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Growth in accommodation and food services turnover slows to 6 pct in Q1
EconomyMacroeconomythe average spending per trip fell by 22.2 percent to 300 euros. The breakdown of inbound tourist activity... by a decrease in travel spending per trip by 9.4 percent to 592 euros. The latest figures... in February 24, SETE were saw international arrivals at 25 million, up by 1 million compared to 2014
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Greek stocks up by 1.3 pct this week on banks’ 12.4 pct rebound
EconomyThe Greek stock market saw only marginal movement this week except on Thursday when it rebounded... share trades ex-capital return of 0.10 euros per share on October 19. The capital return implies... in 2016 and above 800 million per annum in 2017-2020.
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Newsletter 95 - 11/11/2016
per household was enough, and one job per earner. Strong labour unions ensured adequate pay... of the era that saw this transformation, was not the candidate to reconnect with those who felt left
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Greece’s downstream oil industry adapts to shifting demands
EconomyFeaturesis that though average refinery capacity in Greece is lower compared to the European average (131,000 barrels per day versus 144,000 barrels per day), the average Greek refinery’s Nelson complexity factor sits..., and forecasts which don’t see an immediate return to the days of the high prices we once saw, it becomes
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Travel balance down by 29 pct in April as receipts slump
EconomyMacroeconomyto roughly 1.1 million. The average expenditure per trip also fell by 7.3 percent to 418.30 euros... foreign arrivals (+11.1 percent). Average aggregate expenditure per trip declined by 3.1 percent to 348.90... percent. US visitors saw an increase of 3.6 percent. Overall, arrivals from the EU 28 countries rose
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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammethe previous DSA parameter that saw real long-term growth at 1.25 percent and nominal at 3.25... percentage points per year to level off at 2.2 percent by 2025. Market access assumptions were also revised... that Greece will use some of its cash reserves that were built up per the Eurogroup agreement to service its
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PM moves quickly on policy pledges in bid highlight benefits of MoU exit
PoliticsGreek Politicswage has been at 586 euros per month for those over 25 and 511 euros for those who are younger... on Thursday that the increase will be 20 euros per month but this remains to be seen. For under 25s..., compared to 22.9 percent who saw it the other way around. However, 31 percent said they feel
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Strong receipts push travel balance up by 15.9 pct in July
EconomyMacroeconomy, coming to a total of 5.5 million visitors for the month. The average expenditure per trip increased... balance rising by 17.8 percent YoY. Average aggregate expenditure per trip rose by 2.7 percent.... Arrivals from Russia fell by 11.5 percent, and US visitors saw an increase of 34.8 percent. Overall
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Appeals over past pension cuts sow confusion about potential fiscal impact of backpay
Economyof cuts to pensions. The first saw main pensions above 1,300 euros per month cut by 12 percent... euros annually per pensioner - 400 euros at Christmas and 200 euros at Easter and summer respectively
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Travel balance rises by 0.8 pct in September and 9.1 pct in 9M
EconomyMacroeconomyper trip dropped by 4.3 percent to 487.60 euros. Travel receipts from the 28 European Union (EU 28... per trip fell by 0.9 percent to 533.60 euros in the aggregate period, versus 538.20 euros..., and US visitors saw an increase of 19 percent. Overall, arrivals from the EU 28 countries rose
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