach by the end of the year 57.1 billion euros, with taxes... conditions for a potential upgrade to the investment grade is not put into doubt. This underlines
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SYRIZA attempts election reboot through new manifesto
PoliticsGreek Politicsstronger labour regulation to put an end to exploitation in the workplace, increase spending... services, and strengthen the social safety net with better childcare services, disability support... have been put above human lives. On Thursday, Kyriakos Mitsotakis tried to fight back with a positive
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Newsletter 434 - 27/09/2024
is that measures put in place during the programmes to keep wages low in Greece continue to stifle... the economy’s competitiveness, several measures were put in place, particularly in 2012, to contain... into this bracket.MacroeconomyCharts of the weekDeposits The net deposit movement in the Greek banking system returned
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Government adamant snap polls are not under consideration
PoliticsGreek Politicsfrom a small percentage of net state revenues. Individuals can donate up to 20,000 euros per year... (the cost of an espresso, as he put it at the time) for party members to help restore ND’s finances... that the situation in Greece, which does not put any limit on the amounts parties can owe or require
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Reflections on Greece's balance of payments
Agorafor net exports (X-M>0). How does such a development emerge in reality? Well, either production (Q... with the rest of the world is the “net international investment position” or NII. It is not easy... of continuous external deficits, Greece doubled its net liabilities, in percent of GDP, to the rest
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Current account deficit widens to 404 mln in March
EconomyMacroeconomythat this improvement is largely due to a lower net oil import bill, reflecting the decrease in oil prices. Net payments for ship purchases also fell. However, excluding the impact from oil and ships.... The contraction in the services surplus by 22.1 percent is mainly attributed to lower net receipts from
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