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Greece's key pledges and requests at the Eurogroup meetings
PoliticsGreek Politicsagreement that during this period the Greek state will be funded under a minimalist menu that solves
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Greece - Some structural macroeconomic arithmetic
Agorasuggests that trend output growth sits around 1¼ percent a year. The OECD seems to be below 2 percent... officials and economists suggests that potential output growth may hover “around 2 percent...). But Greece cannot make an average nominal GDP growth rate of 5 percent, which would imply 2
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Lenders set out 49 milestones for Greece to meet before next bailout tranche
EconomyProgrammewill have to achieve by mid-October for the disbursement of the next bailout sub-tranche of 2 billion... strategy for the banking system 2) Completion of a credible strategy on non-performing loans (NPLs... supplementary funds into ETEA was signed on August 25 and became effective as of September 1 2) Early
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The challenge in Greece: Funding an emerging economic recovery
Agorato highlight them in order to spoil the part; quite the contrary in fact. Any evidence of economic recovery... lending? The provision of adequate funding remains essential in order to make the emerging economic... of this recovery. Scraping together new funding resources and instruments remains the order of the day
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BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
EconomyMacroeconomyratio. These three issues will need to be prioritised by economic policy in order to foster sustainable... of court legislation has been passed in order to facilitate coordinated action between banks and other..., especially export oriented ventures, and exploit Greece’s strategic advantages. In order to achieve
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Special tax structure would benefit hotels and jobs, bank argues
EconomyFeaturesHotels in Greece would benefit from a more favourable tax framework in order to create jobs... of the VAT increase has been absorbed by the hotels in order to remain competitive, with just a small... in Greece, which illustrates the complex tax landscape foreign investors must navigate in order
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The unbearably slow vaccination process in Croatia
Agorarates are in Malta (12.7%) and Hungary, which was the only one to order the vaccine independently... of the Croatian Government to order most of the doses from AstraZeneca. This vaccine was given... appalled over the example of a rich man who cheated in order to get himself and his wife vaccinated
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Professional liars in pandemic times
Agorapartially in order to create a déjà vu effect for the public and produce a certain reaction. Thus... that the pandemic is being used to introduce "experimental measures" aimed at "enslaving people" in order... Cyrillic and Latin alphabet in order to mask the trail. However, in addition
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Greece needs to re-think natural gas policy, starting with demand
Agorademand, and in pretty short order address the full 40 pct it has been importing from Russia, which..., in order to implement a rapid phase-out of coal-fired power generation – the so-called “de-lignitisation... that demand needs to be managed much more robustly than previously thought possible or desirable in order
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Tailor-made Maastricht criteria for Greece?
Agorainteresting detail is that the 5 percent nominal growth rate can be thought of as 2 percent... for a maximum debt ratio of 60 percent, then the tolerable maximum deficit would have been 2 percent..., and a possible reform of the Maastricht Criteria? Table 2 provides some data. Based on the most likely
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