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A closer look at Greece's revised proposals to lenders
EconomyProgrammewith those of the institutions and now sees a primary surplus target of 1 percent of GDP for 2015... include: 1) Increase in the corporate income tax rate by 3 percentage points to 29 percent from 26... are coming on top of measures that were also included in the previous proposal and involve: 1) Revenues
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Greece's updated proposals to lenders and how they compare to previous efforts
EconomyProgrammein the previous proposal. The pension interventions include: 1) Early retirement restrictions totalling... the cut by 3.9 pp that was implemented by the previous government as of July 1, 2014. At that time... with estimated revenues at 135 million in 2015 and 270 million in 2016. This corresponds to a 1 percent
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We can't ignore population shifts within the European Union
Agoraof the Netherlands.[1] These books are forward looking and start with an analysis of the demographics of each... from the east and south to the north and west. Table 1 below presents the data per country... in table 1, grew from 344 million to 468 million people between 1950 and 2020. The UN projects
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Where is Odysseus? Part 5 - Productivity
Agoraon the macroeconomy of Greece.[1] In blog 16, we updated Greece’s demographic projections and found... is more easily transmitted in graphs than in lengthy complex tables. Employment. Consider Figure 1, below....[2] The dotted line in Figure 1 shows the employment path that was anticipated in Odysseus’ 2018
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Where is Odysseus? Part 6 - Potential real GDP
Agoraon the macroeconomy of Greece.[1] In blog 16, we updated Greece’s demographic projections and found.... These calculations are reflected in Figure 1 below. The vertical line marks the current year 2022.... This baseline assumes that Greece still sees a recovery in labor productivity to 1 percent a year
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Greek banks complete book building: A recap of where we stand
Economybillion. Since the offer prices of all book building processes were set way below the minimum price... state aid. The offer price was set at 0.04 euros, reflecting a discount of 34.4 percent on the last... and bond investors. The offer price of the book building process was set at 0.01 euros, which
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Greece drops to 72 in Doing Business index as long-term problems persist
EconomyFeaturesthat in several of the sub indicators, scores have been recalibrated at certain points in the data set... in the first available data set for Greece as of 2006, and stood at 75.3 in the current set. However... performs most poorly in this indicator with a rank of 153. The data set, available from 2005
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Athens welcomes volume, form of Commission's pandemic recovery plan
Economyprofiles. The Commission proposed a set of tools that will address the different aspects of the crisis... line of 240 billion, set a powerful stimulus to tackle the pandemic crisis. Greece is set to receive up... euros, mainly in the form of grants funded via joint debt issuance,” he said. “The bar has been set
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Mitsotakis focuses on economy as SYRIZA concentrates on leadership contest
PoliticsGreek PoliticsMinister Kyriakos Mitsotakis is preparing to set out his economic policy proposals and reform ideas... as part of the ongoing effort to generate confidence in the markets. Mitsotakis is expected to set... is also due to set out his ideas for structural reforms in the are of public healthcare, which he has
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Terms & conditions
No image availableTerms & conditions WEBSITE TERMS & CONDITIONS 1. Description of the Services 1.1 We welcome you... of the following sections (1) Home, (2) Politics, (3) Economy, (4) Society, (5) Statistics, (6) Charts, (7... recently. SUBSCRIPTION SERVICE TERMS & CONDITIONS 1. Description of the services 1.1. We welcome you
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