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Posts by Bob Traa
Bravo, Bank of Greece
The Central Bank of Greece recently announced on its website the launch of a new publication, called “Note on the Greek Economy.” This new publication aims to “inform the broader public about the recent economic developments and prospects of the Greek economy.”
Contributor: Bob Traa
Categories: Economy (326), Greece (493)
A closer look at Greece's Q3 2023 national accounts
ELSTAT has just published an update for the Greek national accounts through the 3rd quarter of 2023. Since this summarizes the whole economy, it is helpful to see what the data can tell us.
Contributor: Bob Traa
Categories: Economy (326), Greece (493)
Greece - Some structural macroeconomic arithmetic
It is fall season (2023), which means that the Ministry of Finance, the Central Bank of Greece, the European Commission, and the OECD and IMF, among others, look ahead and present their near-term outlook for the Greek economy. This blog attempts to place the messages in context by looking underneath the surface. Can we ascertain Greece’s structural underlying basis?
Contributor: Bob Traa
Categories: Europe (281), Economy (326), Greece (493)
Where are the Conservatives?
Kyriakos Mitsotakis won an impressive election victory in June 2023 to lead Greece for a second term as Prime Minister. He heads the New Democracy party (ND). Mitsotakis and ND profile themselves as “conservatives.” The main opposition parties, SYRIZA and PASOK, may be seen as “further left” (progressive) and “center left” (labor party), respectively.
Contributor: Bob Traa
Categories: Politics (384), Economy (326), Greece (493)
On monetary policy and inflation targeting
The setting. Consider two countries, A and B, that both aim to follow an inflation target, let us say 2 percent year-on-year (Y/Y) for the headline index of consumer prices (HICP).[2]
Contributor: Bob Traa
Categories: Economy (326)