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  1. Conflict in Middle East puts fresh pressure on economy

    EconomyMacroeconomy

    and the 2.3 pct growth estimate of the Greek authorities appears to be getting out of reach.... Israel visited Greece with estimated receipts of almost 420 million euros via 3.9 million overnight

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  2. Final 2026 budget foresees stable growth and strong tax performance
    Photo by MacroPolis

    EconomyMacroeconomy

    , investments were expected to grow by 8.4 percent - an estimate that never materialised. Exports growth..., from 9.15 billion in 2025. Interest payments are estimated at 3 percent of GDP, or 7.71 billion

    4%

  3. Newsletter 506 - 29/05/2026

    Newsletters

    and a post-crisis normalization. However, this growth has come at a cost as IMF staff estimate... in the property market. An estimated 35% of Greece’s housing stock is currently not used as a primary

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  4. Greece leads way in cutting spending on healthcare, finds OECD
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    , with per capita health care spending falling by 11.1 percent and 6.6 percent, respectively, between 2009 and 2011.” As a result of the cuts, Greece’s average health spending per capita stands... on pharmaceuticals remained high in 2011 by OECD standards at $673 per capita, there was a 10 percent

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  5. Social support in Greece not adequate enough to deal with crisis, says OECD
    Photo by Harry van Versendaal

    Society

    in Greece dropped by 1/3 between 2007 and 2012, with average losses of some 4,400 euros per person... average is 65 percent). Between 2008 and 2013, unemployment swelled at a rate of 3,800 per week and 60... emerging economies with much lower per-capita income, such as China or Brazil. Emigration to other

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  6. Eurobank gears up for crucial but contentious capital increase

    EconomyBanking

    the market price. The HFSF paid 5.84 billion euros at 1.54 euros per share to fully recapitalise Eurobank... increase later this month could pay as little as 0.30 euros per share. The value of these shares..., Mackenzie and Brookfield. The offer price stands at 0.30 euros per share, which implies an 80 percent

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  7. Politics trumping economic prudence in Greece

    Agora

    performance in Q1 of 2014, namely negative growth of 1.1 per cent, the pocket calculators were... anchored in negative territory during 2014. If a projected GDP performance of 0.6 per cent in 2014... is immediately using fifty per cent of April’s bond proceedings to buy a major stake in a highly indebted

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  8. Coalition adopts court ruling that restores judges' pay, others poised to follow

    PoliticsGreek Politics

    pay scale means that Supreme Court judges will be paid 4,134 euros per month gross. At the other end of the spectrum, justices of the peace will receive 2,737 euros per month. These are basic monthly.... On top of that, the coalition has to pay them an extra 69.6 million euros per year. The amendment adopts

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  9. Sudden jump in unpaid taxes last month takes total to almost 70 bln

    EconomyMacroeconomy

    has been increasing by an average of 1.24 billion per month in 2014. In addition, the 8-month... to collect an additional 1 billion in the second half of 2014, which corresponds to 167 million per... performance as they reached 122 million per month. The second MoF target of collecting 16 percent of new tax

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  10. Greece sees travel receipts rise again in July to reach 2.74 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    to 4.22 million in July. In contrast, travel spending per trip fell 11.5 percent to 634 euros. Arrivals... to 10.49 million. In addition, the double-digit drop in travel spending per trip in July, led... receipts per country showed mixed trends with revenues from the UK surging 26.1 percent, 9 percentage

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