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  1. Greek household expenditure falls by another 2.5 pct in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    to 1,392.03 euros, down by 2 percent or 28.97 euros compared to 2015’s figure. The average expenditure per month per person came to 538.94 euros in 2016, down by 2 percent or 11.24 euros compared to 2015... per month than the average for the country, while for households with three children or more up to 16

    18%
  2. Capital controls to be loosened further, restrictions on foreign cash removed
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros to 20,000 euros per customer per day. Relevant supporting documents and declarations... was changed from a lump sum of 840 euros every two weeks to 1,800 euros per calendar month

    18%
  3. ECB survey shows enduring preference for cash payments in Greece
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    surveyed at 75 percent. The survey found that in 2016, euro area consumers made 1.6 payments per day on average, equalling nearly 11 payments per week. Of these, the average in the euro area was 1.2 payments in cash and 0.3 by card. Greek consumers carried out around 1.6 transactions per day in cash

    18%
  4. Grand projects and even loftier ambitions drive Greece's energy project bonanza
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    an overall import capacity of 11.3 billion cubic metres per annum (bcm/y) through three entry points... in 2020, it will have an initial capacity to deliver 10 bcm of Caspian gas per year... metres per year. The project passed a technical feasibility study in 2016, and was ratified

    18%
  5. Lenders set ambitious e-auction targets for Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    online auctions per month, reaching 2,000 auctions per month in the last quarter of 2018. Between 2019 and 2021, auctions should further rise to 40,000 auctions per year. An encouraging early sign

    18%
  6. Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
    Photo by MacroPolis

    EconomyMacroeconomy

    expenditure per trip also rose by 10.7 percent, or 56 euros per trip. Receipts from residents... euros in average expenditure per trip. In the five-month period, revenues from EU28 rose by 35

    18%
  7. Newsletter 172 -27/07/2018

    Newsletters

    of 2.45 million visitors for the month. The average expenditure per trip also rose by 10.7 percent, or 56 euros per trip. Receipts from residents in the EU28 increased in May by close to 54 percent... in the period was up by 5.4 percent, or 24 euros in average expenditure per trip. In the five-month

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  8. Travel balance increases by 16 pct in June and 19.5 pct in first half of year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The average expenditure per trip dipped by 4.7 percent to come to 553.4 euros per trip compared... expenditure per trip edged up by 0.6 percent to 498 euros compared to 495 euros for the same period

    18%
  9. IMF raises growth forecast for 2019, lowers sharply medium-term expectations
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    where countries’ per capita GDP declined more than 20 percent, peak to trough. The sample includes... peak in 2007, Greece’s per capita GDP was 30,055 US dollars but by 2013, it had dropped by 26 percent... in the sample, nearly half of them (45 percent) had per capita GDP that was still below the pre-decline

    18%
  10. Greek tourism building strength but needs to diversify, PWC study finds
    Photo by MacroPolis

    EconomyFeatures

    shortening. Total revenues per tourist arrivals have been dropping by 3 percent each year, implying... by 12 percentage points in 2012. Five star hotels show a disproportionately higher investment per bed.... The average asking price per bed is 2.3 times higher than the sample average input value. According

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