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Despite lower spend per trip, record arrivals push travel balance to 18.77 bln in 11M
EconomyMacroeconomyper trip was up by almost 21 percent to 438.2 euros from 362.4 euros in 2023. For the eleven months... of 3.9 percent. The average expenditure per trip dropped by 5.4 percent to 575.1 euros for the period
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BoG sees 2.3 pct growth this year, urges reforms to restore per capita GDP to pre-crisis levels
EconomyMacroeconomythat the final challenge is the low per capita GDP in Greece, which currently stands at 55 pct of the euro
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Eurobank submits final Cairo portfolio to Hercules while BoG mulls bad bank creation
EconomyBankingcalculations, the loss of capital per one unit of NPE reduction is lower via the bad bank than via... and SBLs totalling 900 million euros, code named Project Icon. In other sales, a Romanian portfolio
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China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agorato Serbia was 3.1 per cent in 2015 and rose to 9.2 per cent in 2016. This increase is primarily..., China’s Export-Import Bank agreed to fund 85 per cent of the bilateral project. However... plant (TPP) with China's Exim Bank. EPBBiH would finance 15 per cent of the project. A loan from China's
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China's footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agora’s “Belt and Road Initiative” (BRI) was officially launched in 2013. It is a Eurasian grand strategy... and Slovakia represented 95 per cent of total Chinese FDI within the 16+1 framework in 2016. Greece... 2016, COSCO acquired 51 per cent of PPA for the price of Euro 280.5 million. The Chinese investment
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Are hirings in the public sector out of control?
EconomyFeatures, at least in part, piecemeal responses to crisis situations rather than a grand strategy to grow.... Announcing the new hiring plans, Interior Minister Panos Skourletis argued that the hirings would
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Structural considerations for a prosperous Greece
Agorais a fundamental driver of the size of country economies. It is not a fundamental driver of income per... is. Luxembourg is a tiny economy with 450,000 people, but its per-capita income is the highest in the world... that will grow very slowly on average or even stagnate. This means that per-capita income will still go up
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Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
PoliticsGreek Politicsand in his party’s candidate lists. He ruled out, however, the possibility of forming a grand alliance... increase in the tax-free threshold per child for each household. Regarding the ENFIA levy, Mitsotakis... funds, which includes the majority of debtors, would be allowed to pay as little as 20 euros per
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Newsletter 16 - 20/02/2015
. The latter corresponds to an average of 1.15 billion per month. The second key finding is that the Of the 76... the new settlement, while the minimum instalment would be reduced from 50 to 20 euros per month... in his cabinet, Prime Minister Alexis Tsipras chose former New Democracy Interior Minister Prokopis
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Tsipras unveils growth plan but little in way of new ideas
PoliticsGreek Politicsthe subsidized investments are seen at 383 million euros by 2023 and 133 million per annum... subsidies seems very similar to the formula followed by previous governments. The talk of grand schemes
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