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Government feels the heat after two days of catastrophic wildfires
PoliticsGreek Politics, which saw the largest single wildfire on record, and 2024, when a fire burned through suburbs... to direct public funding which had resulted in this week’s outcomes. New Left has been arguing
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Newsletter 52 - 20/11/2015
the transition period until 2050. However, the involved parties disagree over how this buffer would... to stem the flow from its shores until it has obtained a good enough offer from the EU... is not willing to take decisive action until it is clear what the EU is willing to provide in return
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Eurogroup agrees return of mission to Athens but key issues unresolved
PoliticsGreek Politicsdays ahead for Tsipras and his government as they will both come under immense pressure until... will not be discussed until a staff-level agreement is reached, the coalition will suffer a lot of criticism (including.... The argument about the package being fiscally neutral is unlikely to get much traction until the nature
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Newsletter 119 - 19/05/2017
) included a table presenting the impact until 2021 of the interventions in the social security funds... reform climbs to 6.58 billion until 2021, when several new measures are taken into consideration... of the Greek authorities, the MoF noted. Until the last phase of the removal of capital controls
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Tsipras gives mixed message on expectations for crucial upcoming Eurogroup
PoliticsGreek Politicselement but which postpones debt relief discussions until after the German elections. Bank of Greece... suggests that if Greece maintains primary surpluses of 3.5 percent until 2032 and above 3 percent until... if the Eurogroup provides a legally-binding commitment to making the country’s debt sustainable in the future
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Macroeconomic fundamentals for Greece
Agorafor a while until around the end of 2024. The reduction of inactivity means an increase in the (active... (low), wage demands will tend to ease (increase), which encourages more (less) hiring until... of the 2020s (Table 1). Until around 2025, the cyclical recovery is overriding the demographic anchor
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Referendum call finds Greek banks teetering on the edge
Economysector outflows of 35.3 billion from December until the end of May. When public sector withdrawals... billion euros to around 88 billion until June 22 meaning that deposit outflows mainly from.... Until last week, there was a broad sense that outflows were to a large extent manageable
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How Greek banks were left on the brink
Agorathat 4.4 billion euro of money withdrawn from December until March was sent abroad. Of this, 80... (20 percent of household and corporate outflows until March) were placed, mainly from households... placed in the interbank market until December, for accessing liquidity from the ECB. Thus, their total
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Government acts to prevent energy price shock in move critics say comes too late
PoliticsGreek Politicsby as much as 400 percent. Until recently, the energy minister reassured consumers that prices in 2024... that the government’s hesitation to tackle energy price hikes up until this point is part of a pattern of behaviour... evidence of price manipulation, however its conclusions are not expected until the autumn. Healthcare
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Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
EconomyBankingreduction target until Q1 by around 300 million and missed the respective NPL target by 600 million... 2017 until December 2019. This is expected to be driven by write-offs (5.9 billion), restructurings... thereafter until late August to 13.7 billion. The latter almost fully reflects a decline
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