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How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
Economyutilise 310 million euros (90 percent of HFSF cash reserves of 345 million) through an amendment... legally binding, according to reports. The initial decision was already in effect for the three T
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Greece and the euro: The flight of Icarus
Agora($310 billion) from its bailout is going towards repaying existing debt means the amount Greece owes... are without a job and have diminishing prospects of finding one. Over the last three years, salaries have
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Newsletter 273 -13/11/2020
related to the coronavirus, with another 310 patients intubated around the country. The number of new... worsens, New Democracy’s rivals are finding more faults in the government’s approach and more ways
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Are hirings in the public sector out of control?
EconomyFeatures. Announcing the new hiring plans, Interior Minister Panos Skourletis argued that the hirings would... permanent public sector staff and 15,000 contractors, at a cost of 600 million euros. These accusations... contractors. Their numbers have swelled from 3,413 in 2012 to 15,601 at the end of 2017. By far the largest
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Macroeconomic fundamentals for Greece
Agoragrowth rebound after the Corona pandemic. As Table 2 demonstrates, because of unusual shocks...), this would yield a structural nominal GDP growth rate of around 2.5 percent a year. The unusual cycle... limitations become binding. Now that we have a view on structural unemployment and the size of the labor force
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Government seizes crisis moment to boost investment in energy infrastructure
PoliticsGreek Politicsand disputes between the Greek contractors and the Bulgarian government but was expedited in light of the Russian invasion of Ukraine and the resulting EU sanctions on Russia. Against this backdrop, more
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For Greek banks, it's business as unusual
AgoraNow that the rather bizarrely termed “bank holiday” has come to an end in Greece after three weeks - although domestic and external capital controls - continue, it is appropriate to take stock of the situation and inquire where do we go from here. As th...
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Is a lack of spending hampering Greece's firefighting capabilities?
Societyfire prevention and suppression of all types of fire, urban and rural) grew steadily from 2001 onwards..., which contribute seasonal contractors to the fire-fighting effort, have also enjoyed a greater
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OPEKEPE hearings ruffle feathers in New Democracy as party waits for Samaras’s next move
PoliticsGreek Politicsto the inquiry, in which he claims that he was pressured into resigning by the then rural development... clashed with private contractors appointed by Voridis when he refused to approve fraudulent claims
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Tempe rail crash charges reignite debate about scrupulousness of investigation
PoliticsGreek Politicsrepresentatives and employees of the contractor were charged with instigation of subsidy fraud... signalling-telecommand systems, but the contractor attempted to construct an entirely new signalling system
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