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Athens looks for improving mood rather than tangible outcome from Erdogan visit
PoliticsForeign PolicyAthens sees the High-Level Cooperation Council between Greece and Turkey, due to take place this Thursday, as yet another opportunity for both sides to retain the positive mood in bilateral relations, which has existed for roughly the last 10 months. Ho...
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Wages index rises by 8 pct YoY in Q2, taking growth to more than 2 years
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q2, rising by 8 percent year-on-year (YoY), from 7.4 percent growth in the first quarter of 2024, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The wa...
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Greece and the euro: The flight of Icarus
Agora. When one considers that Greece accounts for less than 4 percent of the eurozone’s total debt or GDP... retirement age was the same as in Germany, where most pensioners earn less than 800 euros (or 1,000 dollars) a month, where civil servants make up less than 20 percent of the workforce and where public
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Adult skills in Greece lacking, indicates OECD survey
Societyand problem solving is considerably smaller than the OECD average, an adult skills audit... are closer to the OECD average for that age group (4.4 and 4.8 percent, respectively) than 16-24 year... and their OECD peers is greater than that of older Greeks with the average in that age group. Around 4.6
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The "King of the North" seeking to heal a fractured kingdom
Agorarose by more than 25% between 2021 and 2023, while the energy price shock pushed household bills... be a devastating blow. It would serve as a symbolic confirmation that Labour’s problems run deeper than... Farage. More than that, though, it feels like a rare chance for the UK to start to heal
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Our most popular stories in 2014
Agora, the government is estimated to have collected more than 2.5 billion euros from Greek taxpayers... a number of households are living in their shops. On home ownership, the study displayed that more than..., whilst the respective rate for inhabited houses larger than 100 sqm posted an annual drop of 3.6
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Newsletter 16 - 20/02/2015
euros at the end of January. In particular, 46.6 billion – or more than 60 percent of tax arrears... owe less than 5,000 euros, stand at just 3 percent (2.3 billion) of the outstanding amount of 76... debt related to 326,000 individuals and 75,000 corporates owing more than 5,000 each makes up 97
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Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
EconomyMacroeconomyexpenditure coming in 866 million lower than target coupled with gross revenue (revenues before tax... profits, which was 334 million higher than target. The more detailed revenue figures showed direct... million better than target. The latter mostly reflects higher than expected revenues from direct tax
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Budget primary surplus falls to 1.1 bln in Q1, slightly above target
EconomyMacroeconomy), which was 42.7 percent lower than the figure of 1.86 billion a year ago, the Finance Ministry (MoF... lower than the target and the Public Investment Budget (PIB) surplus was 149 million better than... of 1.12 billion in February as gross revenues slowed down by more than 1.1 billion month on month (MoM
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Newsletter 60 - 29/01/2016
compared to the fiscal target for a deficit of 0.25 percent. Although this is more of a preliminary than... to more than 1.1 billion euros in absolute terms, could provide a cushion in the upcoming... than the institutions had forecasted a few months ago. A similar estimate for overall stable GDP
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