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  1. Special ELSTAT report reveals dramatic changes in labour market since 1980s
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (less than 5 months) exceeded the long-term figure. Long-term to total unemployment started rising... been jobless for more than two years to the total unemployed has risen from 21.8 percent in 2009.... In 2015, more than half (51.2 percent) of the total jobless figure were unemployed for more than

    15%

  2. Fraport reveals airport plans as major privatisation overcomes obstacles
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    , while its total investment is seen close to 1 billion euros. This includes additional maintenance... million for the 40-year life of the concession bringing the total guaranteed cash consideration... in an increase of 100,000 square meters in the terminal size of the 14 airports to a combined total size

    15%

  3. Greece completes first bond issue in three years, eyes more on way out of programme
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    (ISIN: GR0114028534) for a total amount of 4.03 billion at a price of 102.6 percent of nominal... reached 4.625 percent. Total offers exceeded 6.25 billion euros from 200 investors largely related... offer was 2.08 times oversubscribed. Of the total amount of 3 billion raised from the new bond

    15%

  4. General govt primary cash surplus at 7.15 bln in Nov, arrears reduced further
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , total arrears have declined by almost 1 billion euros. This was driven by declines in SSFs and tax... for 21.6 percent of the total. Arrears Arrears to the private sector (including tax refund arrears... of November. The next largest sector was tax refunds​,​ which constitute 19.8 percent of the total (776

    15%

  5. Pensions spending stable but early retirees burden system
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    payments on a monthly basis. The latest bulletin showed that a total of 4.5 million pensions were paid in July 2018, coming to a total of 2.30 billion euros. The bulletin excludes payments through... of the total number of pensions paid, 2.8 million relate to main pensions, 1.2 million to supplementary

    15%

  6. Greek tourism building strength but needs to diversify, PWC study finds
    Photo by MacroPolis

    EconomyFeatures

    that for every 1 euro created by tourism activity, an additional 1.50 euros is indirectly generated, leading to a total of 2.50 euros in GDP. EU countries led the way for tourism arrivals in 2017... shortening. Total revenues per tourist arrivals have been dropping by 3 percent each year, implying

    15%

  7. Travel balance rises by 73.5 pct in Nov, 9.7 pct in aggregate period
    Photo by MacroPolis

    EconomyMacroeconomy

    arrivals, coming to a total of around 786,200 visitors for the month. The average expenditure per trip also... percent for the month to come to around 9,100 visitors. In total, arrivals from the EU 28 countries... million. Arrivals from outside the EU rose by a slight 0.5 percent to 8.4 million. In total, arrivals

    15%

  8. Could Greece's immigration reforms have an impact on upcoming elections?
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    of the total resident population at the time. More than half were Albanian citizens (52.7 percent... home to around twice the European average of resident foreign citizens relative to the total population... to the total population and ranks sixth among EU member-states with 3.2 citizenships granted for every 1,000

    15%

  9. Building permits increase by 4.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    months of the year, building permits rose by 1 percent. Total permits in the aggregate period stood... in May, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The total number... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed

    15%

  10. New tax debt at 3.90 bln to September, up by 695 mln month-on-month
    Photo by MacroPolis

    EconomyMacroeconomy

    categories showed a rise of 620 million month-on-month in September, bringing the total to 3.60... million due. The aggregate collectability rate came to 74.4 percent with 1 billion paid out of 1.35... data from the IAPR. Total debtors now stand at 3.87 million, down by 131,196 month-on-month

    15%