Search
-
Turnover in tourism drops by 57.6 pct in Q4
EconomyMacroeconomy) in the fourth quarter (Q4), a third straight quarter when it dropped by more than half, Hellenic... decreased by 51.6 percent on the back of lower than expected demand. According to the Bank of Greece, Greece’s travel balance came to 778,000 euros in December from 28.6 million a year ago. This is equal
9% -
On monetary policy and inflation targeting
Agora). As a result, economic activity may slow down and unemployment may go up, until the balance... the balance between the inflation target and the realized inflation rate will be restored... inflation will be tolerated (higher) than average (for a while) to make the price level converge
9% -
Tension builds in SYRIZA leadership race as govt moves ahead with wage maturities
PoliticsGreek Politics, middle and end.” Tsakalotos gained a handful more votes than Pappas on Sunday as 13,156 (8.9 pct) SYRIZA... of Tsakalotos’s supporters transferred to her, it still might not be enough to tip the balance in her favour... 148,821 votes were cast. Given that the final result may still be in the balance, the tension
9% -
Tough choices ahead for Mitsotakis, as reforms risk irking voters
PoliticsGreek Politics. Back in Athens, his administration must balance a delicate equation, having lined up several measures... to offer workers the flexibility to pursue a work-life balance. The new regime has sparked criticism... attempts to defend the measure by describing it as “5+1 days” rather than six has been widely ridiculed
9% -
Labour reforms controversy threatens to eclipse autumn support package
PoliticsGreek Politicsof a work-life balance. They argue that the essence of the proposals contrasts starkly... to 13 hours a day for more than one employer. Critics who argued at the time that this provision... for workers’ work-life balance. The statement notes that the average salary in Greece is 52 pct
9% -
Newsletter 482 - 31/10/2025
and 2022; more than 10 of those detained have been formally arrested and remanded in custody. Prime... months of the year tax receipts ran more than €2 billion above target. Yet that macro success sits... reshaped by tourism: short‑term rentals now offer more than one million beds, outstripping the nearly
9% -
New businesses lowest in Greece versus EU with funding obstacles burdening enterprises
EconomyFeaturesadditional companies registered in 2019 than delisted. This equals an increase of 85.8 percent year-on-year in the balance for 2019 versus 2018. The positive balance for companies listing in 2019 is higher than the combined positive balances of 2018 and 2017. The data shows that by far the most popular
9% -
Newsletter 120 - 26/05/2017
as the biggest problem. The Greek figure is three times higher than the euro area average of 9... to that in exports, while the expansion of the services’ balance resulted from an improvement in all subaccounts... than the target. In addition, gross revenues (revenues before tax refunds) beat the target by 534
9% -
Greek C/A deficit to July narrowed to just 156 mln with boost from tourism
EconomyMacroeconomyThe July current account (C/A) balance showed a surplus of 2.73 billion euros from 510 million... billion with a significant positive contribution to the C/A balance this year, a trend expected to be maintained in the coming months, particularly in August. Following the better-than-expected outcome
9% -
Greek trade deficit narrowed 11 pct in 2013 but exports marginally negative
EconomyMacroeconomyto exports decreasing at a higher rate than imports. The high single-digit drop in December reflects... drivers for the substantial improvement of Greece’s Current Account (C/A) balance in 2013. The latest BoG figures show the C/A balance turned positive in 2013 (for the first time since 1948) posting a C
9%