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Newsletter 38 - 07/08/2015
60 euros per day via a debit card from ATMs, without having the option of cumulative withdrawals... and handled an average of more than 100,000 online transactions per day, implying a substantial Banks... with a credit function. In addition, debit cards per capita in Greece stood at 1.08, well below the EU
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Energy crisis puts squeeze on Greek fiscal policy
Agoraaware that the cost of living and the government’s economic record remain political vulnerabilities.... The Market Pass ran from February to October 2023, offering between 22 and 100 euros per month depending..., at a total fiscal cost of 251 million euros. However, interventions in indirect taxation are something
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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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Tsipras and lenders leave themselves with fading chances of salvaging deal
PoliticsGreek Politicssuggested that the institutions had made the best effort possible. Also, Slovakian Finance Minister Peter... of programme - that's mutual priority, debt restructuring is not on the table #eurozone #IMF — Peter
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Which way now, Mr Tsipras?
Agoraof them – such as Slovakia’s Peter Kazimir - felt no compuction about openly questioning.... No majority, no ownership could dent implementation of measures & reforms #Greece #eurozone — Peter
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Are hirings in the public sector out of control?
EconomyFeaturespermanent public sector staff and 15,000 contractors, at a cost of 600 million euros. These accusations... of public bodies, take a closer look at the cost of public services under the current government, and try... contractors. Their numbers have swelled from 3,413 in 2012 to 15,601 at the end of 2017. By far the largest
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A closer look at Greece's revised proposals to lenders
EconomyProgrammerebates with estimated revenues of 140 million per annum in 2015-16. 5) Administrative dispute settlement on property taxation (revenues of 50 million per annum) Existing proposals These new measures... in two annual installments with estimated revenues of 600 million per annum for 2015 and 2016
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France and Greece upgrade defence pact as regional and political risks loom
PoliticsForeign Policyand delivering practical solutions. Renewed engagement with Libya The visit of Greek Foreign Minister Giorgos Gerapetritis on Monday to Tripoli, Libya, marked a significant step in revitalising bilateral... was another key topic during Monday’s talks. Gerapetritis noted that flows from western Libya to Greece
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Coalition ready to pass first legislation as agenda for lenders' talks grows
PoliticsGreek Politicsof electrical power supply disconnected due to personal debt and free supply of electricity up to 300Kw/h per month per household for up to 150,000 households with a total cost for the 9-month period of 2015... is strong. The proposed law involves: a) Food allowance of 100 euros per family per month for up
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Newsletter 418 - 29/03/2024
on economic performance, the latest data from Eurostat on GDP per capita in purchasing power parity (PPP... second from last, ahead of bottom-ranked Bulgaria. According to Eurostat, Greece's GDP per capita in PPP... in 2019, the needle has barely moved from the then 66 pct of the EU average for Greek GDP per capita
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