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  1. Does the EU Commission suffer from optimism bias? (Part 2)
    Photo by EC - Audiovisual Service

    Agora

    notes that our first responses to stimuli are often heuristic and superficial. This is System 1, or “Fast Thinking,” based on instincts and emotion. System 1 has evolved for survival and immediate... into the future. We implemented the plan as it now exists. The outcome was a disaster. Please take 5 to 10

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

    Agora

    (2020-2029)? Demographics. To answer this question, let us start with Figure 1. Data are from the UN’s most... of the 2020s (Table 1). Until around 2025, the cyclical recovery is overriding the demographic anchor... that is consistent with this debt commitment amounts to maximum 1.5 percent of GDP.[1] Greece receives a large

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  3. Budget passed but troika accord still some way off for Greece

    PoliticsGreek Politics

    and 2.96 billion in 2014 (1.6 percent of GDP). - Public debt is set to slightly ease to 320.0 billion... been set at 3.56 billion euros. However, perhaps the most significant aspect of the 2014 budget... issued shortly before MPs voted on the budget at close to 1 a.m. on Sunday. Its timing, even

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  4. Newsletter 3 - 14/11/2014

    Newsletters

    by the December 8 Eurogroup meeting has been set by both the troika and the Greek government as the key... shortfall of 1 billion. It is not yet clear how the troika projected that figure, since the general... fiscal gap at around 1 billion and there is expected to be some communication between the two sides

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  5. Greece passes latest omnibus bill, looks to next actions ahead
    Photo by MacroPolis

    EconomyProgramme

    The omnibus bill with the second set of prior actions required for the disbursement of the next sub... that “the assessment of the first set of milestones is ongoing and once it is finalised shortly, the EWG... actions for the disbursement for the second sub-tranche of 1 billion, euros has not been defined yet

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  6. NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
    Photo by MacroPolis

    EconomyBanking

    billion, exceeding the annual target of 18.1 billion set by the NBG. The decrease in the NPE stock... (ELA) funding from 3.8 billion in June to 2.3 billion in September. At 1 billion euros in October, NBG... Equity Tier 1 (CET1) ratio stood at 16.8 percent in Q3, while the fully-loaded Basel III CET1 ratio

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  7. Athens poised to unveil new minimum wage as post-MoU review continues
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    650 million euros. In a staff statement following the visit to Athens last week, the institutions set..., the IMF maintains its long standing position that growth will retract to just above 1 percent, when... as the minimum wage is set to increase and the youth minimum wage is about to get abolished. Greece

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  8. Newsletter 216 -26/07/2019

    Newsletters

    it believes will improve Greece. The government is set to bring three bills to Parliament by August... elections. The draft legislation is also set to contain a provision for the scrapping of the so-called... percent for properties ranging from 80,000 to 1 million, which relates to 1.5 million middle class

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  9. Newsletter 328 - 18/02/2022

    Newsletters

    Democracy leader also trailed a generous rise to the minimum wage from May 1, although he did not speculate... the 2 percent increase adopted on January 1. On the pandemic, the PM said he expects that the situation... recently grabbed the headlines after the murder of a football fan.EconomySpiralling prices set off wide

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  10. Buoyed by troika deal, Greece aims for rapid return to bond markets
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    ) but after the Eurogroup decision on the disbursement of the next tranches (April 1) and new reviews from... Eurogroup on April 1, the expected start of debt relief negotiations with international creditors... unsecured corporate bond was priced at a fixed rate coupon of 5 percent and was 6 times

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