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  1. Newsletter 124 - 23/06/2017

    Newsletters

    by 6.1 percent to 247.1 million, from 263.2 million last year. The average expenditure per trip fell

    3%

  2. European Commission's DSA reveals serious concerns over debt sustainability, need for relief
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    a nominal GDP growth lower by 0.25 pp per year compared to the scenario A, which entails an average

    3%

  3. Car sales rebound by 28.2 pct in June
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles (going into circulation for the first time) rose by 28.2 percent in June after falling by 2.7 percent in May, Authority (ELSTAT) data showed on Monday. Car sales came to 15,945 in June, falling from the figure in May. Passenger cars rose by 30.9 per cent in June following a drop

    3%

  4. Bond issue decision expected as clock ticks down
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . The extra payments range between 35 and 150 euros per month. The bill also proposes that legal action

    3%

  5. Athens holds off on bond as Tsipras talks up labour market
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    by around 2.5 percentage points per year from now on. According to the Labour Ministry’s Ergani

    3%

  6. Parents main source of income for most young Greeks
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    , and the working hours per week were reported as 40. Of those who were unemployed, only 15 percent believed

    3%

  7. Mandatory e-payments come into force as Greece seeks to boost card use further
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyFeatures

    ownership per head in Greece stands roughly at the same level as the EU average (1.4 versus 1.5), possibly

    3%

  8. Capital controls to ease further from the beginning of September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Individuals will be able to withdraw a lump sum of up to 1,800 euros per calendar month from September 1 as part of government moves to further relax the capital controls in place since 2015. This is an expansion on the lump sum of 840 euros every two weeks which is the limit currently in place

    3%

  9. Draft budget sees stronger growth, fiscal targets being met
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to the labour force survey is projected to ease by more than 1 percentage point per annum and land

    3%

  10. Coalition banks on surplus transfers, waits for Hellenikon verdict
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    2041 or 1.4 billion per year on average over a 25-year period. The Central Archaeological Council (KAS

    3%