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VAT continues to drive budget performance in Aug, at 1.21 bln above target
EconomyMacroeconomyby 1.97 billion euros, as noted. It has also received a new tranche from the RRF of 884 million
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Taxes continues to drive budget outperformance in September
EconomyMacroeconomyreceived 884 million euros year-to-date from the RRF, which is 374 million euros below the target. RRF
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Eurozone periphery condemned to low wages, demand, EC study suggests
EconomyA research paper by an economist at the European Commission’s Directorate General for Economic.... The findings of the paper, which were first noted by Kathimerini's Brussels correspondent Nikos... consolidations that put more emphasis on the expenditure side. The paper also casts doubt
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Settling rising private debt? The IMF has some ideas
Economysignificantly improve their outlook by restructuring their debt. An IMF working paper titled “Dealing... the practices implemented in select European countries on private sector debt restructuring. The paper... positive repercussions for the whole economy, according to the IMF paper. These benefits, however
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UnLuCky for some: Another painful lesson from the euro crisis
Agorairresponsible lenders to eurozone nations and taxpayers. Now, an IMF paper published this week... paper provides a refresher for everyone concerned as it reminds those who created the euro... on the minimum wage also being renegotiated downwards. The programme The latest IMF paper highlights
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Greece expects review to be completed by May 1 despite IMF objections
EconomyProgrammeIn a non-paper released on Thursday night, the Finance Ministry provided an update on the progress... areas of disagreement. The non-paper says that 2.6 billion euros worth of measures out of a total... reduction, claims the ministry. In addition, the non-paper says that 92 percent of self-employed Greeks
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Newsletter 233 - 20/12/2019
groups. IMF paper suggests shadow economy thriving Q3 sees loans managed by servicers rise by 10.8 pct A working paper from the International Monetary Fund (IMF) on the shadow economy of Europe has shown that the phenomenon continues to persist in Greece. The paper aimed to note the drivers
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Majority of Greeks report financial hardship due to Covid-19
SocietyA special white paper by Intrum examining the impact of the coronavirus pandemic on households has... European markets to assess what the impact will be on their financial wellbeing. The paper found... to be among the worst affected, the paper said. Of those surveyed, 61 percent of Greeks said
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The euro debate Greece is not having
Agorafor its economic standards. A research paper by Morgan Stanley published in September puts the fair value... current levels to have a fair chance of being competitive. A paper by Deutsche Bank (DB) on foreign... countries. In the same DB paper the pain threshold for Italy and France is just 1.17 and 1.24 respectively
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Greek industrial turnover drop accelerates in April
EconomyMacroeconomy2.8 percent), paper and paper products (up 2 percent) and other transport equipment (up 1.1 percent... Commission paper indicated that most industrial sectors such as electrical equipment, machinery and other
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