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  1. Greek banks’ reliance on Eurosystem fell by 2.36 bln in October

    Economy

    , and potential excess funding in the past and – to a lesser extent – deposit inflows, which have stalled in the past few months. The ELA mechanism was launched in August 2011 as a lender of last

    5%
  2. Greece leads way in cutting spending on healthcare, finds OECD
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    on healthcare but also points to the overspending that occurred in the past. At a time when average... has attempted to tackle excesses. Another sign of past largesse is suggested by the fact

    5%
  3. After Q3 results, what next for Greek banks?

    Agora

    attracted interest from foreign investors. Their stock performance over the past three months has been... of deposit rates in the banks acquired over the past 12 months, whose deposit rates were 1 percentage point

    5%
  4. Banks' reliance on Eurosystem funding eases for seventh straight month in Nov

    EconomyMacroeconomy

    interbank lending, lower funding needs on continued deleveraging, and potential excess funding in the past, while deposit inflows have stalled in the past few months. The ELA mechanism was launched

    5%
  5. Why tax evasion threatens to become endemic due to how Cyprus was bailed out
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    One of the most difficult economic concepts for politicians to understand is the idea of dynamic equilibrium. Political economy is based on the idea that it is next to impossible to return to a past... income. Thus worryingly tax evasion now seems more acceptable that in the past, at least for Cypriots

    5%
  6. Greece in 2014: The risks and opportunities of moving forward

    Agora

    example, then it can be found in what has happened in Riga during the past five years. The reward... of the past decade. But primary surpluses only gain traction if and when they are sustained over time

    5%
  7. Deposits edged up in Nov but credit contraction was close to 4 pct

    EconomyMacroeconomy

    the past 3.5 years at 294 million in November from 218 million in October. In particular, housing loan... data. This corresponds to a total stock of 66 billion loans that are past due for more than 90 days

    5%
  8. PASOK unites forces with Greek "Olive Tree" for EP elections but will it be enough?

    PoliticsGreek Politics

    , Giannitsis would find it difficult to argue he represents a break with the past and a new era for Greek... Costas Simitis. It is this connection with the past that is the most difficult obstacle for the "58

    5%
  9. Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates

    EconomyMacroeconomy

    the third quarter of 2008, but the contraction has been consistently slowing over the past six quarters... similar trend (low double-digit drop) over the past three quarters. ELSTAT’s latest flash estimates

    5%
  10. Shortcomings in healthcare seen at forefront of austerity impact in Greece
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    in the past 3 years. Findings from population surveys suggest a 2.5 times increased prevalence..., and indeed attempts to discredit, scientific research. It has been well documented that over the past

    5%