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Capital controls to be abolished ahead of schedule
EconomyBankingfor the first time. The initial withdrawal limit of 60 euros per day was increased to a rolling bi-weekly... to 1,800 euros per calendar month. The threshold for the withdrawal of sums transferred to Greece from... euros to 20,000 euros per customer per day and further restrictions on opening bank accounts were
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Economic diversification vital to Greece's post-coronavirus future
Agoraeconomic austerity endured, Greece has put the USA, France and the UK to shame on both a per capita... of the economy that Bank of Greece Governor, Yannis Stournaras, fears could be much as 8 per cent in 2020... 13 per cent and 32 per cent this, according the World Trade Organisation, the immediate economic
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OECD report highlights stark contrasts in health system
Societyreporting poor or very poor health - avoidable mortality worsened, climbing to 213 deaths per 100,000.... Air pollution also remains a concern. Exposure to PM2.5 particles stood at 14.2 micrograms per cubic... is relatively low at 6.6 litres per capita, and obesity rates are among the lowest in the OECD, with just
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Greek tourism's long-term growth prospects are good, report shows
EconomyMacroeconomypercent rise per annum in 2016-26, reaching 19.5 billion euros in 2026, which corresponds to 9.3... and then increase by 3.9 percent per annum in the succeeding ten years. At the end of this period, the figure... euros, which implies a growth of 4.4 percent per annum in the next ten years. The breakdown of 2015
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Greek health care spending in the spotlight
EconomyFeatures) in 2009, an increase of over 53 percent. Spending on pharmaceuticals per person shot up... on pharmaceuticals, or 550 euros per person. Both the absolute spending levels and the rate of increase were out... for pharmaceutical spending per person in 2009 at 550 euros per person, it is now closer to the bottom at 352 euros
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Capital controls eased, allowing larger withdrawals and doubling limit on business transfers abroad
EconomyMacroeconomyaccounts. This will increase from 2,300 to 5,000 euros. This is applicable per calendar month, per depositor and per credit institution. The amounts that can be transferred in cash per trip abroad also... to 4,000 euros per customer every two months, effective from July 1st. Most importantly, business
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Greece moves closer to lifting all capital controls as limits on cash withdrawals removed
EconomyMacroeconomyor foreign notes per person and per overseas trip. The measures are being extended to business.... The amount is applicable daily per transfer per client. The transfer overseas of up to 100 percent... euros. This applied per calendar month, per depositor and per credit institution. The government
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Plans for Hellinikon development set out, emphasis on real estate revenues
EconomyFeaturesto 4,000 euros per square metre. The current guide price for properties in the area is 8,000 euros per..., will cover roughly 72,000 square metres. The minimum monthly rent of commercial stores will be 37 euros per square metre, setting the average daily cost per visitor at 25 euros. A boutique mall will also
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Tourist arrivals in Greece up 18.7 pct in 2013 but lower average spending points to missed potential
Economyspent less on average last year than in 2012. The average spending per trip eased by 1.9 percent... of foreign arrivals per country indicates that Germany ranked first in 2013 with 2.27 million tourists up... of 1.7 percent per annum over the next ten years. Another area of focus is business travel spending
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Our most popular stories in 2014
Agorapercent. In terms of the number of rooms per person, Greece has the lowest ranking at 1.2, followed... of households per income during 2008-2012 showed the dramatic burden on household disposable income from..., with 44.8 immigrants per 1,000 inhabitants. This is explained by the fact that over the same period
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