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Can the Green Transition be just?
Agoralevels). As illustrated in Figure 1, the EU-27 and Greece not only did not reduce but increased...% compared to 1990. Figure 1: The evolution of road transport emissions in the EU-27 and Greece... by soaring fossil gas prices, puts forward a specific model of resource use. The energy crisis bore
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Of symmetry and adjustments in the eurozone
Agoraback to figure 1, the adjustment of peripheral countries, and the continuing surpluses of the core... reasons why an export-led model cannot work: The first is the many times recalled fallacy... on an export-led growth model Germany and Europe will be forced to rely on somebody else’s growth
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The conundrum of Greek olive oil exports
EconomyFeaturesin Spain. But Greece’s olive oil export model is stuck in a rut. That’s because the vast majority... demand for olive oil because the local cost of production is relatively high at 1 euro per kilogram... the mould of the current export model. The figures tell the story of how beneficial a change in strategy
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Growth conditions improving but more work needed over longer term, PBO suggests
EconomyMacroeconomyagainst an import model driven by private consumption, since this is not a productive model and is too similar to the consumption model which was partially responsible for sparking the Greek economic...). An increase of 1.8 percent, or 136 debtors, was seen for those owing sums of over 1 million euros
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Will the Covid-19 crisis undermine the EU Green Deal? A view from Europe's periphery
Agoraan environmentally resilient economic model; while creating green jobs across the EU by directing fiscal... model has been the design of financial tools to drive this transition, namely the EU Green Deal...) would amount to no more than 0.6% of EU GDP annually, to 2030 (1 trillion in total for the period
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The Greek economy in 2026: Quantitative recovery meets qualitative stagnation
EconomyMacroeconomy, water, etc.), nearly four times the EU average of 9.1%; 1 in 5 households without children cannot... facing a staggering risk of 21.4%. The report argues that Greece cannot continue to rely on a model... to an “Economy of Dignity.” This alternative model is built on three pillars: Productive Transformation
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Greece takes first round against Covid-19 but fight continues
Agoraas an unlikely role model, with international media referring to the “Greek model” of crisis management.... The appointments were to abide by a 1:1 replacement rule (one hire for each departure) and would therefore... the 1:1 ratio for the health service, and to continue the hiring programme put in motion
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Government lines up new zoning scheme, fuelling debate over growth model
PoliticsGreek PoliticsThe government has unveiled its plans to introduce a new zoning plan, which it says will restore some order to construction activity in Greece but which others fear will pave the way for more building in areas outside of the updated scheme. The new plan...
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Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agoraon a two-year downward trajectory. As graph 1 below illustrates total lending to the real economy shows... a financial assistance package from the IMF, European Commission and the ECB in November 2010.[1..., the Bank of Greece and the Ministry of Finance.[2] The internal bad bank model for Greek institutions
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Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBankingCommon Equity Tier 1 (CET1) ratio improved to 16.3 percent from 15.6 percent in Q1. The quarterly... two figures for Greek banks’ potential capital shortfalls: One under the static model and one under the dynamic model, which will incorporate the restructuring plans approved by the DG Comp in July
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