Search
-
NPLs: The Achilles heel of the Greek banking system
Agoraof that posted by the Bank of Greece, while the trend is also the opposite with EC showing a 2 pp... by the EC at 24 percent, 1 pp lower than that in 2012. The BoG figure stands 2 pp higher and indicates... to banks’ solo accounts (parent level) which also include government loans as well as loans
100% -
Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche
EconomyProgrammeincluding the prior actions needed for the disbursement of the next sub-tranche of 2 billion. The bill... retirement age limits gradually increase as of August 19 until January 1, 2022. 2) The minimum pension... by November 15 to unlock the second sub-tranche of 1 billion. The two sub-tranches of 2 and 1 billion
64% -
Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomyupward revised to 2 percent of GDP from 1.8 percent in the draft budget, above target of 1.75... anticipated impact of 2.45 billion relate to: 1) Income tax reform (716 million) 2) Change in rates... for pensioners (95 million) and other interventions (50 million). 2) Savings from non-public sector
62% -
Where is Odysseus? Part 2 - Uncertainty
Agoraretirement age was increased twice in Greece.[2] This increases the potential pool of labor... reality, if fertility remains weak. For completeness, we also show in Figure 2 (above) what...). [2] Laws 4093/2012 and 4302/2014 increased the statutory retirement age from 60 to 62 and from 65
62% -
Does the EU Commission suffer from optimism bias? (Part 2)
Agorathat member states (strategically) adopt this scenario as their own (for which there is evidence[2... emerges when we take the added effort to turn on System 2, or “Slow Thinking,” based on analysis... on “The Macroeconomy of the European Union: A Work in Progress” (in this blog text referred to as “the Book”). [2
62% -
Stability Programme sees improved growth, primary surplus above 2 pct from 2024
EconomyMacroeconomy. The primary balance rises above 2 pct of GDP next year, up to 2.5 pct of GDP by 2026, which is broadly.... Private consumption will continue to grow by 2 pct in the two next years, towards a more moderate..., reaching 2 pct in 2025. Unemployment only falls below 10 pct in 2026, at 9.8 pct.
62% -
Industrial production returns to growth of 2 pct in September
EconomyMacroeconomythree contractions since June. It grew by 2 percent year-on-year (YoY), after dropping by 0.1 percent... a drop of 2 percent, after an increase of 0.9 percent in the previous month. The annual movement... business surveys for October, industry confidence went deeper into negative territory to -4.3, from -2
62% -
Greek May CPI falls 2 pct in one of biggest drops for more than a year
EconomyMacroeconomyThe Hellenic Statistical Authority (ELSTAT) said on Tuesday that the Consumer Price Index (CPI) fell 2 percent in May, which was a faster pace compared to the preceding months. May's figures mean.... The 2 percent decrease of the CPI in May is largely due to a drop in prices of three sectors
59% -
Newsletter 2 - 07/11/2014
, with the troika sticking to its initial estimate of 2 billion. Although the Greek Finance Ministry... falling by 16.3 the previous month. 2 The politics of debt dynamics Management of sovereign debt dynamics
59% -
Industrial turnover rebounds 2 pct in November
EconomyMacroeconomyGreece’s Turnover Index in Industry rebounded by 2 percent in November after an upward revised drop of 2.9 percent in October, Hellenic Statistical Authority (ELSTAT) data displayed on Thursday... increases were posted in consumer non-durables (+5.2 percent) and intermediate goods (+2 percent
59%