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You've heard the Greek crisis myths, now here are some truths
Agorain Greece from May 2010 have fathers of many nationalities, including Greek. The opening up of Greece’s... the economic model from one that was consumption-based to one that is export-oriented. In the press... to the slow pace of global trade and oversupply in the shipping sector since 2010. Equally, up
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The allocation of labor resources in Greece and the EU-27
Agoraas countries become wealthier. Such involvement reflects government functions taking up a larger share of GDP... substantially, the private sector adjusted employment in order to keep up productivity per person... are highlighted in Figure 2. Figure 2 shows the underlying trend lines only, to avoid the up-and-down stories
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Newsletter 335 - 15/04/2022
of GDP up to 2060. The main principle is that Greece will be able to also cover the debt servicing costs... sector partnerships, including referrals to private clinics to ease congestion, based on a model... of drugs and private services. New Democracy lawmakers also passed this week legislation that shakes up
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PM sets out winter relief measures, rules out change to electoral law
PoliticsGreek Politicsso far to put into practice yet its vision of a new economic model and getting caught up... of up to 50 seats that would be available in the second ballot. Standing in front of a backdrop reading... in heating oil subsidies (up from 174 million last year), 150 million euros in subsidies for farmers
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Newsletter 506 - 29/05/2026
and a reoriented production model. The symbolism was unmistakable: the name ELAS echoes both the Greek... Democracy rebounding to 27.5%, up from April, while ELAS enters the race in second place with 14.1... to have benefited slightly from the week’s turbulence, edging up in projected vote share as its
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What is the state of play with Greek banks?
Economymodel to determine potential additional capital needs. The whole process is expected to be completed... at the end of August from 4.7 percent at the end of December. As expected, the drop in outstanding time
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BoG sees encouraging signs for Greek economy but warns on reforms
Economythat support the BoG’s expectations stem from the bottoming out of the drop in consumption, the positive... of debt and sustain the country’s access to capital markets. c) Reorientation of the production model
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BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
EconomyMacroeconomythree major legacy problems from the prolonged recession over recent years and sharp drop... unemployment levels, involving a shift in the Greek economy to an outward-looking growth model which
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BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
Economy, Covid-19 spreading will lead to a drop in domestic demand as private consumption is expected... economy. Zero growth Incorporating all those shocks in BoG’s forecast model leads to a new baseline
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Covid recession bumped pension spending to 18 pct of GDP in 2020
Economy. Following the pandemic-induced bump, pension spending is expected to drop to 13.8 percent of GDP... of Greece’s economic model – something that the government is banking on in its Greece 2.0 plan for how
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