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How Greece sleepwalked off a cliff in 2009, in black and white
Agoramillion for the entire 2008. Based on the current trend, the cash deficit for the whole year..., if that trend continued then the deficit would reach 15 percent of GDP. Eurostat Based on the BoG’s... jumped by 18.1 percent vs an annual growth estimate of 9.8 percent. Based on first half of the year
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BoG sees ample capital space for banks to sell bad loans
EconomyBankingsales of bad loans based on the current capital adequacy in the categories of consumer... assets and NPEs. Based on a static balance sheet approach as of the end of June 2017, the systemwide... of scenario 3, i.e. 29.8 billion euros, with CET1 remaining above 12.5 percent. Based on the examined
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Manufacturing wage cuts were turned into profit, GSEE study claims
EconomyFeaturesreductions had been a cornerstone of reforms in the Greek economy since 2010, based on the principle... “Production costs and profit margins during the memorandum years” was based on data from the six year... based on cost of labour was said to have increased by 56 percent in six years, while staying more
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Greek families shell out for education as state system falls short
Societyon education-related expenses. The data was based on figures from 2015, the latest available. Under Greece..., a solid accountability framework, and a culture based on evaluation,” the report said, adding... of education, including external and internal evaluation and performance-based funding for higher
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Newsletter 164 -01/06/2018
against any final agreement as it would be based on a composite name with a geographical or time... relief in time for the Washington-based organisation’s board to approve the activation of its Greek...-time employment comes to 30.4 percent, or close to 630,000 workers. The data is based on figures
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FinMin sets out how it would alter policy mix to prevent pension cuts
EconomyMacroeconomy, which was a basic requirement for certain core eurozone countries. The Fund was adamant that based... that Greece would meet its targets based on the already agreed policies, the implementation... primary surplus goal a year ahead of time in 2017. Based on the MTFS, in 2019 Greece would save 1.43
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GDP revision for 2017 points to slight improvement from initial estimates
EconomyMacroeconomyin March. The revisions in the GDP figures are based on the incorporation of new data and updated... of households based on the Households Budget Survey (HBS), general government data for the years... at 180.22 billion euros. Growth in the March estimate was 2 percent. Based on the latest data, 2017 marks
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Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
EconomyMacroeconomyfinal budget, the growth for 2018 was expected at 2.5 percent based on a substantial rise... in 2019. Fiscal On the fiscal front, and based on the methodology used during the programme as well... place and was initially estimated at 7.3 billion euros. Based on the programme methodology, next year’s
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EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
EconomyMacroeconomybalance reached 1.1 percent last year, boosted from good GDP growth, a broad-based recovery in taxable... notes will be discussed in the context of its enhanced surveillance. Going forward, and based... at 181.1 percent in 2018, after which it is anticipated to decline to 168.9 percent of GDP by 2020 based
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Newsletter 205 -10/05/2019
from good GDP growth, a broad-based recovery in taxable profits and further declines in operational... the Commission notes will be discussed in the context of its enhanced surveillance. Based on a ‘no policy... percent in 2018, after which it is anticipated to decline to 168.9 percent of GDP by 2020 based on growth
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