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The IMF Needs to Stop Torturing Greece

Bass, J. Kyle, (2017), “The IMF Needs to Stop Torturing Greece”, Bloomberg View, 19 Septembre “Beware of Greeks bearing gifts,” wrote the ancient Roman poet Virgil. In the 21st century, it’s the Greeks who should have been more careful about accepting offerings — specifically from the International Monetary Fund, which is now torturing the country in a misguided effort to get its money back. Relevant Posts Gelpern, Anna, (2017), «The …Read More

Έρευνα για τις Προοπτικές Απασχόλησης – Ελλάδα

ManpowerGroup, (2017), “Έρευνα για τις Προοπτικές Απασχόλησης – Ελλάδα”, Σεπτέμβριος Η Έρευνα της ManpowerGroup για τις Προοπτικές Απασχόλησης διεξάγεται κάθε τρίµηνο και καταγράφει τις προθέσεις των εργοδοτών να αυξήσουν ή να µειώσουν τον αριθµό των ατόµων που απασχολούν στην επιχείρησή τους, κατά το προσεχές κάθε φορά τρίµηνο. Η Έρευνα της ManpowerGroup για τα σχέδια προσλήψεων των εργοδοτών διεξάγεται για περισσότερο από 50 χρόνια και είναι µία από τις πιο έγκυρες …Read More

Euro area job vacancy rate at 1.9%

Eurostat/Euro area job vacancy rate at 1.9%/15 September 2017 The job vacancy rate in the euro area (EA19) was 1.9% in the second quarter of 2017, stable compared with the previous quarter and up from 1.7% in the second quarter of 2016, according to figures published by Eurostat, the statistical office of the European Union. In the EU28, the job vacancy rate was 2.0% in the second quarter of 2017, up from 1.9% …Read More

Greece Still Hasn’t Turned the Corner

Bloomberg View, (2017), “Greece Still Hasn’t Turned the Corner”, 26 July Greece returned to the private debt market this week for the first time in years, raising 3 billion euros at a relatively affordable interest rate of 4.6 percent. That’s encouraging news — but it doesn’t mean the euro zone’s most flattened economy is on course for sustained growth. Relevant Posts Kuper, Simon, (2017), «How Greeks have adjusted to the forever crisis», …Read More

Με το σταγονόμετρο τα δάνεια προς νοικοκυριά και επιχειρήσεις

Κουκάκης, Θανάσης, (2017), “Με το σταγονόμετρο τα δάνεια προς νοικοκυριά και επιχειρήσεις”, CNN Greece, 18 Ιουλίου Καθηλωμένες παρέμειναν οι χορηγήσεις δανείων προς νοικοκυριά και επιχειρήσειςσύμφωνα με στοιχεία για το τρίμηνο Απριλίου – Ιουνίου 2017 που έδωσε στη δημοσιότητα η Τράπεζα της Ελλάδος, ενώ τα πιστωτικά ιδρύματα δεν βλέπουν αξιοσημείωτη μεταβολή των χορηγήσεων στο διάστημα Ιουλίου – Σεπτεμβρίου 2017. Σχετικές Αναρτήσεις Τζώρτζη, Ευγενία, (2017), «Σε τουρισμό, εμπόριο, ενέργεια τα νέα δάνεια από τις τράπεζες», Η Καθημερινή, 17 Ιουλίου Τζώρτζη, …Read More

Fiscal policy relaxation in a depressed economy-Can there be a “Free Lunch” for Greece?

Monokroussos, Platon, (2017), “Fiscal policy relaxation in a depressed economy-Can there be a “Free Lunch” for Greece?”, Eurobank Greece Macro Monitor, 12 July This study leans on the literature on regime-dependent fiscal multipliers and the existence of hysteresis effects to demonstrate that, under certain conditions, a further relaxation of the agreed fiscal targets for Greece could not only benefit the country’s growth outlook, but might also lead to improved (rather …Read More

Commission recommends closing Excessive Deficit Procedure for Greece

European Commission, “Commission recommends closing Excessive Deficit Procedure for Greece”, Press Release, 12 July 2017 The Commission has decided to recommend to the Council to close the Excessive Deficit Procedure (EDP) for Greece. This follows the substantial efforts in recent years made by the country to consolidate its public finances coupled with the progress made in the implementation of the European Stability Mechanism (ESM) support programme for Greece. Relevant Posts …Read More

How Greeks have adjusted to the forever crisis

Kuper, Simon, (2017), “How Greeks have adjusted to the forever crisis”, Financial Times, 6 July One recent balmy evening, a Greek friend took me around Athens on the back of his motorbike. We whizzed through traffic that has thinned during Greece’s eight-years-and-counting Great Depression. Here was the rare European city centre without gentrification: the local lower-middle-class has made way not for hipsters but for migrants from Syria and Pakistan. They …Read More

Greece’s sovereign debt and economic realism

Bulow, Jeremy, Geanakoplos, John, (2017), “Greece’s sovereign debt and economic realism”, VoxEU, 30 June After another six months of discussions, Greek debt negotiations succeeded in once again kicking the can down the road. This column analyses how sophisticated and experienced negotiators like the IMF, the Eurozone leadership, and by now even the Greeks, could have let negotiations drag out for so many years, and goes on to propose a plan …Read More

IMF’s Approval-In-Principle And Greece’s Third Program: An In-Depth Look

Kyriakidis, Alexandros, (2017),  “IMF’s Approval-In-Principle And Greece’s Third Program: An In-Depth Look”, Social Europe, 3 July The Greek case of the Eurozone crisis from 2010 onwards has, by now, turned into a multi-series drama. Another instalment came in the June 2017 Eurogroup discussions on the second review of the third Greek financial assistance program (FAP). The review has limped on for more than a year since the conclusion of the …Read More

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