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Newsletter 152 -23/02/2018
coalition partner Independent Greeks (ANEL), five from New Democracy and one from each of the other... in special purpose and bilateral loans, and a 601 million euro rise in financial support mechanism... (GLF) bilateral loans from the first programme. An additional 130.9 billion relate to the second
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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EU experts concerned about level of xenophobia, violence against migrants in Greece
Societyinvolving violent incidents needed to “consider the question of racist and/or homo-/transphobic
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Tear gas instead of vaccines
AgoraStevanovic, and musician and rapper Zlatan Čordić Zlatko, who spoke at the protest, were arrested... who take to the streets en masse every Wednesday, constituting one of the most massive demonstrations
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Bilateral Trade in Goods between Greece and Germany, EUR mln
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Bilateral Trade in Services between Greece and Germany, EUR mln
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Where is Odysseus? Part 6 - Potential real GDP
Agorafrom optimism bias (which is rather common in economic forecasting). In our view, the convergence assumptions even bias the outlook for the EU as a whole and would best be abandoned for true baseline... optimistic for a sound baseline, and create an optimism bias in the official long-run calculations
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On monetary policy and inflation targeting
Agoratend to be temporary, but excess demand impulses are a political bias. This may reflect in some sense the optimism bias in political circles that notoriously overestimate potential output and potential... are used to prevent inadvertent influence on the readers (bias) who may be familiar with the monetary
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomy. The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April
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