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Newsletter 70 - 15/04/2016

Fri, 15 Apr 2016 13:06:00 GMT

of 3.5 percent in 2018 that would be covered by interventions in the pension system (1 percent), personal income tax (1 percent) and a series of parametric measures (1.2 percent). The draft IMF... pension reform (1 percent) and personal income tax (1 percent) as well as from VAT reform and the wage

Newsletter 51 - 12/11/2015

Fri, 13 Nov 2015 13:49:00 GMT

on the evening of November 12 and bondholders of around 1 billion of the total tendered 1.09 billion... of the LME, will be bailed-in. Overall through the LME and the bail-in, NBG has secured almost 1... figures of post-Second World War European politics. This quality was summed up by Giovanni di Lorenzo

Alexis Tsipras, Nanni Moretti and the future of the Greek Left

Fri, 30 Jun 2023 13:52:00 GMT

occupiers on May 1 1944, underlining the long historical trajectory of this ever-present and politically... D’Alema, Moretti starts shouting at the tv. ‘D’Alema di una cosa di sinistra’ (D’Alema say

Welcome to the club: Greece Joins the 17+1 network

Fri, 19 Apr 2019 06:33:00 GMT

in 2012, the 16+1 network organizes annual Central and Eastern Europe–China Summits. In practice... in the Western Balkans.[1] Apart from China, which stands for the number one, the political and economic... infrastructure over educational initiatives to industrial park construction. The first 16+1 summit was held

Does the EU Commission suffer from optimism bias? (Part 1)

Tue, 24 Jan 2023 09:29:00 GMT

(the Book). In part 1 of this blog we will highlight differences in the macroeconomic scenarios... on the Maastricht deficit and debt Criteria. * * * Figure 1 below compares the baseline scenario... that was derived in preceding chapters of the Book.[1] The baseline scenario of the Book is well

Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP

Mon, 09 May 2016 11:17:00 GMT

reforms but also on other measures, each yielding 1 percent of GDP to a total of 3 percent of GDP (5.4... percent, expected to be effective from July 1 and with estimated revenues of around 450 million euros... with lenders and would yield 0.35 percent of GDP involve: As of June 1 Increase in the excise tax on gasoline

CPI rises by 1 pct in June, staying positive for third month

Tue, 10 Jul 2018 10:14:00 GMT

Greece’s Consumer Price Index (CPI) rose by 1 percent in June following an increase of 0.6 percent... July 2017 to June 2018 was 0.6 percent. Month-on-month, the CPI rose by 1 percent compared to May’s...) rose by 1 percent year-on-year in June. Month-on-month the HICP increased by 0.9 percent. The overall

Where is Odysseus? Part 1 - Demographics

Thu, 31 Mar 2022 12:02:00 GMT

In 2019, one of us wrote a book[1] about the Greek economy called “The Macroeconomy of Greece... demographics impacts the availability of labor (L). Population. Figure 1 refreshes the population baseline... demographic transition is moving toward an elderly and smaller population. In Table 1, we provide a sample

National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax

Fri, 29 Aug 2014 10:17:00 GMT

YoY in H1 but rose 1 percent QoQ with net interest margin (NIM) improving to 2.74 percent in Q2. The quarterly rebound in NII is attributed to Turkey (up 6 percent), while Greek NII eased 1 percent QoQ.... Deposits rose 8 percent YoY in H1 and slipped 1 percent QoQ to 65.4 billion euros. In Greece, deposits

Greece seeks to finalise 1 pct of GDP in new tax measures to close review

Wed, 06 Apr 2016 08:41:00 GMT

measures related to pension reform and direct taxes - each yielding 1 percent of GDP (1.8 billion euros) - the government has to identify additional measures of 1 percent of GDP to cover the fiscal gap of 3... to cover this last 1 percent of GDP are primarily focused on raising (indirect) tax revenues and include