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  1. Growth in property prices stable at 6.8 pct YoY in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    price increases of 8 percent YoY, from 9.2 percent in Q4 2024. During Q1, properties in Athens..., prices rose by 7.3 percent, and they increased by 8 percent in other areas of Greece. The annual

    4%

  2. Iran war creates turbulence for Greek tourism outlook
    Photo by MacroPolis

    EconomyFeatures

    , the nation’s largest carrier, announced a fare surcharge of approximately 7–8% in late March - a move... reporting an 8–10% decline in booking flows compared with the weeks preceding the conflict. The American

    4%

  3. Greek 2013 primary surplus confirmed at 1.5 bln euros

    Economy

    debt, 1 billion to reduce state arrears and 500 million would be given as a “social dividend... the reduction of social security contributions by 3.9 percentage points (2.9 for employers and 1 for employees), which will be effective from July 1. The MoF insisted on Wednesday that it could still meet

    4%

  4. Newsletter 170 -13/07/2018

    Newsletters

    to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos and Samos... rises by 1 pct in June Headline reading stays positive for third month of price rises The latest figure... Index (CPI) rose by 1 percent in June following an increase of 0.6 percent in May, Hellenic Statistical

    4%

  5. We can't ignore population shifts within the European Union
    Photo by EC - Audiovisual Service

    Agora

    of the Netherlands.[1] These books are forward looking and start with an analysis of the demographics of each... from the east and south to the north and west. Table 1 below presents the data per country... in table 1, grew from 344 million to 468 million people between 1950 and 2020. The UN projects

    4%

  6. Where is Odysseus? Part 5 - Productivity
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    Agora

    on the macroeconomy of Greece.[1] In blog 16, we updated Greece’s demographic projections and found... is more easily transmitted in graphs than in lengthy complex tables. Employment. Consider Figure 1, below....[2] The dotted line in Figure 1 shows the employment path that was anticipated in Odysseus’ 2018

    4%

  7. Where is Odysseus? Part 6 - Potential real GDP
    Photo by MacroPolis

    Agora

    on the macroeconomy of Greece.[1] In blog 16, we updated Greece’s demographic projections and found.... These calculations are reflected in Figure 1 below. The vertical line marks the current year 2022.... This baseline assumes that Greece still sees a recovery in labor productivity to 1 percent a year

    4%

  8. OECD sees more growth, falling unemployment in Greece

    EconomyMacroeconomy

    consumer price index is anticipated to peak to -1 percent in 2014 easing to -0.6 percent in 2015... to remain in surplus over the 3-year period at 1.2 percent of GDP in 2014, 1 percent in 2015 and 1.8... (from 26.7 percent) in 2015. An additional drop of 1 pp to 24.1 percent is projected for 2016

    4%

  9. Coalition considers options for addressing pension system sustainability
    Photo by MacroPolis

    EconomyProgramme

    pensioners currently stands at 1:1.7 compared to a target of 1:2.1 for a viable pension system. The key points of the proposed pension reform include: 1) A national pension with a growth clause equal... savings from pensions of 1 percent of GDP in 2016. Katrougalos said the aim is those savings

    4%

  10. Multi-bill tabled as Greece aims to take last step to completion of review

    EconomyProgramme

    ’s key provisions relate to the parametric fiscal measures yielding 1 percent of GDP... as of June 1 with estimated annual revenues of 437 million and a rise in the excise tax on cigarettes... of the public sector attrition rule from 1 hiring for 5 departures in 2016 to 1:4 in 2017 and to 1:3

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