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  1. Newsletter 158 -20/04/2018

    Newsletters

    just over 2 percent. There is also the matter of defining the post-MoU surveillance... consequences. 2 Industrial turnover up by 3.1 pct in February Twelve-month trailing index grows by 9.6... surpasses the previous high of July 2017, when new overdue taxes rose by 2 billion. Greece’s new tax debt

    6%

  2. Newsletter 178 -12/10/2018

    Newsletters

    growth at 2 percent. For next year, GDP growth is revised upward to 2.4 percent, from 1.8 percent... previously, albeit higher than the last quarter of 2017, when the economy grew by 2 percent. Real GDP... has much ground to cover in order to meet its privatisation target of around 2 billion euros

    6%

  3. GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    capital formation fell by 5 percent YoY, while gross fixed capital formation showed an increase of 2... budget, Greece’s GDP is expected to grow by 2 percent this year and 2.8 percent in 2020. The IMF meanwhile anticipates growth of 1.8 percent this year, followed by 2.3 percent in 2020 and 2 percent

    6%

  4. Newsletter 262 -04/09/2020

    Newsletters

    and pushing to 2021 around 1.5 to 2 billion euros of deferred tax and social security payments... was not as dramatic. In 2008, Greece was spending 3 pct of its GDP on defence. In 2018, this stood at 2 pct, which was still in line with the level agreed by NATO member states in 2014. Even at 2 pct, spending

    6%

  5. Macroeconomic fundamentals for Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    . Figure 2 shows that these efforts are yielding some success. The number of inactive people... with Figure 2 above, the participation rate is assumed to increase from around 51 percent of the WAP... growth rebound after the Corona pandemic. As Table 2 demonstrates, because of unusual shocks

    6%

  6. EU Task Force sees improvements in Greece, tends to damaged ties

    PoliticsGreek Politics

    in 2.1 billion euros, which was almost 70 percent above the target. It was the second consecutive

    6%

  7. The EU, the troika inquiry and the big disconnect

    Agora

    to 21 percent in Cyprus, 55 to 27 in Spain, 40 to 31 in Portugal and from 70 percent in 2008

    6%

  8. On Portugal, PSI and a national salvation pact

    Agora

    balance (€70 billion) or Portuguese banks’ reliance on LTRO (€44 billion). The European partners

    6%

  9. Despite pledges, Greeks uncertain and feel recovery will take years
    Photo by Harry van Versendaal

    Society

    it will be 10 years or more before Greece recovers. It is hardly a surprise, therefore, that the 70 percent

    6%

  10. Wage ruling gives gov't immediate fiscal headache, political one may come later

    PoliticsGreek Politics

    . Under the bailout terms, Greece can use only 70 percent of any surplus in excess of its targets

    6%