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GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
EconomyMacroeconomyis preparing a new draft budget based on the adverse scenario for this year of 8-9 percent recession... predicted that GDP will fall by up to 9.8 percent in 2021 based on the possibility of a second coronavirus wave, which manifested over the summer. A recovery of 2.3 percent of GDP is seen in 2021 based
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Athens wary as exploratory talks with Turkey approach
PoliticsForeign Policythat it desires to have constructive dialogue based on International Law as a long-term choice... over the delimitation of their maritime boundaries under the condition that this will be based... with Parapolitika, Dendias said “we want a viable solution based on the relevant UN Security Council resolutions
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Athens prepared to be patient after resumption of Greek-Turkish talks
PoliticsForeign Policybased on a statement made by Turkey’s Foreign Minister Mevlut Cavusoglu, who spoke... Mediterranean based on international law.” In a way, the minister also tried to respond to former... talks. In his interview, Dendias stressed that “Greece… has no reason to fear any dialogue based
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North Macedonia's road to Brussels: Breaking the vicious cycle
Agoraconditionality policy must be merit-based. Furthermore, a vital question is how the EU uses the two... much livelier than the debate, based on analysis, on how the existing agreements are being... be much more credible, based on the power of citizens and institutions, rather than the power
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Has external competitiveness been fixed in Greece?
Agorafor Greece based on trade with all countries in the world and comparing consumer prices. We see... to calculate two REERs, one based on harmonized consumer prices (HICP, upper trend line in figure 1) and one based on inflation as indicated by the implicit GDP deflator (middle trend line). Once again, we
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A brief lexicon of the Cyprus issue negotiations
Agoraexists for a lasting solution within a foreseeable horizon. Such settlement should be based... Cyprus should be based on a more ‘classical’ understanding of a federation. In other words, apart... that, according to him, the solution must be based on ‘sovereign equality’ and not just ‘political equality
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Newsletter 302 - 18/06/2021
legislation focussing on a new supplementary pension system which is to be capitalised based on personal... and greater autonomy for school units. Based on previous experience, it is widely expected... based on the quality of teaching, but have voiced reservations to any measures which set out
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Labour compensation and productivity in the EU-27 and Greece
Agoraare almost always based on output measurements, i.e., real value added and prices in the free market... measures are largely based on input data. To be precise, the wage bill is a crucial input for value..., the government is also subject to market based checks and balances. The political system cannot just
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Who lied about Covid-19 in Serbia, and how?
Agorathat not all the information that were published by media in that tsunami was true or scientifically based... legitimate and scientifically based, were presented with facts that are unverified. A site... to such studies as fact-based research and, as a consequence, our media have published information that people who
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The quarterly national accounts from the income side
Agoraand induce much stronger competition in domestic markets—which would present a market-based incentive..., and for now based on the data that we have, we remain skeptical of this policy incentive. While wages....) minus subsidies. What we see here is also interesting. Consumption based taxes minus subsidies have
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