- Greece: Fiscal consolidation should continue
Economic activity has already weakened due to slowing domestic demand. Growth is expected to be subdued until mid-2009 in the context of a sluggish external environment, but to firm gradually thereafter. Inflation is set to decline, but the persistent differential with the euro area is likely to remain.
(111 words) - Greece: After the fires
Activity has been strong so far in 2007, despite the impact of forest fires and a slowing of housing investment towards a more sustainable level. Growth is set to weaken in 2008, before edging up to around 4% in 2009. Inflation is likely to rise in light of demand pressures and the current account deficit is expected to remain large.
(152 words) - Greece’s fitter economy
Though legend has it that the ancient Olympic Games were founded by Heracles, a son of Zeus, the very first Olympics of the modern era took place in Athens, in 1896. The government at the time was unable to fund construction of a stadium, so a wealthy architect donated a million drachmas (over $100,000) to restore and use the Panathenaic Stadium, originally built in 330 BC.
(674 words) - What’s new? Some answers from Ancient Greece
New economies, new politics, new technologies, new media. New products and services, new software and hardware. New, new, new. . . the modern world is devoted to innovation, the promotion and exploitation of new ideas and discoveries.
(1559 words)
- Corporate governance: Lessons from the financial c...
- The green growth race
- Why tax matters for development
- Roundtable on the jobs crisis
- Development aid: The funding challenge
- News brief - June 2009
- Passing the stress test
- Roundtable on regional policy
- Nothing ventured
- Unemployment : The language of the crisis