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Reflections on Greece's balance of payments
Agora: consumption (C), investment (I), exports (X), and imports (M). Thus, when demand is equal to supply: Y = C + I + X - M. X - M describes the exports to abroad of what Greece produces in goods... domestically (including energy such as crude oil and natural gas). The balance X - M is called the “foreign
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Opposition tries to pin government down over last year's Plan X
PoliticsGreek Politicswith the so-called Plan X that former Finance Minister Yanis Varoufakis worked on during the first half... a range of government officials, Plan X was never intended as a blueprint for Greece to follow... an institutional role. The government’s assertion that Plan X does not hide any dark plans
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Hoping to continue poll recovery, PM tries to put lid on subsidy scandal
PoliticsGreek Politicsthat it will not be able to brush this issue under the carpet, but it is hoping that it will be limited to operational
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Primary surplus targets become part of main political agenda ahead of elections
PoliticsGreek Politicschange over time if the next government can overperform on the reform front remains to be seen... it immediately,” he said. “I’ve said ‘give me 6-12 months to prove that I’m serious in terms of reforms
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To Potami takes next step in mission to become key political player in Greece
PoliticsGreek Politicsin the European Parliament elections on May 25, the party’s result of 6.6 percent was still impressive given its... the 6.6 percent it received at the EU ballot) to transform it into a party that could govern... signing Greece’s first bailout agreement in 2010. Liberal parties such as Drassi and Dimiourgia Xana
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SYRIZA looks to eat further into ND's poll lead in final week of campaign
PoliticsGreek Politicsrepeated that as long as the budget continues to overperform there will be more permanent positive...) is third on 6.6 percent, followed by Golden Dawn on 6.1 percent and the Communist Party (KKE) on 5.3... for SYRIZA. KINAL follows in third place with 6.6 percent, while the proportion of undecided voters
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PM signals April elections as MP at centre of latest sleaze scandal resigns
PoliticsGreek Politicsthat ruled out elections before April, apparently aimed to put a lid on speculation over snap polls that had... to sweep the issue under the carpet until the weight of the evidence became unsustainable. The two cases
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Greek exports rise by 6.6 pct in November to trim trade deficit
EconomyMacroeconomyby 6.6 percent and a modest decrease in imports by 0.8 percent. Exports grew for the second straight
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Travel receipts drop 13.8 pct in Nov, 11-month figure down 6.6 pct
EconomyMacroeconomyfigures for the 11-month period point to a decrease of 6.6 percent in travel receipts to 13.03
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Foreign arrivals push travel surplus up by 6.6 pct in July, average expenditure falls
EconomyMacroeconomyto improve by 6.6 percent to 2.74 billion from 2.57 billion a year ago. The increase in receipts is driven
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