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It's time to say farewell to TINA politics in Germany
Agorais best illustrated by Annalena Baerbock, the 40-year-old candidate of the Green Party running... since. Still, the Green Party is expected to play a key role in a three-party coalition configuration... approach vis-à-vis China has now run its course. If the Green Party will indeed lead the Foreign Office
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A closer look at Greece's Q3 2023 national accounts
Agoragrowth. Will “green investments” boost productivity growth? This is not assured. Some governments... space” to boost green investment. But, this is again unilateral aggregated demand thinking. Sure, when... fundamental productivity gains?[1] The green spending (a better word than “investments”) is important
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Of symmetry and adjustments in the eurozone
Agoraof public finances. Since then, the prevailing narrative has been what I called the “Berlin View”, calling... to an overinflated public sector, and to a serious loss of competitiveness. The Berlin View.... Barring exceptional circumstances, the Berlin View considers aggregate demand management useless
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Strong tourism season confirmed by Q2 accommodation turnover
EconomyMacroeconomyThe Turnover Index in Accommodation and Food Services rose by 6.7 percent in the second quarter (Q2) after a 44.9 percent increase recorded in Q1, according to Hellenic Statistical Authority (ELSTAT). Q2 figure is the third highest reading since 2006 (w...
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Greek trade deficit shrinks by 4.4 pct in October on back of strong exports
EconomyMacroeconomyAfter a sharp rise by 34.2 percent in September, Greece’s trade deficit narrowed by 4.4 percent in October, according to the Hellenic Statistical Authority (ELSTAT). The absolute figures show that the October trade deficit stood at 1.77 billion after re...
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Strong rebound of 7.7 pct in week for Greek stocks with jump in trading activity
EconomyGreek shares rebounded 7.7 percent this week for the first time in the last four weeks amid a jump in trading activity triggered by the introduction of new NBG shares last Monday and indices rebalancing. The Eurogroup Working Group (EWG) tentatively app...
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IMF sees contraction of 0.6 pct this year before strong rebound in 2017
EconomyThe International Monetary Fund has provided its latest macro forecasts for Greece in the World Economic Outlook (WEO) published on Tuesday. The fund expects Greece to return to growth in 2017 after contracting further this year. In particular, GDP is s...
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Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
EconomyDespite a rebound of 5.4 percent on Friday, the Greek stock market fell 5.2 percent this week amid the negative sentiment that prevailed in the global markets until Thursday largely fuelled by Brexit concerns. The European Stability Mechanism (ESM) boar...
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Wages index sees strong rebound of 4.6 pct in Q2
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index increased for the third straight quarter at a notably accelerating pace of 4.6 percent in the second quarter (Q2) of 2016 following a rise by 0.7 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures dis...
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Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
EconomyMacroeconomySpeaking at the congress of the Association of Greek Tourism Enterprises (SETE) on Monday, the Bank of Greece (BoG) governor Yannis Stournaras repeated his belief that the domestic economic will start recovering in the second half of this year. Stournar...
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