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Greece
Featured Content
RGE Analysis
Four Options to Address the Eurozone's Stock and Flow Imbalances: The Rising Risk of a Disorderly Break-Up
Nov 1, 2011
Greece: Fiscal Policy and Public Finances
Greek Parliament Approves 2012 Budget
EU and IMF October Reviews of Greek Program: IMF Pushes for Greater Structural Reforms
EU and EMU Institutional Framework
€500 Billion European Stabilization Mechanism (ESM) Signed: Ratification by Mid-2012
RGE Analysis
Brady Plan 2.0: RGE Proposal for an Orderly but Coercive Greek Debt Exchange Approved by the Eurozone and Private Sector
Jul 22, 2011
Market Strategy
Reduced Tail Risk Allows Selective Risk On, Despite Unanswered Questions and Moral Hazard
Jul 27, 2011
Macroeconomy
Greece: Domestic Demand
Greek Q3 Unemployment Rate Rises to 17.7%
Eurozone : Greece : Europe : Macroeconomy : Labor Markets and Productivity :
Greece: Price Dynamics
Greek Inflation Falls to 2.2% y/y in December
Eurozone : Greece : Europe : Macroeconomy : Monetary Policy and Inflation :
Markets
Finance & Banking
Greece: Fiscal Policy and Public Finances
Greek Parliament Approves 2012 Budget
EU and IMF October Reviews of Greek Program: IMF Pushes for Greater Structural Reforms
Eurozone : Greece : Europe : Finance and Banking : Macroeconomy : Fiscal Policy :
Geostrategy
Key Indicators
FTSE JSE Resource 20
Index Price Level
Index Price Level
55233.6, 54420.47, 54420.47, 54405.57, 54024.53
54,024.53
Harmonized CPI
All-items HICP - Greece
All-items HICP - Greece
120.37, 119.19, 117.6, 121.37, 122.17
122.17
Gross domestic product at market prices
Mil of euro (chained 2000 prices), Real, SA, WDA - Greece
Mil of euro (chained 2000 prices), Real, SA, WDA - Greece
45584.6, 45230, 44435, 43137.7, 42437.2
42,437.2
Government Budget
Balance as Percent of GDP, Percent - Greece
Balance as Percent of GDP, Percent - Greece
-2.7, -3.8, -4.1, -5.1, -6.1
-6.1
Unemployment rate
Total - Greece
Total - Greece
11.57, 11.92, 11.96, 11.62, 12.03
12.03
data by Factset
Greece Outlook: Bailout Makes Everything Worse
We expect the contraction in Greece’s GDP to deepen to 5.7% y/y in 2011 before easing to 4.9% in 2012 and 2.1% in 2013. We expect that, faced with a choice between a decade of austerity and recession or an EZ exit to regain competitiveness, the government will choose the latter, most likely by the end of 2012.
Read the latest Greece Outlook
Market Strategy
Market Strategy
Are CDS Worthless Because Greece's Exchange Won't Trigger a Credit Event?
By Nov 2, 2011
Market Strategy
Damned If You Do, Doomed If You Don't: Life After Greece's Mega-Exchange (If it Actually Happens)
By Sep 16, 2011
Market Strategy
Reduced Tail Risk Allows Selective Risk On, Despite Unanswered Questions and Moral Hazard
By Jul 27, 2011
Cross Asset Monthly
The Big Picture: Necessary but Insufficient Policies for Interesting Times
By Oct 29, 2010
Market Strategy
Q3 2010 Scenario Analysis: Macroeconomic Factors & Asset Class Investment Implications
By Aug 2, 2010
Market Strategy
Cross Asset Monthly: A Summer of Discontent: Navigating the Tug of War Between Greed and Fear
By Jul 27, 2010
Market Strategy
Fixed Income: Relief Rallies European Bond Markets, But Now for the Hard Part
By May 10, 2010
Market Strategy
Fixed Income: Uncertainty Persists in EZ Periphery as Greek Curve Remains Volatile
By May 3, 2010
Market Strategy
FX: Build Short Positions on EUR Strength, Concern for Reserve Currency Status
By May 3, 2010
Economic Research
Europe Weekly
Greek PSI and the ECB; EZ Yield Curves; EZ PMIs; UK Double Dip; Hungarian Monetary Policy; EZ Calendar
By Jan 27, 2012
Economic Research
Conference Call Replay: EZ State of Play—Another Summit, More Skepticism
By Jan 27, 2012
Economic Research
Conference Call Highlights: Can the EZ Be Brought Back From the Brink?
By Nov 17, 2011
Europe Weekly
EZ PMIs; Greek Politics; UK Growth; Romanian Monetary Policy; Russian IP; Turkish Inflation; EZ Calendar
By Nov 4, 2011
Economic Research
Four Options to Address the Eurozone's Stock and Flow Imbalances: The Rising Risk of a Disorderly Break-Up
By Nov 1, 2011
Economic Research
Waiting for the Wednesday Summit: Progress Report on EFSF Leverage Options, Bank Recaps and Greece
By Oct 24, 2011
Economic Research
Low Inflation in EZ Core Threatens Periphery’s Efforts to Regain Competitiveness
By Oct 21, 2011
Economic Research
Conference Call Replay: Eurozone in Crisis—More Than a Plan to Plan Needed
By Oct 21, 2011
Economic Research
Last Shot on Goal: Will Eurozone Leaders Succeed in Ending the Crisis?
By Oct 21, 2011
Economic Research
The Age of Crisis: Down and Out Depression in D.C.—RGE on the IMF/WB Annual Meetings
By Sep 26, 2011
Economic Research
Brady Plan 2.0: RGE Proposal for an Orderly but Coercive Greek Debt Exchange Approved by the Eurozone and Private Sector
By Jul 22, 2011
Economic Research
Second Bailout Package for Greece and Stabilization of the EMU Framework—Options and Solutions
By Jul 21, 2011
Economic Research
High Time for an Orderly and Market-Oriented but Coercive Restructuring of Greece's Debt
By Jul 13, 2011
Economic Research
Despite Serious Vulnerabilities, Italy Is Not Greece; the Show Will Probably Go On
By Jul 13, 2011
Europe Weekly
Greek Debt; Volatile Turkish Inflation; Fragile Irish Growth; Russia's Weak Fixed Investment; Poland's Shale Gas Bonanza; Denmark's Bank Woes
By Jul 8, 2011
Europe Weekly
Risks and Growth Prospects Across the EZ, UK, Nordics, Emerging Europe and CIS
By Jul 1, 2011
Europe Weekly
Turkish Credit Growth; UK Consumption; Russian Payroll Tax; Greek Crisis Impact on Romania; Finnish Growth Policy
By Jun 24, 2011
Europe Weekly
Greek Crisis; German Banks Exposed; Irish Bondholders; Czech Banking Risks; Turkish Wage-Price Spiral
By Jun 17, 2011
Economic Research
EZ Policy Makers Will Avoid Tough Decisions and Continue to Muddle Through for Now
By Jun 3, 2011
Economic Research
From Reprofiling to Vienna Initiative 2.0: The Nonsense of Purely 'Voluntary' Bail-Ins of Greece's Sovereign Bank Creditors
By Jun 3, 2011
Economic Research
Much Ado About Relatively Little: Contagion Risks From an Orderly Greek Debt Restructuring Are Modest, Contained and Manageable
By May 24, 2011
Economic Research
DSK's Arrest: Implications for the IMF Succession and PIIGS' Bailouts
By May 16, 2011
Europe Weekly
Eurozone Core Comes Up Trumps in Q1; UK, EZ Periphery Moving at Half Speed
By May 13, 2011
Economic Research
A How-To Manual for Plan B: Options for Restructuring Greek Public Debt
By May 9, 2011
Economic Research
CDS and Debt Restructuring: Does the Existence of Credit Derivatives Make Restructuring Harder?
By Apr 21, 2011
Economic Research
Greek Debt Restructuring Debate: Is the Official Sector Converging Toward 'Plan B'?
By Apr 6, 2011
Europe Weekly
Greek Debt Restructuring; Turkish Monetary Policy; German Elections; Swedish Banks
By Jan 21, 2011
Economic Research
2011 Geostrategy Note: The Roiling Pacific, Quagmiristan and EZ Targets
By Dec 29, 2010
Economic Research
Comparing Spain With Ireland and Other PIIGS: Better in Some Ways, More at Risk in Others
By Nov 25, 2010
Economic Research
An Orderly Market-Based Approach to the Restructuring of Eurozone Sovereign Debts Obviates the Need for Statutory Approaches
By Nov 15, 2010
Economic Research
Eurozone Periphery: Short-Term Sovereign Risk Amid Long-Term Restructuring Plans
By Nov 11, 2010
Economic Research
Q4 2010 Geostrategic Risk Note: Asia on the Boil, U.S.-Europe Reap Anti-Incumbent Backlash
By Oct 7, 2010
Economic Research
Europe Weekly Spotlight: Greek Loan Review; Depressed French Consumers; UK Financial Reform
By Aug 6, 2010
Economic Research
Q3 2010 Geostrategy Note: Nascent Nukes, Portly PIIGS and the Taliban
By Aug 4, 2010
Economic Research
The Greek Government’s Scylla and Charybdis: Debt Woes and Political Uncertainty
By May 26, 2010
Economic Research
Eurogroup Ready to Provide €30 Billion at around 5%, IMF €15 Billion at Lower Rates
By Apr 12, 2010
Economic Research
Greece/EZ Crisis: Slow Motion Train Wreck of Greek Bank Contagion Accelerates
By Apr 9, 2010
Economic Research
The Greece Dilemma: Sovereign Debts Imperiling the Euro and Challenging EU Ties
By Jan 19, 2010
EconoMonitors
Europe Channel
Hot News! The Wehrmacht Failed to Take Greece. Now Germany Tries Again, With a Different Method.
Jan 29, 2012
Dan Alpert's Two Cents
On Sticky Wages and What Happens when Inflation is No Longer an Alternative
Dec 13, 2011
Dan Alpert's Two Cents
On Printing Euros and the Real German Fear (hint, it's not 1923)
Nov 17, 2011
Europe Channel
The Myth of Greek Profligacy & the Faith Based Economics of the ‘Troika’
Oct 27, 2011
Europe Channel
Greek Crisis Will Require €500 Billion ($700) in 2010-2020 - And it Won't Be Enough
Oct 26, 2011
Europe Channel
Juncker: It May Not Be Enough Even if Greece Defaults With 60 Percent Haircut
Oct 11, 2011
Nouriel Roubini's Global EconoMonitor
Full Analysis: Greece Should Default and Abandon the Euro
Sep 22, 2011
Dan Alpert's Two Cents
From the Desk of Peter Tchir: "Is September 20th Greek Default Day?"
Sep 17, 2011
Europe Channel
Jurgen Stark = Credit Anstalt 2.0 (and Euromarkets Reacting Accordingly)
Sep 12, 2011
Europe Channel
Greek Bonds Collapse as ECB's Nowotny Announces Bank Will Compromise, Agree to 'Temporary' Greek Default
Jul 19, 2011
Peterson Institute for International Economics
Greece Does the Right Thing, After Another Turbulent Week in the Euro Area
Jul 1, 2011
The Wilder View
What Do You Want to Wager that the IMF's a Bit Overly Optimistic on the Outlook for Greek Nominal GDP?
Jun 27, 2011
Peterson Institute for International Economics
Euro Area Crisis Mismanagement: A Case Study in Dithering
Jun 21, 2011
Peterson Institute for International Economics
Power-Sharing in Greece Would Be Great News for All
Jun 20, 2011
Peterson Institute for International Economics
What’s Behind the Squabble Over a New Aid Package for Greece?
Jun 16, 2011
Nouriel Roubini's Global EconoMonitor
Paying Greece’s Creditors: History Teaches Us Only So Much
Jun 7, 2011
The Wilder View
What? Greece Has to Raise Capital in 2012 and Meet a 7.5% Deficit Target this Year?
May 9, 2011
The Wilder View
Greece Will Not Be 'Allowed' to Default Until Policy Shores Up the Irish Bond Market
Apr 24, 2011
Nouriel Roubini's Global EconoMonitor
A Chat with Nouriel Roubini and Daniel Speckhard, Former U.S. Ambassador to Greece, on the Future of the EZ
Jan 26, 2011
Geostrategy Channel
Cross-Border Deleveraging and the Shifts in Europe's Bargaining Game
Nov 29, 2010
Nouriel Roubini's Global EconoMonitor
An Orderly Market-Based Approach to the Restructuring of Eurozone Sovereign Debts Obviates the Need for Statutory Approaches
Nov 28, 2010
Nouriel Roubini's Global EconoMonitor
Roubini Hosts CNBC Squawk Box - Europe: Contagion 2.0
Nov 19, 2010
Nouriel Roubini's Global EconoMonitor
Roubini: Eurozone Restructurings Will Leave Bondholders Facing Losses
Nov 4, 2010
Geostrategy Channel
Spain Is the Perfect Example of a Country that Never Should Have Joined the Eurozone
May 17, 2010
Geostrategy Channel
Volcker Talks of Possible EU Breakup (Loose Lips Sink Ships Edition)
May 14, 2010
Nouriel Roubini's Global EconoMonitor
Roubini CNNMoney Interview: EU Band-Aid, Crisis Economics, Financial Regulation
May 12, 2010
Geostrategy Channel
Making Fiscal Consolidation Work In Greece, Portugal, and Spain: Some Lessons from Argentina
May 11, 2010
Geostrategy Channel
How I Stopped Holding My Breath for a Greek Restructuring and Learned to Love Illiquency Support
May 10, 2010
Geostrategy Channel
About the Euro Crisis: The Experts Are Wrong, the German People Are Right
May 10, 2010
Finance & Markets Channel
Credit Default Swaps on Government Debt: Potential Implications of the Greek Debt Crisis
May 6, 2010
Geostrategy Channel
The Escalating Greek Debt Crisis: What Has Been Happening and Where Is It Going?
May 6, 2010
Nouriel Roubini's Global EconoMonitor
Roubini Concerns About the Future of the EMU - World Economic Forum, Davos, 2006
May 5, 2010
Nouriel Roubini's Global EconoMonitor
Roubini CNBC and Bloomberg Reports on Greece Crisis, European Union
Apr 29, 2010
Europe Channel
Greek 6M-1Y Curve Inverted, Spread Difference Between 3M And 6M Almost 300 Basis Points
Apr 6, 2010
Nouriel Roubini's Global EconoMonitor
Roubini Debate with Goldman's Jim O'Neill on the FT from Villa d'Este, Italy
Mar 27, 2010
Don't Shoot the Messenger
Waiting for Something to Turn up: Europe's Looming Pensions-based Sovereign Debt Crisis
Mar 18, 2010
Europe Channel
"Greek Crisis Is Over, Region Safe," Prodi Says - I Say Liar, Liar, Pants on Fire!
Mar 17, 2010
Geostrategy Channel
German Responsible for Stability and Growth Pact Wants to Bail Greece Out
Mar 5, 2010
Nouriel Roubini's Global EconoMonitor
Roubini CNBC Squawk Box Interviews and Report on Sovereign Debt and Global Growth
Feb 13, 2010
Nouriel Roubini's Global EconoMonitor
Roubini Bloomberg Interview on Sovereign Debt and U.S. Outlook
Feb 6, 2010
Don't Shoot the Messenger
That "Staggering" Greek Deficit Continues to Stagger Onwards and Upwards
Jan 5, 2010
Daily Digest
News
Greek Bondholders Are Said Set to Get GDP-Revival Sweetener in Debt Swap
Bloomberg Feb 01, 2012
News
Statement by Evangelos Venizelos in response to media reports about a 'proposal for the appointment of a special EU Commissioner in charge of the Greek state budget execution
Greek Ministry of Finance Jan 29, 2012
News
Now for the next silly idea to solve the Eurozone crisis, the Tobin tax
Eurointelligence Jan 10, 2012
Analysis
Southern Europe and Ireland: The long road to sustainable public finance
Rabobank Dec 13, 2011
Analysis
Greece: Fifth Review Under the Stand-By Arrangement, Rephasing and Request for Waivers of Nonobservance of Performance Criteria; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Greece.
IMF Dec 13, 2011
News
Greece: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding (November 2011)
IMF Dec 13, 2011
News
IMF Executive Board Completes Fifth Review Under Stand-By Arrangement for Greece and Approves €2.2 Billion Disbursement
IMF Dec 05, 2011
News
Greece: Press release on the execution of the State Budget January – October 2011
Ministry of Finance, Hellenic Republic Nov 23, 2011
Research
First quarterly report of Commission's Task Force for Greece shows cautious optimism
European Commission Nov 17, 2011
News
Press release on the execution of the State Budget January – October 2011
Ministry of Finance Nov 11, 2011
Blogs
Europe’s Plan To End the Debt Crisis – Putting The “Con” in “Confidence” Part 1
naked capitalism Nov 01, 2011
RESEARCH AND STRATEGY FIXTURES
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