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  1. Of symmetry and adjustments in the eurozone

    Agora

    adjustment. The increase of youth unemployment and the dramatic drop in investment rates, not only... reasons why an export-led model cannot work: The first is the many times recalled fallacy... on an export-led growth model Germany and Europe will be forced to rely on somebody else’s growth

    100%
  2. Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    and 2016, university graduates saw a significant drop in employment in the public sector, while... production model can not be built,” the report states. It identifies several challenges that need... sector was 884 euros in 2016 compared to 1,054 euros in 2008. In the public sector, despite falling

    72%
  3. "Executive state" model becomes latest lightning rod for discontent among ND MPs
    Image: https://twitter.com/kmitsotakis

    PoliticsGreek Politics

    model of governance in an attempt to manage complaints from rank-and-file MPs which culminated..., which include former government spokesman Yiannis Economou, argue that while the model had proved... governance. At the event, Mitsotakis backed Skertsos and defended the “executive state” model. The PM

    67%
  4. Development model questioned again amid reaction to luxury resort go-ahead

    PoliticsGreek Politics

    of the development model promoted by the New Democracy government. On Saturday PM Kyriakos Mitsotakis spoke... brings a new model of value-added development to the area, pointing to the heavy investment

    64%
  5. If you think it's bleak for Greece now, wait until tomorrow
    Photo by Harry van Versendaal

    Agora

    prospects based on the model that an economy’s long-term economic level depends on its capital stock, its... productivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which

    56%
  6. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    billion. The combined total corresponded to 9.6 percent of GDP. Despite a sharp drop of 21 percent... this period. The biggest annual drop was recorded in 2013 when the full impact of the last pension cut... pensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly

    52%
  7. Seasonal jobs bring down Q2 unemployment to 26.6 pct but long-term jobless rising
    Photo by MacroPolis

    EconomyMacroeconomy

    The non-seasonally-adjusted unemployment rate posted a drop both year on year (YoY) and quarter on quarter (QoQ) to 26.6 percent in Q2 2014 from 27.8 percent in the previous quarter and 27.3 percent... among females remains 7pp above that of men, at 30.4 percent compared to 23.5 percent for men. Both

    51%
  8. Piraeus and Alpha forge ahead with share capital raises and securitisations
    Photo by MacroPolis

    EconomyBanking

    share capital raise, Piraeus Bank put in motion its Sunrise programme that sees an ambitious drop of bad... with Intrum AB and Serengeti Asset Management for the sale of the Sunrise I portfolio of NPEs worth 7.2

    47%
  9. Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln

    EconomyMacroeconomy

    , at an accelerating pace of 17.6 percent after a 9.6 percent drop in November. December reading indicates the highest monthly drop in 2014. In absolute terms, arrears fell to 3.75 billion euros at the end.... Following December evolution, the drop of gg guarantees stood at 16 billion for 2014 compared to 23.1

    40%
  10. Current account deficit widens to 404 mln in March

    EconomyMacroeconomy

    a sharp drop in the primary income surplus (by 859 million) followed by a narrowing of the services... assets, largely due to a drop in residents’ holdings of foreign bonds and T-Bills by 11.4 billion... time, residents’ net external liabilities decreased by 2.5 billion euros in Q1, mainly due to a drop

    40%