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  1. Athens seeks talks with Erdogan as Turkey steps up diplomatic activity in region
    Image: https://www.primeminister.gr/

    PoliticsForeign Policy

    the government of Eastern Libya to ratify the Turkey-Libya Memorandum of Understanding... the Eastern Libya authorities to ratify the memorandum Ankara agreed in 2019 with the government in Tripoli... (MIT) Ibrahim Kalin, the same reports claim. However, the political situation in Libya is currently

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  2. Greece leads way in cutting spending on healthcare, finds OECD
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    , with per capita health care spending falling by 11.1 percent and 6.6 percent, respectively, between 2009 and 2011.” As a result of the cuts, Greece’s average health spending per capita stands... on pharmaceuticals remained high in 2011 by OECD standards at $673 per capita, there was a 10 percent

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  3. Mitsotakis aims to prove credentials by tackling party's finances
    Photo via @kmitsotakis

    PoliticsGreek Politics

    are just over 8 million euros, while it earns around 4 million per year. This has caused New Democracy... the next three years the party’s spending by 70 percent to 2.5 million euros per year. The first step in the cost-cutting exercise was taking the decision to move the party from its large headquarters

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  4. In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    expenses) by 8 percent per annum from mid-2016 until the end of 2019 and a cost of risk (provisions over... per annum and an average cost of risk (CoR) of 1.3 percent. Under this scenario, CET1 ratio is seen... by 5.5 percent per annum and a CoR of 1.6 percent in 2016, 1.2 percent in 2017 and 0.9 percent

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  5. Newsletter 192 -01/02/2019

    Newsletters

    on Monday that the minimum wage will increase by 11 percent to 650 euros per month, while the sub... time in a decade to 650 euros per month, from 586 euros currently, effective from February 1... in the labour market in an attempt by the country’s creditors to give labour cost competitiveness

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  6. PM offers shopping bill subsidy as surveillance scandal threatens to spill over into judicial crisis
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Kyriakos Mitsotakis presented a last-minute cost-of-living relief measure ahead of the vote on the 2023... certain income and wealth criteria. The monthly stipend will stretch from 22 euros per month for a single-person household, to 42 euros per month for a couple with two children, according to reports

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  7. Government pledges more reforms, but economy set to prove deciding factor in 2025
    Image: MacroPolis

    PoliticsGreek Politics

    the cost of living remains high. This is a key political, as well as economic, objective because ND... euros per year. The government is also said to be considering lower rates for incomes up to 30,000..., will be negligible as a worker on the minimum wage of 830 euros will see an extra 3.24 euros per month

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  8. Coalition poised to unveil pension reform proposals, hoping to avoid cuts
    Photo by MacroPolis

    EconomyProgramme

    system. The third memorandum of understanding (MoU) calls for pension cost savings of 1 percent... fund (OGA) (102 million), reduction in the number of EKAS beneficiaries (223 million) and cost..., a total of 2.66 million pensioners in Greece receive 2.38 billion per month. A total of 2.91 million

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  9. Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
    Photo by MacroPolis

    EconomyProgramme

    of a new tax of 0.05 euros per column in OPAP games as of the beginning of 2016, with estimated revenues... (110 million). 4) Cost savings of 400 million from cutting military expenditure and other Defence... per month and the new pension plan indicates it would be lowered to 3,088 euros for multiple

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  10. Newsletter 79 - 24/06/2016

    Newsletters

    , which are currently paced with the BoG for ELA funding at a cost that is 150 basis points above... in foreign arrivals by 3.5 percent coupled with a decrease in the average spend per trip by 4.5... a modest rebound in the average expenditure per trip by 1.6 percent. The industrial turnover index fell

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