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Newsletter 125 -30/06/2017
warned the minister that he could face up to 20 years in jail if it is proved that he colluded... that the conservatives are not willing to let the matter drop and sense that the suspicions surrounding Kammenos... be financed through the programme. A cash buffer of 9 billion must also be built up by August 2018
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Newsletter 144 -15/12/2017
properties worth up to 280,000 euros out of banks’ hands if their owners’ debts are less than 200,000..., picking up pace from September’s rise of 706 million, according to figures from the Independent Authority... was driven by a drop in Emergency Liquidity Assistance (ELA) funding by 2.90 billion euros to 19.85 billion
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Newsletter 146 -12/01/2018
of casinos, incentives for businesses to start up in the centre of Athens and the creation... by first-level unions. At least half of paid-up members will have to take part in a vote on strike... to be at the head of the line in terms of the firm’s creditors, and to be able to claim up to 6 months
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Newsletter 159 -27/04/2018
insistent that the so-called French mechanism for providing top-up relief if Greece misses its... the European Stability Mechanism or the Eurogroup allowing the top-up relief to kick in. The Handelbslatt... figure for 2016 when revenues exceeded 50 percent of GDP, at 87.37 billion euros. The drop
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Travel balance records 127 mln surplus in Q1, much improved on last year
EconomyMacroeconomyof 5.9 percent (24 million euros) in travel payments. Foreign visitors were up by 12.4 percent year... for 25.3 percent of all travel receipts and generated just under 140 million euros in revenue, up by 3.2... by 12 percent to 1.1 million. Within this, euro-area visitors were up by 15.8 percent to 524,300
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What Greece imports and why
EconomyFeaturesto be analysed, it became clear that Greece was importing too much. This trend was glaring in the build up to the crisis, when imports drastically outstrip exports. Propped up on the wings of what turned out to be an economic bubble, Greece amped up its imports while neglecting to increase export activity. What
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GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomyprices rose by 1.2 percent QoQ in Q3, picking up from a rise of 0.5 percent in Q2. The growth YoY... percent YoY. Final consumption represents the majority of GDP, making up 86.8 percent of the total figure..., or an increase of 2.8 percent YoY. Travel receipts edged up by a slight 0.3 percent and stood at 2.44 billion
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Newsletter 186 -07/12/2018
as the speeding up of the licensing procedure to within 45 days. The ministry states that, “strategic... continued to fall. There were 10,154 fewer unemployed people in September versus August, a drop... in Q3, picking up from a rise of 0.5 percent in Q2. The growth YoY comes to 2.7 percent. The third
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeaturesportion of them will have ended up lower down the scale due to lower incomes rather than exiting... by the “middle income” group made up 12-14 percent of the tax payable during the same period. In both cases... in 2014-2017. Increases were generally less pronounced in relative terms the higher one goes up
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Newsletter 221 -27/09/2019
that numbers add up Discussions between the government and Greece’s lenders regarding the fourth review... wrapped up their fourth review this week with common ground in some areas but gaps still remaining... the December 4 Eurogroup. side would like to boost up to 3 percent, thanks to their bullish take
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