Just a few days before the meeting between Prime Minister Kyriakos Mitsotakis and Turkey’s president Recep Tayyip Erdogan in New York, Ankara is due to begin this Monday scientific surveys in the Aegean Sea.
Announcing a large fiscal stimulus may signal the government’s pessimism about the severity of a recession to the private sector, impairing the stabilizing effects of the policy. Using a theoretical model, we show that these signaling effects occur when the stimulus exceeds expectations and are more noticeable during periods of high economic uncertainty. Analysis of a new dataset of daily stock prices and fiscal news in Japan supports these predictions.
This paper examines how structural change in labor markets affects household credit outcomes. Using a Shift-Share instrumental variable approach, we find that occupational shifts negatively influence mortgage holding for households facing fa-vorable job market conditions, such as stable employment and income growth. Our results, robust to alternative specifications, suggest that when both individual and economy-wide career prospects are favorable, the opportunity costs of settling down grow accordingly.
The budget primary balance produced a surplus of 8.7 billion euros up to August, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
Popular products from Britain and the European Union show how uneven and unpredictable U.S. tariffs have become, even when part of trade deals.
Ahead of the PM’s recent keynote speech and extensive press conference at the Thessaloniki International Fair, ELSTAT released the latest set of GDP data for Q2, where the Greek economy’s annual growth slightly moderated to 1.7 pct year-on-year (YoY), from a 2.1 pct YoY rise in Q1.
The battle to impress Greek voters continued this weekend as PASOK leader Nikos Androulakis took to the stage at the Thessaloniki International Fair (TIF) to present his alternative policy plan a few days after Prime Minister Kyriakos Mitsotakis unveiled his extensive tax cuts.
Big financial institutions seek to adopt technology behind cryptocurrencies to make trading quicker and cheaper
Plus, private market risks, Asian stocks reach highs and Raymond Blanc at Le Manoir
Proposals would give UK much stricter rules for market than US or EU
