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PMI improves in May as manufacturers struggle with effects of Iran war
EconomyMacroeconomyhigher. Cost inflation was substantial, well above the historical average and the steepest since June... years, although increases remained below the pace of cost growth. Supplier delivery times continued... disruption to supply chains, while cost pressures escalated further,” they added.
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Greek banks less reliant on Eurosystem funding in September
EconomyMacroeconomyprevious levels, currently accounting for 88 percent of Eurosystem funding. The cost of ELA funding is circa 175-200 basis points over the respective ECB funding cost and had burdened Greek banks’ NII
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Greece leads way in cutting spending on healthcare, finds OECD
Societysome concern,” say the report’s authors. “For instance, prevention is often a more cost-effective way... and spending when highly cost-effective prevention programmes are not fully implemented.” The report also
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Has internal devaluation really helped Greek exports?
Economythe labour cost competitiveness lost between 2000-2009, prices have not followed the same path. According... stresses that well-functioning products markets are essential for labour cost adjustments to also
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For Greek families, electricity goes from given to must for survival
Societyto be allowed to cover the cost of reconnecting homes. The government, clearly seeing that it has... in the background, which has to do with the cost of these commodities. Eurostat figures published in May
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Why tax evasion threatens to become endemic due to how Cyprus was bailed out
Agorathat cases of tardiness rose as parents factored in the cost of their fine when calculating... percent discount in cost to him. If this continues without measures to stop it, tax evasion in retail
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The Cyprus bailout is different, not only due to the bail-in
Agorathe size of the civil service by 4/5,000 persons. This is not without a cost, however. The large... increase the cost of doing business in Cyprus and increase the “annoyance” factor of doing business
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Troika inquiry: talk to the organ grinder, not the monkey
Agorain Germany forced it to live beyond its means for years. Why should others bear the cost of Greece’s... the cost of two-sided folly by restructuring periphery debts early, was rejected out of creditors’ self
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Greece poised to build on investor sentiment with return to bond markets
Economy. Although the cost of such an issue would be higher than the current cost of international lenders’ loans
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Why did Greece return to bond markets now? Was it the right decision?
Economythe current level of 3 percent. If this happens it would translate into annual cost savings of around... immediately, more than offsetting demand. Also, this move came at an additional cost for Greece’s
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