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North Macedonia's road to Brussels: Breaking the vicious cycle
Agoracompetitive and innovative economy, as well as low investment in human capital, in a situation where... of EU standards on energy efficiency, pollution… Formal reforms, lacking substance... of the region. Let us remind ourselves - the point was to share EU values and standards. Stabilization
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When will Greek banks operate as credit institutions again?
Agorasector, the credit transmission mechanism towards the real economy remains severely impaired. Two key... a lending recovery has yet to materialize itself in the Greek real economy. Source: Own calculations... after the recapitalisation. In addition, the capital stock of the Greek real economy remains too thin
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Greece: After a deal, work on a solution
![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/10/09/poverty_myrto_0910-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Agoraeconomy. Source: Eurostat, Haver Notes: Q1 2000 = 100. Unit labour costs measure labour costs per unit of output; the GDP deflator is a price index for the whole economy, not just consumption, as measured... in the 2012 restructuring of Greek public debt, and the economy has collapsed, depriving the system
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Newsletter 388 - 07/07/2023
on Saturday. The PM emphasised the goal of expanding the economy, but his speech revolved around five axes... to do with public administration reform, or the so-called “executive state”, the second with the economy... recess. Although these moves contribute to the continuity that markets and the economy see favourably
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Newsletter 9 - 30/12/2014
have for Greece’s economy and its future in the eurozone. New Democracy, and PASOK to lesser extent... claiming that the main issue facing the domestic economy lies with the supply rather than the demand... reforms. If the productive capacity of the economy does not improve, than higher demand would
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Asking Greece to stack more austerity measures ignores past failings
Agorawas a good year for Greece. The economy appeared to be bottoming out and in the run up to the European... unorthodox attire or economic views, the Greek economy failed to meet the demanding fiscal targets. No one... apparent that the volume and intensity of the austerity was stifling the economy and all assumptions
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Check, please: How much Alexis Tsipras's first months cost Greece
Agorawith uncertainty and the economy slowed down. To seal a deal at last June’s Eurogroup, Tsipras agreed...y In 2014, Greece managed to record its first year of real growth since 2007. The economy grew.... In its economic outlook in the summer of 2014, it estimated that the economy would grow by 2.3
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Where is Odysseus? Part 2 - Uncertainty
Agorato guide the people of Greece back home from a high debt ratio in the economy to a much lower debt ratio... the economy sustainable for next generations. The Covid shock and Ukraine War were unforeseen in 2018, so we need to ask what has happened to the economy in the meantime, and whether Odysseus is still
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Where is Odysseus? Part 3 - Participation
AgoraGreece home to a sustainable and prosperous economy, seeking to navigate a high debt ratio of 185... for the overall size of the economy. Then, in blog 17, we calculated that the working-age population (WAP... their participation in the economy and as more elderly workers also stayed on the job longer
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Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB
EconomyBankingon the back of lower deposit cost, leading core PPI (excluding one-off items) up 1.1 percent QoQ... million in Q3. Gross loans slipped by 1.1 percent QoQ to 68.9 billion n Q3, while deposits contracted.... The NPL ratio rose at an accelerating pace of 1.1 percentage points to 40.5 percent in Q3 from 39.4
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