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  1. Newsletter 344 - 01/07/2022

    Newsletters

    pct in 2022. Recently the OECD also revised down its estimate for this year to 2.8 pct, while... placed its estimate at 3.1 pct. Eurostat announced today Friday the HICP for June, with the latest... revised down as uncertainty hits. Official estimates were updated this week with the latest Bank

    5%

  2. IMF sees war having moderate impact on economy, while fiscal outlook remains solid
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    on the global outlook. For Greece, the Fund sees a stable growth path, with the 2026 estimate at 1.8 pct... the 2 pct estimate in the autumn economic outlook and broadly unchanged for the medium-term.... The estimates are broadly in line with those of the Finance Ministry and the Bank of Greece

    5%

  3. China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    to Serbia was 3.1 per cent in 2015 and rose to 9.2 per cent in 2016. This increase is primarily..., China’s Export-Import Bank agreed to fund 85 per cent of the bilateral project. However... plant (TPP) with China's Exim Bank. EPBBiH would finance 15 per cent of the project. A loan from China's

    5%

  4. Capital controls eased, allowing larger withdrawals and doubling limit on business transfers abroad
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    accounts. This will increase from 2,300 to 5,000 euros. This is applicable per calendar month, per depositor and per credit institution. The amounts that can be transferred in cash per trip abroad also... to 4,000 euros per customer every two months, effective from July 1st. Most importantly, business

    5%

  5. Greece moves closer to lifting all capital controls as limits on cash withdrawals removed
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    or foreign notes per person and per overseas trip. The measures are being extended to business.... The amount is applicable daily per transfer per client. The transfer overseas of up to 100 percent... euros. This applied per calendar month, per depositor and per credit institution. The government

    5%

  6. Where are the Conservatives?
    Image: https://twitter.com/kmitsotakis

    Agora

    Greeks. In Germany, this is 4.9 million Germans per cabinet member; the closest comparator is Sweden... get paid too little per person, so that productivity and the quality of services to the public suffer... productivity and per-capita income, this is the wrong allocation of labor resources. In 1995, the government

    5%

  7. How Iran war is reshaping Greece’s economy

    EconomyFeatures

    to over $1 million per voyage. Economic pressure Greece’s energy profile remains highly sensitive... March, petrol averaged €2.05 per litre nationwide, a 13 pct increase since the conflict began... cents per litre and by 6 cents per litre for diesel, alongside a direct 20‑cent per litre subsidy

    5%

  8. IMF aligns Greek projections with EU, revises down GDP
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    recession estimate of 2.3 percent to be met, GDP needs to contract by more than 5 percent in the second... environment, the Fund stressed. The IMF also lowered its long-term GDP estimate for Greece now calling... downward its GDP estimates, aligning them with those the European Commission (EC) released in mid

    5%

  9. ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

    EconomyMacroeconomy

    In its second estimate of the annual national accounts for 2015, the Hellenic Statistical Authority... billion euros, 2.38 billion above its previous estimate, while 2013 nominal GDP was slightly upped... initially estimated, while real GDP contraction remained unchanged at 0.2 percent. The revision

    5%

  10. Where is the EastMed pipeline heading?
    Photo by Aris Roupinas via https://www.pio.gov.cy/en/

    Agora

    Zone, the decision to send troops to Libya, the maritime agreement with the Tripoli-based government

    5%