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Summer season looks under threat as revenues fail to materialise
EconomyMacroeconomyand regional airports is down by more than 70 percent compared to last year. The seats offered... in July, 196 cases related to travel were recorded out of 326 in total. This was more than 60 percent... by air and proceeding overland the rest of the way. As a result, not only are traveller numbers subdued
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Surprise handout announcement provokes storm of criticism from opposition
PoliticsGreek Politicsin their disposable income over the past two years than most of their fellow Europeans. The scope of the new.... The latest, carried out by Alco for Open TV, found that fewer than 1 in 5 respondents saw... that vaccinations are still not proceeding at the desired rate, and that while there is high demand for booster
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Newsletter 459 - 11/04/2025
connecting the US with India, as a counter to China’s Belt and Road project. As he put it, “Greece... claimed often put him at odds with his EU partners, and his economic philosophy focussed on “cutting taxes... with them,” he said. “We have very strong ties with the Middle Eastern countries, we have strong ties
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Newsletter 392 - 08/09/2023
arrived while the wildfire in Evros, which had been burning for more than two weeks, was still... to put in place adequate prevention and protection against extreme events. Androulakis said... for growth target but headwinds gatheringThe Greek authorities welcomed a strong GDP reading this week
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Where are the Conservatives?
Agorapolitical movements by a single word, as though we can put a sticker on the forehead of their supporters... than one based on an ideological projection of being perceived as left, center-left, center-right, or right. That facts and numbers are more important and relevant than marketing campaigns and political
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Tsipras denies Grexit plan, has work to do to keep Greece in euro
PoliticsGreek Politicsfor an agreement, which is set to include more fiscal measures than previous offers, but it is still not certain..., which resulted in a strong “No” vote that many European officials had said would be synonymous... attempted to put a positive spin on any potential agreement that could be reached in the next few days
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Current account deficit more than halves to 708 mln in March
EconomyMacroeconomyGreece's current account (C/A) deficit more than halved to 708.1 million euros in March from 1.48...’ deficit by 438 million and an increase in the secondary income surplus by 99 million. This more than... and a rise in the primary and secondary income balances by 487 and 170 million respectively more than
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Primary cash surplus more than doubles to 2.8 bln in first half of 2016
EconomyMacroeconomy. The monthly balance figure also remained positive at 101 million euros in June but more than halved... deficit stood at 318 million more than doubled from last year’s figure of 147 million. The improvement.... It should be noted though that the accounting method of MoF is different than the one applied
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Employment balance records 33,620 more hirings than departures in June
EconomyMacroeconomyThe employment balance remained in positive territory in June with 33,620 more hirings than... was recorded for those aged 30-44, where 6,259 more departures than hirings took place. Broken down..., the employment balance showed 298,171 more hirings than departures. Ergani noted that the balance
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EFKA fund data shows 30 pct in part-time jobs earning less than 400 euros on average
EconomyMacroeconomy, around 50 percent of insured employees earn less than 818.07 euros gross per month. The report showed that the average monthly salary of women is 19.5 percent lower than the average monthly salary... is equal to women getting paid 36.7 percent less than men. Compared to December 2017, the data showed
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