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Is Greece on track to decouple from fossil gas?
Agoragas imports were literally null (Figure 1). Figure 1: Russian gas imports from the Turksteam pipeline... decreased by 4.02 TWh, followed by industry (-3.37 TWh) and distribution networks (-1. 3 TWh). However... by the consumption cuts in distribution networks (approximately 1 TWh, or -8.1%), and more significantly
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What is the state of play with Greek banks?
Economyof their capital base was at high levels, with Alpha and Piraeus EBA core Tier 1 ratio (at the end... model to determine potential additional capital needs. The whole process is expected to be completed.... Furthermore, a 6 percent cut in bank employee wages has already been in effect retroactively as of January 1
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First review completed but more prior actions lie ahead for Greece
EconomyProgrammefor the implementation of the EU target model for the electricity market. Independent revenue agency 1... and the independent revenue agency. Privatisations 1) Agreement with the institutions by the end of June... Development Plan by the end of August. Energy 1) The Regulatory Authority for Energy (RAE) has to proceed
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Newsletter 211 -21/06/2019
plans to appoint a chief of staff as part of his effort to re-model the prime minister’s office... a chance to debate such policies with his rivals on July 1 as a cross-party committee agreed.... There is no obvious reason to believe that the July 1 discussion will be any different. New Democracy’s emphasis
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Newsletter 254 -19/06/2020
of State Giorgos Gerapetritis hinted that the changes may be announced sometime after July 1, once...” transformation. Government officials believe that the present model of government has been successful... to be announced between July 1 and the Thessaloniki Expo in early September, with more precise
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Public sector capital stock in Greece and the Euro-19
Agorain fixed capital stock is important for the wellbeing of all citizens. Figure 1 below shows two lines... spending in the economy as a whole.[1] Benchmarking. Similar calculations of the size of a public sector... to Debt Sustainability" published in 2020. Jens Bastian is senior policy advisor at ELIAMEP. [1
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Newsletter 335 - 15/04/2022
taxes were rising by a rate of 1 billion euros monthly. It was always a concern that households... sector partnerships, including referrals to private clinics to ease congestion, based on a model.... Health Minister Thanos Plevris announced that from May 1 vaccination certificates will not be needed
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After Q3 results, what next for Greek banks?
Agoraof deposit rates in the banks acquired over the past 12 months, whose deposit rates were 1 percentage point... as of January 1, 2013 and another 3.5 percent as of the beginning of next year), implementation... providing any details) that could further increase its capital base by up to 1 percentage point. However
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Bank of Greece sees 0.5pct growth in 2014 but warns of political risks
EconomyMacroeconomysurplus of 1% of GDP for the first time in 2013, according to the Bank of Greece’s (BoG) interim report... to decline by 1 percentage point (pp) in 2014. The BoG stresses that the key risk lies with the political... recapitalisation last May, Greek banks’ Core Tier 1 ratio reached 10.7 percent. The findings of Blackrock loan
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NOME auctions as a mechanism to strengthen competition in the Greek electricity market
Legal. The NOME mechanism (Nouvelle Organisation du Marché de l'Electricité) is based on the French model... of that said Law, as amended by para. 1 of Article 3 of Law no.4393/2016, establishes the sales... must be placed (namely article 135 para.2 Law. 4389/2016, as amended by article 3 para 1 of law
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