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Newsletter 192 -01/02/2019
that 73 percent of the names will be new and that their average age will be 42. During Monday’s... on his decision. Greece has not had any minimum wage rise during the crisis era and as part... in the economy. The government estimates that about 600,000 workers currently on the minimum wage will see
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Newsletter 251 -22/05/2020
. Fiscal data during the first quarter show a shortfall of 1.3 billion euros compared to last year... showed during the week. In the same period last year, the deficit was 1.54 billion euros, meaning... commitments. On the macroeconomic front the Commission reiterates its recently released estimates
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Travel balance falls by 53.6 pct in March
EconomyMacroeconomydecreased by 75.7 percent and came to 60.5 million. Foreign arrivals dropped by 46.8 percent during... visitors fell by 59.2 percent to 169,300. During the first three months of the year, travel receipts fell... estimates, and this method is expected to remain in place until travel restrictions are fully
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Tourism sector struggles as it prepares for full reopening in July
PoliticsGreek Politics. Visitors to Greece have slowed to a trickle during the lockdown, with foreign arrivals down 96.2... Pappas in light of audio evidence hinting at his knowledge of corruption at the highest level during... of 800 euros in March, and many do not expect to find jobs this season. The association estimates
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PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms
PoliticsGreek Politicshad been one of the flagship investment projects identified by Mitsotakis during last year’s... the ground. For instance, Mitsotakis had pledged to oversee demolition work at Hellinikon during his first... any contributions for their employees between July and October. The local media estimates
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Higher Covid-19 numbers spark concern as tourism sees little benefit from visitor arrivals
PoliticsGreek Politicsduring the same period in 2019. The latest industry estimates refer to a maximum occupancy rate.... During the first 10 days in July, 196 cases related to travel were recorded out of 326 in total
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Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
PoliticsGreek Politicsof this is owed by individuals and two thirds by legal entities. During the previous crisis... for a formula that would avoid Greeks who built up debts during the crisis losing their assets and being left... will end up at 8 pct of GDP, although other estimates put it at around 10 pct. The GDP data from
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Tsipras looks for fresh start as Mitsotakis holds election cards
PoliticsGreek Politicsdebt, Tsipras also proposed the partial writedown of personal and corporate debt which amassed during.... It was also noticeable that during his speech on Saturday, the colour green was visible... might wait until the end of the four-year term in 2023 to go to the polls. With some estimates
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Newsletter 313 - 22/10/2021
during a TV interview that any prospect for a one-off bonus to low earners and pensioners is out.... During the summer, the government announced a minimum wage increase of 2 pct, taking the basic salary... highlighted by IOBE when the think-tank presented its latest estimates with strong recovery
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S&P holds off on new rating upgrade, ECB holds key to investment grade
Economy, closing the year with a ‘BB’ grade and positive outlook. The agency had said during its latest rating... notch during the pandemic, moving it up to ‘Ba3’ in November last year, one notch behind the other two... rating upgrade if growth surprises positively against estimates or is stronger than peers
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