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Productivity developments in the Greek public and private sector
Agora. There is no contested market for government services (at least not in the short run[1... numbers of real GVA per employee are shown in Figure 1 (index Q1 2001 = 100), together... of Figure 1 jump out immediately. Overall productivity increased in the initial boom years after euro
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The case for a general government balance sheet
Agoraof a government impacts future generations. Figure 1 shows the summary results of a preliminary general government balance sheet for Greece and the 19 countries of the euro area (Euro-19). Subsequent tables 1 and 2 illustrate balance sheet data in more detail. Figure 1 above captures for Greece and the Euro-19
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Where is Odysseus? Part 2 - Uncertainty
Agorawith data through mid-2018.[1] The book presents a long-run baseline scenario for Greece to help make... pressures. In Part 1 (Blog 16) of our follow up, we recalculated the baseline demographic outlook... looking uncertainty interval. Consider Figure 1 below, which shows not a single updated demographic
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Tsipras sticks to pre-election pledges as eurozone negotiations loom
PoliticsGreek PoliticsFund in March. Beyond that, Tsipras stuck to his pre-election line, as set out in the Thessaloniki.... Tsipras also set out plans to tackle corruption and tax evasion but did not provide great detail..., starting with Wednesday’s extraordinary Eurogroup. Negotiations Many of the measures set out
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Parliament's bailout probe has potential to be politically toxic
PoliticsGreek PoliticsParliament is set to discuss in the next few days (possibly on Monday) a proposal by SYRIZA and Independent Greeks MPs to set up an inquiry into the circumstances in which Greece signed up to both... forces. It is a perhaps not such an uncanny coincidence that the parliamentary inquiry is set
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New prior actions may prove obstacle as Athens talks intensify
PoliticsGreek Politicswill have to pass a third set of prior actions before the agreement is sealed. Athens insists... set of prior actions when it became clear the farmers' taxation in particular was causing..., which is due to be ready by October Product and service market liberalisation, as set out
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Refugee crisis poses multiple political challenges for Tsipras
PoliticsForeign Policyfailed to set up a service to manage some 500 million euros for addressing immigration challenges. Tsipras said it was agreed during Friday’s meeting that the service would be set up in the next few days... an opportunity to show whether it can govern without operating within the restrictions set
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Tsipras is at his strongest, but for how long?
Agoraon the topsy-turvy events of this year. However, let us set aside the speculation for a second and focus... predicted anywhere near a 7.4 percentage point win, which raises a new set of questions about... in voting because the policies set out in the third bailout means it will make no difference who
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Eurogroup gives Greece another week to agree measures, keeps tranche and recap funds on hold
EconomyProgrammesector issues as well as the pending measures from the first set of milestones in the course... billion euros for bank recapitalisation from the implementation of the second set of prior actions... of foreclosures, as well as the first set of milestones should be resolved and implemented
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Greece, lenders reach deal to secure bailout sub-tranche and bank recap funds
EconomyProgrammeby 3,391 euros for each child. So, for a family with two children the income threshold is set at 20,639... property value is set at 230,000 euros and the annual income would be no higher than 13,906 euros.... This means that for a family with two children the annual income threshold is set at 35,086 euros
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