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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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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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Serbia’s road to collective immunity: A tale of two realities
Agorado these supposed supporters of the regime get so much courage to semi-publicly - and by the way... of his radio station. By the way, much bigger media outlets than his own also promote vaccination..., for it already seems that they are instead opting to achieve that goal in a natural way, through
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The nightmare of our choice
Agoratwo years has been like Marlow’s: As we picked our way through crumpled, charred train carriages.... Apparently, a quarter of the way into the 21st century, Greece is not able to safely operate... insinuations and accusations back and forth. It did not have to be this way. This agonising quest
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The key points from Greece's proposal to lenders
EconomyProgrammewill be implemented as of October 1. 2) Introduction of a reward point system for the registration of receipts in an effort to increase VAT and income collection. 3) Increase in the solidarity levy rates to 2% (from... of the social security funds (SSFs) into three in two phases and over a period of 3 year. 2) Suspension
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GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomyhas stayed above 2 percent for four out of the five previous quarters. In addition, GDP at current... outlooks unchanged at 2 percent for this year and 2.4 percent for next year. The European Commission... to 2 percent from 1.9 percent in the previous forecast. Growth of 2 percent was also anticipated
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Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingof the law 3869/2010 backlog in 2019. Sales from Pillar and Cairo portfolios, worth 2 billion and 7 billion... to the SPV and 2 billion from the securitisation of 2 billion euros-worth of housing loans under... basis points of total assets in 2018. Operating expenses fell by 2 percent QoQ to 461.5 million in Q4
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Macedonia and other Greek words
Agorathat the current government came up with in early 2015, when it backed public protests all the way up..., rather than the other way around. Those that supported his leadership should have advised him against... which way it was moving and how to shape it. With the Macedonia issue, he appears to have misjudged
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Professional liars in pandemic times
Agoracritical way, the danger of "people not thinking with their heads, but understanding with their hearts... that are on the other side of rationality, factuality and truthfulness. One way to define alternative facts.... This is an effective way to spread misinformation as it is difficult to detect. It is also interesting
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