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Newsletter 36 - 24/07/2015
be sold without the consent of shareholders, 2) transferring business to a bridge bank, 3) separating... of capital controls since June 29, 2) the banks’ financial results for the second quarter of 2015, 3... own design flaws. When Athens missed targets, it was because Greeks were not supportive
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PM insists on 3 pct election threshold, unveils plans to entice diaspora voters
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis appears insistent that he has no plans to change the 3 pct... for entering Parliament will remain, as usual, at 3 pct” appears to remove one of the variables from... to gain more than 3 pct (ranging from 3.5 to 5.3 pct). Movement for Democracy is on 2.9 pct, with Niki
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Poverty risk rate in Greece hits high of 36 pct in 2014
SocietyThe percentage of Greece’s population at risk of poverty or social exclusion in 2014 reached a record high of 36 percent, marking the highest increase in the entire EU since 2008, data released... that last year, 3.88 million people in Greece – or 36 percent of the country’s population – were
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NOME auctions as a mechanism to strengthen competition in the Greek electricity market
LegalType of Auction), which was scheduled to take place for the first time on Tuesday, October 25, 2016.... The NOME type of auction, therefore, constitutes an alternative facilitating mechanism... of that said Law, as amended by para. 1 of Article 3 of Law no.4393/2016, establishes the sales
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At risk of poverty/social exclusion rate in Greece edged up to 36 pct in 2013
SocietyThe percentage of the Greek population at risk of poverty or social exclusion continued to rise in 2013, reaching 36 percent, up from 35.7 percent in 2012, according to data released by the Hellenic Statistical Authority on Wednesday. This means that they were in at least one of the following three
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Greece worst of 36 countries for patient rights in healthcare
SocietyGreek, along with Montenegrin, patients have the lowest level of patient rights and access to information among 36 countries in Europe, according to a new report. Greece performs poorly in offering patients no-fault malpractice insurance, the right to a second opinion and access to their own
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EU's temporary framework for state aid in response to Covid-19 outbreak
Legal(the “Temporary Framework”). The Framework is based on Article 107(3)(b) of the Treaty... justification and provided that proportionality of the aid remains assured. 3. Loans at Preferential... not receive unemployment benefit. 3. Measures concerning freelancers, self-employed and sole
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Honey, I shrunk the Greeks vol. 2
Agora. That type of solution at the time would have favoured Greece as a member of the IMF but would have... political and social dynamics. When the cracks in the program design were exposed as early... claims, you end up with a “subordination risk” where private money is seen as being inferior
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Can the Green Transition be just?
Agora, has made significant progress (Figure 3). In 2021, emissions from thermal plants that produce..., leading to a significant drop in emissions. Figure 3: The evolution of emissions from the electricity... the auctioning of ETS-2 emission allowances, as well as by the Member States. The design
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Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomybecause of its design, but also because of its constantly changing nature which results in a tax system characterised by confusion and instability. Between 2001-2015, the report counted a total of 36... paid roughly 67 percent of taxes, while 3 percent of taxpayers with an income of over 42,000 euros
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