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Travel surplus of 1.27 bln in Oct as receipts reach 58 pct of 2019 levels in 10 months
EconomyMacroeconomyis encouraging because aside from more than doubling from the roughly 490 million euros figure last year, it is even higher than the 1.2 billion euros recorded in October 2019. Receipts came to 1.44 billion..., to 656.2 euros, and significantly higher than the 498.3 euros average of 2019. Travel receipts from the 27
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Newsletter 323 - 14/01/2022
is more of a political threat to New Democracy than Covid, as things stand. Last weekend’s newspapers... couple of weeks, with more than 5,000 patients currently being treated. Two thirds of beds in Covid... this year, but this was expected to come later than May. This week, SYRIZA had called for the second
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Fitch improves outlook to positive, sees investment grade hinging on fiscal performance and banks
Economy, although there was some market anticipation that better-than-expected macro data could have led... is significantly higher than the 4.3 pct estimate in July last year when it published its previous review... discipline and the better-than-expected growth will push down debt-to-GDP ratios significantly lower
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Newsletter 324 - 21/01/2022
for KINAL is more than just a temporary bounce after Androulakis took the helm. It should be noted... Committee, should be elected directly by the membership rather than by delegates at the party conference... than four times higher than the 2.15 billion euros of the eleven months in 2019. Labour market
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Mitsotakis tries to dig way out of snowstorm fallout
PoliticsGreek Politicspower for more than 24 hours in some cases. However, this has also raised questions about the state... several hours earlier than expected. Economou also blamed poor coordination for the problems... no more than a public relations exercise. Damage limitation In a damage limitation exercise, Mitsotakis
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Newsletter 325 - 28/01/2022
forecasts that predicted the storm arriving later on Monday, rather than in the morning, were... been the target of regular attacks, with critics claiming that it is little more than a communications... no grounds to claim greater managerial capability than its opponents. The latest developments also
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Mitsotakis unveils property tax reduction, searches for pre-election narrative
PoliticsGreek Politicsthan last year. It should be noted that in this year’s budget projects revenues being 70 million euros lower than in 2021. This projection means a total reduction that is 280 million euros bigger than... believe could be held this year rather than at the end of the government’s four-year term in 2023
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Employment data for 2021 shows 88.3 pct of firms have up to 10 staff, 1 in 5 workers earns below 500 euros
Economyemploying up to 50 staff. The total of Greek firms employing less than 50 employees stands at more than... employees that are working for companies with more than 250 staff. The largest portion of companies... pct of workers being paid less than 500 euros gross, reduced from 2020 by roughly 3.7 pct, though
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Removal of restrictions boosts travel receipts in Mar
EconomyMacroeconomywas significantly higher than the 8.3 million euros registered in March 2021, it is also higher than the 32.5... came to 196.7 million euros for the month, more than four times higher year-on-year, from 39 million... trip increased by 17.4 percent, to 463, however, higher than the 394.5 euros average of March 2021
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Newsletter 343 - 24/06/2022
placed than last summer to cope with high demand, thanks to the operation of a new thermal power plant..., which exceeds 16 percent of GDP, while it spends less than half on non-pension social protection... in people’s pockets or favouring the business world that is mostly closer to the ruling party than
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