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  1. CPI falls by 1.8 pct YoY in October as air travel and energy drop
    Photo by MacroPolis

    EconomyMacroeconomy

    to a decline of 2 percent seen in September, Hellenic Statistical Authority (ELSTAT) figures showed...’ index fell by 2 percent while the services index fell by 1.5 percent YoY. The harmonised index of consumer prices (HICP) fell by 2 percent YoY in October. Compared to September, the HICP increased

    7%

  2. Newsletter 273 -13/11/2020

    Newsletters

    in the third quarter and for an amount of up to 300 euros. 2 Employment balance negative by 33,356...-on-year (YoY) in October compared to a decline of 2 percent seen in September, Hellenic Statistical... in September. Additionally, the goods’ index fell by 2 percent while the services index fell by 1.5 percent

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  3. Newsletter 277 -11/12/2020

    Newsletters

    budget (-4 million) and extrabudgetary funds (-2 million). Hospital arrears rose by 10 million MoM... slight 1 million. 2 Unemployment rate at 16.1 pct in Sept Rate for same period in 2019 stood at 16.9... of 2 percent seen in October, Hellenic Statistical Authority (ELSTAT) figures showed. The average CPI

    7%

  4. Newsletter 279 - 05/03/2021

    Newsletters

    is focussing on the liability side of its balance sheet, with a 500 million-euro issue of subordinated Tier 2... points. The Tier 2 bond issue will bolster the bank’s capital adequacy by about 125 basis points... of 5.5 percent. 2 PMI dips to 49.4 points in February Cost burdens pile up Greece’s manufacturing PMI

    7%

  5. Productivity developments in the Greek public and private sector
    Photo by MacroPolis

    Agora

    their own productivity based on GVA produced per government employee.[2] These data can... to the same quarter of a year earlier (to avoid seasonality). Figure 2 shows the growth rates for the economy... is endogenous. [2] For instance, Statistics Denmark published a series of annual reports

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  6. Newsletter 302 - 18/06/2021

    Newsletters

    surpluses of 2 pct, 2.8 pct and 3.7 pct of GDP in 2023, 2024 and 2025 respectively. These translate... be noted that Greece has committed to primary surpluses in the region of 2 pct of GDP up to 2060... 2023 and regaining investment grade for Greek sovereign debt in the first half of 2023. 2 Deposits

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  7. Economic sentiment rises above 111 pts in July but consumer confidence drops further
    Photo by MacroPolis

    EconomyMacroeconomy

    the pandemic and the first lockdown started to manifest itself last April, however the ESI is now just 2... in June. Consumer confidence is now roughly 2 points higher compared to July last year when it stood... points. The services index dropped by nearly 2 points to 25.4, after a sharp improvement by 14.4

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  8. The quarterly national accounts from the income side
    Photo by MacroPolis

    Agora

    pulls back, a government impulse helps to level GDP upwards); and 2) The challenge for Greece is now... becoming structural.[2] This policy has caused, in part, the widening of the deficits during... to spend around 1.7 percent of GDP in 2021. [2] We do not see evidence that expenditures are cut

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  9. Newsletter 313 - 22/10/2021

    Newsletters

    in the region of 2 pct of GDP up to 2060. The Finance Ministry was also kept busy this week in the push... decade growth will be 2 pct, with Greece needing more than 3 pct to converge towards the eurozone.... During the summer, the government announced a minimum wage increase of 2 pct, taking the basic salary

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  10. The case for a general government balance sheet

    Agora

    and 2 illustrate balance sheet data in more detail. Figure 1 above captures for Greece and the Euro-19... to a more detailed look at the balance sheets in Tables 1 and 2. The balance sheets reflect the data..., it is possible to make the balance sheet not only backward looking, as in Tables 1 & 2, but also

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