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Tourism helps bring Greek unemployment down to 26.4 pct in July
EconomyMacroeconomy. In contrast, the jobless rate in the 55-64 age group increased by more than 2 percentage points YoY to 17.2... percentage points (pp) in 2014 and by a further 2 pp in 2015. Note that the average jobless rate so
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Deflation rises again in Greece: CPI down by 0.8 pct in September
EconomyMacroeconomyand services, only 2 posted an increase in prices, namely health (up 3.8 percent) and alcoholic beverages... (down 2.4 percent). A more moderate drop in prices was displayed in recreation and culture (-2
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Greece changes banks' DTA conversion law to secure ECB/EBA approval
Economy(annual) profit loss. For example, if a bank has a capital of 10 billion, of which DTC is 2 billion (20... of DTA conversion to DTC (north of 2 billion euros for the four systemic Greek banks
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Newsletter 1 31/10/2014
surplus (2 billion euros) under the dynamic adverse model. Eurobank’s minimal shortfall of 18 million... improved by more than 12 points. Economic sentiment peaked at 104.1 in June. 2 Banks still face
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Greek deposit and loan rates slide in September
EconomyMacroeconomydeposit rate led the average rate on new deposits slightly lower by 2 bps to 1.32 percent in September... 3 and 2 percentage points respectively above the average euro area rates. In the other key household
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Greek deflation shoots up to 1.7 pct in October
EconomyMacroeconomyin 2014 after the -2 percent posted in May. On a monthly basis, CPI fell 0.9 percent compared..., alcoholic beverages and tobacco, displayed an increase (+2 percent). On the flipside, the highest drop
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What does a bailout exit with a precautionary credit line mean for Greece?
EconomyProgrammetypical size is expected to vary between 2 and 10 percent of the concerned country’s GDP. Surveillance... and abolition of retirement exclusions from the general aging limits. 2) Abolition of nuisance
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The politics of debt dynamics in Greece
Agorapercent.[2] Despite these favourable parameters, there are also serious doubts about Greece’s capacity... in the second quarter of 2016. [2] The Greek government’s 2014 debt projections are included
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Troika and Greece in stalemate over budget targets, prior actions as time ticks away
EconomyProgrammeits fiscal gap projection to less than 2 billion euros. Although Parliament voted an amendment... the 2 percent included in the draft budget published on October 7, but above the Medium-Term Fiscal
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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomy(1.8 percent of GDP), lower than the 2 percent incorporated in the draft budget and the 2.3 percent... in negative territory (-2 percent). Unemployment is seen easing by 0.7 percentage points (pp) in 2014
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