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The case for a general government balance sheet
Agora, political-economy debate. Eurostat collects data on financial net worth only because it is inconceivable... sheets has come. The Maastricht criteria are helpful markers, as far as they go, but they leave too.... The intertemporal net worth is then an indicator of whether the government’s plan for the economy and public debt
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Rising yields, market turbulence limit government's fiscal options
Economythat it is set to tighten monetary policy this year. The finance and economy ministers both argued this week... into the discussion by Economy Minister Adonis Georgiadis, was shot down because of the risk of pushing... that keeping a full ECB safety net under GGBs was far from certain despite Greek authorities hoping
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Newsletter 327 - 11/02/2022
Christos Staikouras noted that the government has very limited room for manoeuvre as far... the economy at the earliest opportunity, with the symbolic goal now shifted to Easter on April 24... to 4 billion euros. It is not clear how much of this gap will be closed by the economy picking up
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Newsletter 328 - 18/02/2022
of respondents were pessimistic about the course of the Greek economy and their household finances... criticism at New Democracy’s approach to the economy, which he said favoured the private sector over... abandoned. The only relief that has been committed so far concerns energy bills. This was extended
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Newsletter 334 - 08/04/2022
said they are satisfied with the relief measures taken so far by the government. There has also been... the effects of the latest developments and the challenges that the Greek economy is facing. BoG now sees the Greek economy growing by 3.8 pct, down by one percentage point from the previous estimate and HICP
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Newsletter 335 - 15/04/2022
on its own, and with roughly 5 billion euros of interest payments annually, and with the economy..., anticipates Greece reaching a primary surplus of 1.5 pct of GDP, on the assumption that the economy this year... of living is by far the biggest issue on voters’ minds. New Democracy has put together a bill that aims
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Speculation about snap polls after summer revived by PM's US trip
PoliticsGreek Politicsplace in November. So far, Mitsotakis has publicly rejected the idea of calling snap elections. He...” for Greek politics and the economy after the turbulence of the debt crisis. The PM has argued... for its sovereign debt and the economy may have stabilised, before launching an election campaign
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PBO urges continued fiscal discipline amid growing instability
Economymixed signals for the Greek economy and expects international factors to play a key role... of investment grade for some agencies. Events in the economy are determined by the rising energy costs... of businesses and the living cost for households. The interventions so far have been picked up exclusively
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Mitsotakis seeks Libya cooperation, keeps open mind on extending territorial waters
PoliticsForeign Policy, but Athens has chosen not to move forward so far. Mitsotakis’ assessment of the current situation vis... but also to the situation of the Turkish economy. “It has to do with the Turkish elections, the tragic situation in which the Turkish economy is, the need for Mr. Erdogan to change the agenda
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Newsletter 358 - 11/11/2022
in particular. The stance taken by the government-friendly media so far has been important in keeping... wave that has gripped the global economy. The trade deficit jumped by over 70 pct year-on-year... as the Greek economy was steadily losing competitiveness. Over the nine months of the year, the trade deficit
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