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Newsletter 313 - 22/10/2021
and could add as much as 6 percentage points to the debt load and will be even more compounded once... in the region of 2 pct of GDP up to 2060. The Finance Ministry was also kept busy this week in the push... decade growth will be 2 pct, with Greece needing more than 3 pct to converge towards the eurozone
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The case of SYRIZA's fiscal performance
AgoraSYRIZA accomplish this? To boost the fiscal balance, SYRIZA 2 increased revenue and cut expenditure... families.[2] Direct income taxes under SYRIZA were lower than under Samaras, and Greece received fewer... experience with Varoufakis. On the expenditure side, SYRIZA 2 cut spending on goods and services
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European Commission review of Greek programme: The key points
EconomyProgrammerecovery, unemployment is seen easing by 1.3 percentage points (pp) in 2014 and by an additional 2... year, 2 billion could not be cleared in 2013 and therefore are expected to be paid in 2014. Delays... trade law, 2) adoption of investment licensing and spatial planning laws, 3) update the list
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Newsletter 30 - 12/06/2015
of June. Since the ELA liquidity buffer for Greek banks has remained stable at 3 billion over the past 6... sector withdrawals, reached around 6 billion over this period. Based on the latest ELA limit of 83... six readings have all been above the 2 percent- mark. There was a 12.1 percent MoM drop in clothing
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economyits GDP forecasts, which now point to a recession of 2 (in the baseline scenario) to 4 percent... balance of 1 to 0.5 percent in 2016 and a primary surplus of 2.25 to 2 percent in 2016. However... recapitalization of 25 billion 2) Debt amortization of 33.8 billion, which increases to 35.9 billion including
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First review completed but more prior actions lie ahead for Greece
EconomyProgramme, the fund’s internal regulation has to be completed by the same date. 2) A second set of state... should also adjust the quantities for auctions. 2) New framework for the distribution of the special...) The government should secure a sufficient level of resources for the new independent revenue agency 2
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Newsletter 108 - 24/02/2017
indicated that the volume of measures should reach 2 percent of GDP, or 3.6 billion euros... percent reduction in the ENFIA property tax, cutting VAT on electricity bills from 13 to 6 percent... to 2 billion. As a result, the travel surplus dropped by 7.3 percent to 11.21 billion in 2016
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Going for Growth: What next for Greece's economy and banks?
Agorawith 18.6 percent unemployment[2], millions of Greeks still don’t have work or a path to a better... financial markets and banks in 2015[6] an additional spotlight was shone not just on the impact of equity... of capital have entered the country (figure 2) which is a positive sign of encouraging growth
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Newsletter 214 -12/07/2019
into immediate effect. The government’s tax bill, which is set to phase in 6 billion euros worth... after it dipped below 2 percent just before the election. 2 Unemployment falls to 17.6 pct in April...-on-year, the figure for those employed increased by 74,993 or a rise of 2 percent. Total employment
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We can't ignore population shifts within the European Union
Agorawhether these differences are a cause of population movements in the EU more broadly.[2] In fact... or over 30 percent of the 2020 base. In contrast, the north-west is expected to lose 2 million people... should somehow be restricted[6], but countries that lose population will see a dilution of population
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