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  1. Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB

    EconomyBanking

    by 0.8 percent QoQ in both Q2 and Q3, leading the loan to deposit ratio (L/D) at 154 percent in Q3... percent to 31 billion, mainly reflecting Greek deposit outflows. The L/D ratio markedly deteriorated... euros in Q2, whilst deposits contracted by 8 percent to 55.68 billion bringing the L/D ratio to 112

    12%

  2. Greece - Some structural macroeconomic arithmetic
    Photo by MacroPolis

    Agora

    growth is the sum of two variables: how fast is labor supply (L) growing (or falling), and how fast...] The latter variable is described as average labor productivity (Q/L). From historical data, we can see... in 2020. [1] Q is real GDP; Q = L * (Q/L). The growth rate of Q is the sum of the growth rates of labor

    12%

  3. Professional liars in pandemic times

    Agora

    will not get vaccinated because he has previously recovered from corona. He also implied... Instagram commenting that the vaccine against corona has been around for some time... that the corona virus is "the funniest flu", and that women could go on "shopping tours to Milan

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  4. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    pensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly... and they receive on average monthly pensions of 771 euros. This is below the overall average of 884 euros since

    11%

  5. PM joins forces with some eurozone partners to lobby for "corona-bond"

    PoliticsGreek Politics

    Prime Minister Kyriakos Mitsotakis and eight other European leaders wrote a letter to European Council president Charles Michel on Wednesday, ahead of Thursday’s teleconference, arguing for a coordinated eurozone-level response to mitigate the impact of...

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  6. Video talk: How to make the most out of EU "Corona funds"

    Agora

    A video talk featuring Juan Pablo Riesgo, a partner of Ernst & Young and former Secretary of State for Employment in Spain, and Nick Malkoutzis, editor of MacroPolis, discussing how Spain and Greece should best use the Recovery Fund package proposed by ...

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  7. Govt presents menu of energy proposals in Brussels as power subsidy cost balloons
    Photo by EC - Audiovisual Service

    PoliticsGreek Politics

    Athens continues to press for solutions to the energy crisis at an EU level as the cost of domestic subsidy programmes skyrockets, threatening to cut further into the budget. In August the government will be spending 1.136 bln euros to absorb rises in c...

    10%

  8. Amid signs of split over Tempe probe, government plays down EU prosecutor’s remarks
    Photo by MacroPolis

    PoliticsGreek Politics

    The government attempted to put a positive spin on the pointed criticism delivered by European Chief Prosecutor Laura Kovesi during her visit to Athens but Prime Minister Kyriakos Mitsotakis’s administration continues to be dogged by some of the issues ...

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  9. Athens expands survey area off Crete, signs MoU with Egypt
    Photo by MacroPolis

    PoliticsForeign Policy

    Exclusive Economic Zone. In 2019, before signing its memorandum with Turkey, Libya reacted against...). This was calculated by moving its median line northwards. After the signing of the Turkey-Libya memorandum in 2019, new data was generated and Libya could argue that the entire area south of Crete

    10%

  10. Are Chinese investments starting to hit a wall in Germany?
    Photo via Flickr https://flic.kr/p/oDf3bQ

    Agora

    in Germany and on the continent.[ix] Finally, German Economy Minister Peter Altmaier unveiled... Economic Wars. Economics Minister Peter Altmaier is shifting policy decisively in favor of economic.../articles/2019-02-05/germany-s-peter-altmaier-enters-the-global-economic-wars. Jens Bastian

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