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Where is Odysseus? Part 1 - Demographics
Agora.[2] It would be helpful if the Greek government could also present a long-run plan to the public... population.” Figure 2 shows the comparison of working-age populations (WAP) in the book (2011... tend to define the WAP as those between the ages of 15-75. We have now included 2 further cohorts
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Where is Odysseus? Part 3 - Participation
Agora” scenario restrains the recovery of the PR to 59½ percent.[2] If Greece were to approach the EU27 level... to be in the labor force (LF). This is shown in Figure 2. The baseline scenario for the labor force.... Recall, there are two reasons: 1. Slightly higher population and, 2. Slightly bigger WAP
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Newsletter 349 - 02/09/2022
. This emerges as a more divisive issue, with only 2 pct of ND voters agreeing that Mitsotakis should step... by Lithuania at 3.6 pct of GDP, but with a much smaller allocation of 2 billion euros. The largest nominal... to roughly 2 billion euros, jumping from 1.14 billion euros in August. The revenues
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Where is Odysseus? Part 6 - Potential real GDP
Agoraby the Greek government.[2] Our more-modest real GDP outlook for the long run is quite below that of the EU... productivity improvements must be pushed up mathematically, even to over 2 percent a year around the 2040s... these two diverging growth outlooks. Figure 2 graphs the comparison between the real GDP potential
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Reflections on Greece's balance of payments
Agora-investment balance of the government (the public sector). Figure 2 below shows the results... of the government in Figure 2. Financing the current account deficits. When a country runs a current account... banks. In 2008-Q1, the “restricted” Greek NII position[2] was a deficit of €-160 billion, or -68
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Industrial turnover completes eighth month of contraction in Nov, falls 2.7 pct YoY
EconomyMacroeconomy-on-year (YoY) from a 2 percent decrease in October, according to data released by the Hellenic..., basic metals. Revenue in the domestic market decreased by 2 percent, while the non-domestic market was down by 2.5 percent. On a monthly basis, industrial turnover in the total market decreased by 2
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Is Greece on track to decouple from fossil gas?
Agoraand Italy (Figure 2). Figure 2: Changes in total gas consumption in the 27 EU-27 Member States over... with increased storage capacity[2] as an alternative to new gas plants. In any case, the 7.7 GW of total gas... from Bulgaria, North Macedonia and Albania, while Greece mainly exports to Italy. [2]Electricity
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Underwhelming GDP highlights investment falling short of mark
EconomyMacroeconomy, as the momentum from the pandemic recovery started to ease, GDP recorded growth rates of 2 pct, 2.7... for. That said, growth of 2 pct that outpaces the EU and the eurozone almost four times can hardly... between 2 and no more than 2.5 pct. Once again, fixed capital formation is expected to grow by more
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Newsletter 416 - 15/03/2024
authorities. Even the lower growth rate of 2 pct last year puts Greece well ahead of the eurozone and EU... certainly live with a growth rate in the region of 2 pct for 2023. The area that the Greek authorities... expect growth rates of between 2 pct and 2.5% pct This will only complicate matters as the fiscal
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Where is Greek growth coming from?
Agora, as we remember. 2) Then came a period of gradual recovery, from mid-2013 to end- 2019. Growth rates... concluded that real growth could be over 2 percent, even up to 2.5 percent. I have some concerns about...; dotted line is Euro20).[2] In Greece, consumption hovers around 90 percent of GDP, whereas in the Euro20
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