Search
-
Where is Odysseus? Part 6 - Potential real GDP
Agoraby the Greek government.[2] Our more-modest real GDP outlook for the long run is quite below that of the EU... productivity improvements must be pushed up mathematically, even to over 2 percent a year around the 2040s... these two diverging growth outlooks. Figure 2 graphs the comparison between the real GDP potential
11% -
Reflections on Greece's balance of payments
Agora-investment balance of the government (the public sector). Figure 2 below shows the results... of the government in Figure 2. Financing the current account deficits. When a country runs a current account... banks. In 2008-Q1, the “restricted” Greek NII position[2] was a deficit of €-160 billion, or -68
11% -
Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
EconomyMacroeconomy. The total deficit is seen at 2 pct of GDP, 4.46 billion euros, from a deficit of over 4 pct, 8.54... by higher tax revenues of close to 2 billion euros at 56.75 billion euros. Taxes are up by 1 billion euros.... Spending is contained by almost 2 billion euros, primarily due to winding down most of the pandemic
11% -
Where are the Conservatives?
Agora(Mitsotakis 1 and 2). 2. The average number of “cabinet” members, sometimes including state secretaries... measured 737,000 total employment; in 2022 it was 1.1 million.[2] We can overlap over this interval... facilitated keeping jobs to a minimum. [2] The compound growth rate of government employment is 1.4
11% -
Industrial turnover completes eighth month of contraction in Nov, falls 2.7 pct YoY
EconomyMacroeconomy-on-year (YoY) from a 2 percent decrease in October, according to data released by the Hellenic..., basic metals. Revenue in the domestic market decreased by 2 percent, while the non-domestic market was down by 2.5 percent. On a monthly basis, industrial turnover in the total market decreased by 2
11% -
Is Greece on track to decouple from fossil gas?
Agoraand Italy (Figure 2). Figure 2: Changes in total gas consumption in the 27 EU-27 Member States over... with increased storage capacity[2] as an alternative to new gas plants. In any case, the 7.7 GW of total gas... from Bulgaria, North Macedonia and Albania, while Greece mainly exports to Italy. [2]Electricity
11% -
Underwhelming GDP highlights investment falling short of mark
EconomyMacroeconomy, as the momentum from the pandemic recovery started to ease, GDP recorded growth rates of 2 pct, 2.7... for. That said, growth of 2 pct that outpaces the EU and the eurozone almost four times can hardly... between 2 and no more than 2.5 pct. Once again, fixed capital formation is expected to grow by more
11% -
Newsletter 416 - 15/03/2024
authorities. Even the lower growth rate of 2 pct last year puts Greece well ahead of the eurozone and EU... certainly live with a growth rate in the region of 2 pct for 2023. The area that the Greek authorities... expect growth rates of between 2 pct and 2.5% pct This will only complicate matters as the fiscal
11% -
Where is Greek growth coming from?
Agora, as we remember. 2) Then came a period of gradual recovery, from mid-2013 to end- 2019. Growth rates... concluded that real growth could be over 2 percent, even up to 2.5 percent. I have some concerns about...; dotted line is Euro20).[2] In Greece, consumption hovers around 90 percent of GDP, whereas in the Euro20
11% -
Newsletter 443 - 29/11/2024
at just 4.3 pct, down by more than 2 points since the last poll. Having established themselves... is on the cusp with 3 pct. The poll also projects 2 pct for the Spartiates, the Golden Dawn... one percentage point, with a 2023 negative saving rate of close to 2 pct. This leads Greece
11%