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Our most popular stories in 2014
Agoradisappointments of the troika-led program. One of the pillars of Greece’s adjustment was meant to be internal... three years is led by the exports of services. For instance, maritime transport exports, where... been well publicised. A recession that began in 2008 has led to GDP contracting by a quarter, while
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Reform proposals to define size of Tsipras's task in keeping party on board
PoliticsGreek Politics. These were led by veteran MEP Manolis Glezos. The 92-year-old World War II hero issued a statement... but there is no indication at this stage that the Left Platform led by Energy Minister Panayiotis Lafazanis, which... nowhere a few years ago to be part of Greece’s first ever left-wing led government, nobody among
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Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
EconomyMacroeconomyquarter by 0.6 percent QoQ from 1.6 percent in Q4. This was mainly led by export of services (-1.7... uncertainty coupled with Grexit and capital controls’ concerns have led to lower bookings in April... to decelerate to 4.1 percent in 2015 and accelerate to 5.1 percent in 2016, mainly led by tourism
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Newsletter 29 - 05/06/2015
. Keeping the current pension regime intact is one of the key red lines for the SYRIZA-led government... and the SYRIZA-led government has spread to more eurozone capitals. Greece’s negotiations with its... eurozone member states towards Greece and its SYRIZA-led government have even reached European partners
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The main political scenarios ahead for Greece should it reach a deal with lenders
PoliticsGreek Politicsthan the previous one led by Samaras. This should be enough to support one of Kammenos’s main arguments... and Potami. Teaming up with New Democracy if it continues to be led by Antonis Samaras, with whom Tsipras... with lenders. This would be similar to the PASOK-New Democracy-LAOS interim government led by ex-central
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Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomyto address their significant liquidity problems. After a series of M&A transactions that led... in the time deposit rate led the weighted average rate on new deposits down by 2 bps to 1.10 percent... in the average deposit rate led the average spread up by 9 bps to 3.88 percent in May.
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On the Greek crisis and German imbalances
Agora. This economic understanding is also crucial in order for German-led eurozone to come to a mutually... Greek governments and a big-state socialistic attitude among decision makers and society alike. This led... that had led to the Cypriot Banking Crisis. The remaining rigidities in the Greek economy, in the absence
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Manufacturing PMI falls to record low in July, new business sees biggest drop
EconomyMacroeconomyincluding output, new orders, employments and stocks. This was mainly led by the capital goods... mainly led by the difficulty in receiving items from abroad. Another strong negative implication... time, the lack of supplies’ availability led to an increase in the average purchase prices
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Signifcant underspend covers revenue shortfall for budget primary surplus to August
EconomyMacroeconomyexceeded target by 93 million in August, for the first time since April. The August performance led... instalment starting from July, yet the SYRIZA-led government decided to postpone the first payment until... this performance led to a PIB deficit of 333 million in August, the year to date PIB balance remains
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Tsipras confounds expectations, creates new doubts by reviving coalition
PoliticsGreek PoliticsDefying opinion polls, Alexis Tsipras led his party to a comfortable victory in Sunday’s elections... to their departments, meaning there will not be a period of bedding in that could have led to delays... members to fall in line. Despite the split that led to the creation of anti-bailout Popular Unity (whose
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