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Mitsotakis shrugs off scandals to hit back at foreign policy critics
PoliticsGreek Politicswith Libya, Mitsotakis reiterated his government’s position that the Turkey-Libya maritime agreement... the rival factions in Libya, allowing Libya to press territorial claims with backing from Ankara
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Greece working on plan for multilateral talks in East Med
PoliticsForeign Policyin the proposal are Greece, Cyprus, Turkey, Egypt and Libya. The conference does not include Israel... to be Ankara’s refusal to participate in any forum that excludes Turkish Cypriots, while Libya... from Libya to represent both factions. Whether conditions on the ground make this feasible remains
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ECB tests find negligible capital shortfalls at Greek banks
Economyfor capital needs was based on the agreed restructuring plans (dynamic model) rather than the end-2013 figures (static model). The ECB noted in its country results that the aggregated capital shortfall.... Eurobank Under the static model, Eurobank showed a capital shortfall of 4.63 billion euros, which
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Labour market reforms did exactly what they were supposed to
Agora- and export-led growth model.” Greece did not just require some fine-tuning. The aim was an entire... in exports of services, demand for which is not price elastic, and in capital-intensive goods
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Newsletter 1 31/10/2014
on the dynamic (agreed restructuring plans after the end of 2013) rather than the static (end-2013 figures) model... involves the capital surplus that Greek banks showed under the dynamic model, which reached 10.7... lender that passed the stress tests under the static model even without taking into account
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Report reveals institutions’ views on labour market reforms
EconomyProgrammeand thus enhance employability. The institutions favour a labour model of flexibility with security (flexicurity) that is applied in Denmark. The key characteristics of the Danish model include... and social dialogue. This model allows for numerical (extended use of overtime, frequent hirings
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Data for May shows Greek PMI in growth territory for second straight month
EconomyMacroeconomyin raw materials such as glass and plastic. Nevertheless, strong competitive pressures led producers
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Net private sector hirings of 29,351 in March, highest in last 15 years
EconomyMacroeconomyand entertainment (-408), manufacturing of rubber and plastic products (-180) and manufacturing
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Marinopoulos travails point to wider difficulties for supermarket sector
EconomyFeaturesto the front with back rows left completely vacant, and plastic crates placed under items in the frozen foods
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Capital controls trigger big rise in card use and VAT revenues, Bank of Greece data shows
EconomyMacroeconomyin the share of private consumption expenditure via plastic money by 1 percentage point results
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