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Greece and the euro: The flight of Icarus
Agorafor decades. Between 1981 and 2001, when Greece joined the euro, per capita income in Greece had almost... on imported goods. When Greece joined the euro, it was importing about 3 billion euros of good per... are without a job and have diminishing prospects of finding one. Over the last three years, salaries have
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The Greek crisis we don’t see
![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/10/09/poverty_myrto_0910-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Agoraspent 11.6 percent of its budget on healthcare, compared to an OECD average of 14.5 percent. Per... of income. The average basic pension in Greece is just under 700 euros per month. It has been... half of 2008, has put enormous strain on Greek society. An increasing amount of Greeks are finding
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In Spain, the best generation is in danger of becoming the lost generation
Agora. “And, currently, the only alternative I have is working nine or ten hours per day as an intern, earning no more than 300 euros per month or even for free, with no hope of being hired in the short..., 11,000 Spanish youngsters returned that year due to the difficulties with the language and in finding
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Government hopes offer of tax breaks and grants will spark growth boost
EconomyMacroeconomymillion euros that create at least two jobs per one million euros invested. For these types... investments are expected to reach 383 million euros by 2023 and 133 million per annum in the succeeding... of 2.08 euros over the next 10 quarters. Based on this finding and under an optimistic assumption of 11
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During crisis, proportion of Greeks in extreme poverty has risen almost seven times to 15 pct
Societyestimated the extreme poverty threshold ranges from 182 euros per month for a one-person privately owned dwelling in a suburban or rural area to 905 euros per month for a couple with two children... in their own home without a mortgage (10.8 percent). The group most prone to finding extreme poverty
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Newsletter 82 - 15/07/2016
measured on a GDP per capita basis, the IMF argues. The report also highlights the deteriorating..., with the latest being the revelation that he pays his hairdresser almost 10,000 euros per month... a fragile coalition of his own Socialist Party, Left Bloc, Communists and Greens. Costa, too, is finding
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FDI, rather than tax cuts, holds key to stronger growth rates - study
EconomyFeaturesthat between 2013 to 2017, FDI revenues in Greece made up around 1.3 percent of GDP per year... percent higher. Without FDI inflows of around 2 billion per year, it will take Greece until 2035... and put pressure on wages and salaries. The report’s main finding was that such fiscal measures would
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What will it take to reverse the Greek 'brain drain'?
Societyremain unfilled, Greece still boasts more doctors per capita than any EU country, 6.6 per 1,000... to be filled by over-35s. Educational qualifications have not necessarily made finding employment easier
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A closer look at Greece's Q3 2023 national accounts
Agoraoutput per worker (all employment categories included), or how efficient each worker is over time...? In 2023 (Q1-Q3) the average real output per worker in Greece was €46,000 (ref 2015). For the Euro(20... for now—this moves productivity growth rates down. It is consistent with the finding that the labor
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Newsletter 431 - 12/07/2024
on global wealth that shows that Greece is the only country where wealth per adult in the 2008-2023 has dropped, despite the rising global trend. In Greece wealth per adult has dropped by 11 pct... Parliament elections, New Democracy is finding it hard to shake off the downbeat feeling among voters, while
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