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  1. European Commission's Greek DSA sees recession ahead, debt becoming unsustainable

    EconomyProgramme

    targets (-1 percent in 2015, 0 percent in 2016 and 1.5 percent in 2017). Based on these assumptions...) are estimated at around 12 percent in the 2020-2030 period, while exceed on average the 15 percent

    6%

  2. Newsletter 44 - 25/09/2015

    Newsletters

    close to the upper end of the 10–25 billion envisaged in the Euro Summit statement of 12 July. Since... before the depositor bail-in becomes effective as of 1 January. That said, the Greek banks have

    6%

  3. Where we stand in the Greek bank recapitalisation process
    Photo by MacroPolis

    Economy

    Summit statement of 12 July. Since the final outcome is also closely related to the underlying... for the recapitalisation process to be completed before the depositor bail-in becomes effective as of 1

    6%

  4. Ambitious privatisation targets will test government's resolve

    Economy

    the following measures: 1) Endorse the Asset Development Plan (ADP) approved by HRADF at the end of July, which... the Euro Summit statement of July 12, a new independent asset fund is due to be established to manage

    6%

  5. IMF aligns Greek projections with EU, revises down GDP
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    In its latest World Economic Outlook (WEO) published on Tuesday, the IMF presented its updated macro forecasts on Greece, which are based on data available on August 12. As expected, the IMF revised... full year GDP fall. Greek GDP grew by 1 percent in the first half of the year so for the full year

    6%

  6. Portuguese election: Where those who lost may decide
    Photo by Alessandro Grussu via Flickr https://flic.kr/p/ffhoRc

    Agora

    rate in Portugal will drop this year almost 1 point compared to April estimates, although growth... Party (PS) played its role in the defeat (although gaining 12 seats, taking its total to 85

    6%

  7. Building activity down by 3.5 pct in Sept for third straight fall

    EconomyMacroeconomy

    percent in 2015, 5 percent and 1 percent in 2017 under the baseline stress test scenario. Housing... the end of 2010, with overall loan net deductions at almost 12 billion euros over this period. According

    6%

  8. Unemployment rate fell further to 24 pct in Q3 on seasonally increased employment
    Photo by MacroPolis

    EconomyMacroeconomy

    of ‘long-term’ (more than 1 year) unemployed remained well below the 900,000-mark for the second quarter... instead of full-time, while 12 percent were exclusively looking for a full-time job. An almost stable

    6%

  9. Gov't hits back as pension reform row heats up
    Photo by MacroPolis

    EconomyProgramme

    of the government’s unofficial statement: 1) Any comparison of the new pension levels with those included... and the previous governments had made 12 cuts to pensions since then. 2) The domestic economic

    6%

  10. Building activity rebounds 7.2 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    by 5 percent in 2016 and 1 percent in 2017. Meanwhile, housing loan balances have contracted by 16 percent since the end of 2010 with aggregate loan net deductions of around 12 billion over this period

    6%