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The new programme will support recapitalisation of the banking system, allow orderly -- rather than fire-sale -- divestment of state-owned assets and promote liberalisation of the…
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DOI: 10.1108/OXAN-DB201709
ISSN: 2633-304X
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In the absence of external funding, capital controls will remain. Banks will allow depositors to withdraw up to 420 euros (456 dollars)/week at one go rather than in daily…
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DOI: 10.1108/OXAN-DB201073
ISSN: 2633-304X
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The economic rebound from a 9% contraction in 2020 is mainly being driven by strong domestic demand supported by accommodative fiscal policies and higher-than-expected tourism…
In Greece, a country of 10 million people, 114 patients are in intensive care for COVID-19, of whom 35 are breathing through tubes (‘intubated’). The vulnerability of the…
The official baseline is for an 8.2% GDP contraction in 2020, and a 7.5% rebound in 2021. It took into account moderate restrictions on movement in winter 2020/21, but the…
The plan, otherwise known as Greece 2.0, is reportedly the most detailed national plan EU officials have yet seen. It contains 175 investment projects and reforms. Green…
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DOI: 10.1108/OXAN-DB261203
ISSN: 2633-304X
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Greece will re-enter international capital markets solely on the strength of its economy, after a near-decade-long recession that wiped out one-quarter of its output and left…
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DOI: 10.1108/OXAN-DB236453
ISSN: 2633-304X
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Prospects for Turkey to end-2022.
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DOI: 10.1108/OXAN-DB270739
ISSN: 2633-304X
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Freer access to markets and the professions has been recommended to stimulate competition, generate growth and benefit consumers. However, the benefits of such an approach for the…
The authorities are gradually lifting pandemic-induced restrictions. The need to protect public health has given way to preserving the productive capacity so painfully built up…