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GSEE report stresses risks on employment and the pension system, outlines burden on wages
Societyand the remaining supported corporate profitability. This finding is a strong indication that export... diminished. This finding indicates, according to the report, that unemployment could not be reduced towards... of the social security require new funding sources excluding state budget contribution
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Home foreclosures and refugee crisis top agenda in Greece-EU talks
PoliticsForeign Policy) Setting minimum prices for generic drugs 4) Finding a measure of equivalent fiscal value to replace... as finding places for 50,000 refugees to live while they await reallocation. Tsipras also stressed the Greek... euros from the EU in funding this year to tackle the refugee crisis and suggested that the cost
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Newsletter 94 - 04/11/2016
in Greece, the prospect of finding 400 million euros or more to cut from the budget is a politically... an extended period of pain that leaves negligible room for manoeuvre. Finding a way to overcome... as funding of the guaranteed minimum income (GMI), are the thorniest issues. The institutions are expected
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Athens Stock Exchange ends week on a low, banks lose 9.7 pct
EconomyAssistance (ELA) limit and collateral haircut. Last Tuesday it decided to increase the ELA cap by 0.5 billion to 80.7 billion, while the ELA liquidity buffer remained unchanged at 3 billion.
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What capital controls will mean for Greek banks, customers and the economy
Economythe end of May. During June, the ELA limit was increased by around 9 billion until the middle of last.... This figure may have risen close to or above the 50-billion mark. At the same time, ELA climbed from... of ELA liquidity by the ECB. However, since Greece will not be under a programme as of July 1
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General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
EconomyMacroeconomysupport scheme and Emergency Liquidity Assistance (ELA) guarantees by 5.26 and 5.68 billion respectively... higher than the 2014 figure of 59.8 billion entirely due to a sharp rise in ELA guarantees, which were zero in 2014. The bulk of the outstanding guarantees relate to ELA guarantees of 45.5 billion
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Newsletter 63 - 19/02/2016
(ELA) ceiling for Greek banks by 100 million to 71.4 billion. Since mid-August, the ECB has cut the ELA... of the private deposit flow. The most notable reduction was evident in December, when the ELA ceiling
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Buying time: The delayed crisis of democratic capitalism - a review
Agoraguidance and even finding its way into novels. Meanwhile, journalists are starting to encounter fatigue..., narrative and the attempts at finding sustainable resolution mechanisms that require - but mostly
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BoG charts how crisis has affected private sector employment
EconomyIn its latest economic bulletin, the Bank of Greece (BoG) included a study that sets out how private sector employment has been affected during the crisis. The first finding is related... is some 20 percent below that of men (53.5 euros). Another important finding from the BoG study
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Troika piles pressure on coalition by insisting on key actions to conclude review
PoliticsGreek Politicsto complete range from finding ways to cover next year’s fiscal gap to ensuring the independence of its revenue collecting service. Some of the key actions that need to be carried out are: - Finding ways
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