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  1. Newsletter 72 - 06/05/2016

    Newsletters

    , following a debate that should begin on the previous morning, accounts for around two-thirds of the 3... stretched in approving the basic 3 percent of GDP in measures, making it too much of a risk to ask his MPs... savings of 3 percent of GDP (5.4 billion) by 2018 for Greece to achieve the primary surplus targets

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  2. Newsletter 222 -04/10/2019

    Newsletters

    Thomas Cook for 1, 2 and 3 star hotels came to an average of 48 percent of overall turnover.... Hotels with 3, 4 and 5 stars faced losses of 39, 33 and 26 percent, respectively. 2 Loan interest... on deposits from households with an agreed maturity of up to one year decreased by 3 bps to 0.54 percent

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  3. Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    . The harmonized inflation index is seen at 8.8 pct in 2022, dropping by roughly one third to 3 pct in 2023... 54.61 billion euros. This outperformance is attributed to higher indirect taxes by 3 billion euros... of higher transfers of 3 billion euros and other investment related spending and energy crisis

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  4. Tailor-made Maastricht criteria for Greece?
    Photo by MacroPolis

    Agora

    , in principle. They called for the deficit of a member state to remain below 3 percent of GDP a year..., over time, a value D = def/y. In other words, if the deficits can be limited to 3 percent of GDP... inflation (mandate of the ECB) and 3 percent real GDP growth. Let us now look at the data for the period

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  5. Far-right party banned, possibly reducing threshold for election majority
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    above 3 pct in the opinion polls. This is the threshold that parties have to overcome in order... polled below 3 pct because the higher the combined percentage of small parties that fail to make.... However, if Ellines were to run and get more than 3 pct, possibly leading to seven parties making

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  6. Is Greece on track to decouple from fossil gas?
    Photo via https://flic.kr/p/9bNvX6

    Agora

    decreased by 4.02 TWh, followed by industry (-3.37 TWh) and distribution networks (-1. 3 TWh). However...; this corresponds to a 67.3% decrease compared to the five-year average (Figure 3), which highlights industry’s potential to substitute gas with other fuels. Figure 3: Changes in fossil gas consumption

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  7. When will Greek banks operate as credit institutions again?
    Photo by Harry van Versendaal

    Agora

    section, page 3. This partnership to sustain what some observers have started to call Greekcovery has... between 3 and 4 percent. This level is a record low for corporates in Germany, in the post... lending to the French economy and; · Report on a monthly basis about lending volumes.[3] A similar method

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  8. Why did Greece return to bond markets now? Was it the right decision?

    Economy

    stocks. At the same time, the yield of the 3- and 6-month T-Bills in March and April auctions dropped... on the secondary market in the near future. 3) Can the bond sale be considered a success? The final... the current level of 3 percent. If this happens it would translate into annual cost savings of around

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  9. Greece prepares for a 3-year benchmark bond issue
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    reports earlier today indicated that the amount of the issue would reach 2.5 – 3 billion euros with the yield expected at 3 – 3.5 percent. This is the second bond transaction after the 3-billion-euro... of short-term maturities. The Greek government believes that GGB issues with 3- to 7-year maturities

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  10. Finance Ministry challenges SYRIZA's plans for economy, ups cost
    Photo by MacroPolis

    Economy

    , particularly sources stemming from: settlement of unpaid taxes (with estimated revenues of 3 billion euros in the first year and 20 billion over a 7-year period), tackling tax evasion (3 billion), reallocation of the Hellenic Financial Stability Fund (HFSF) capital buffer (3 billion

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