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Greek hourly labour costs less than half of eurozone average
EconomyFeaturesof 14.50 euros per hour for an enterprise with 10 or more employees for 2017, excluding the sectors... and a eurozone average of 30.30 euros. The lowest hourly labour cost was recorded in Bulgaria at 4.50 euros... the hourly labour cost came to 16.80 euros an hour. The sector with the highest labour cost in Greece
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PM hails uptake of food voucher scheme amid growing evidence of hardship
PoliticsGreek Politicsof government initiatives to tackle the cost-of-living crisis. The scheme covers up to 10 pct of the amount.... Payments translate into between 22 euros per month for a single-person household to 62 euros per month... that the government handouts are inadequate in the face of cost-of-living increases, and blame New Democracy
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Newsletter 385 - 16/06/2023
as, in the midst of the cost-of-living crisis, there is a wider recognition by the leading parties... in the effect of prices, Greece has third lowest per capita GDP in the EU, behind only Bulgaria and Slovakia... that it wants to raise the average wage to 1,500 euros per month, a rise of 25 pct over the next
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Wage rises become top issue but trajectory lined with obstacles
EconomyMacroeconomyof the cost-of-living crisis, there is a wider recognition by the leading parties that earnings in Greece... of prices, Greece has third lowest per capita GDP in the EU, behind only Bulgaria and Slovakia, shorter... that it wants to raise the average wage to 1,500 euros per month, a rise of 25 pct over the next four-year term
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Newsletter 389 - 14/07/2023
of the handouts that intend to cushion the blow of the cost-of-living crisis, particularly food prices... a fiscal cost of some 500 million euros annually and intends to reward low pay civil servants and those... employee getting on average between 60 and 70 euros more per month. For low paid workers
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Newsletter 431 - 12/07/2024
pct. Inflation and the cost of living remain the biggest concern for Greeks, named by 62 pct... wages suffering from the inflation wave, the cost-of-living effects are amplified... on global wealth that shows that Greece is the only country where wealth per adult in the 2008-2023
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Newsletter 456 - 21/03/2025
per year. It also plans to scrap the trade tax for companies as part of its tax-cutting plans... on the loans with favourable terms. Households, on the other hand, are still struggling with the cost... goods appear settled at the high levels they hit during the peak of the cost-of-living crisis
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Newsletter 20 - 20/03/2015
, this translates into an incremental cost of close to 1 billion on an annual basis, or 80 million per month..., the banks’ NII will be hit as of February by the increased volume and cost of emergency liquidity... 65.6 billion euros at the end of February, up from zero at the end of 2014. The interest cost of ELA
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Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead
Agorafrom last year. The improvement mostly reflects lower wholesale funding cost, stemming from..., mostly using EFSF bonds. On top of lower wholesale funding cost, some banks also recorded an improvement in the deposit cost. It is worth noting that the new time deposit rate in the Greek market
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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankingincome (NII), further increase in fee income and ongoing cost containment. Asset quality... to 388.9 million in Q3, mainly driven by lower funding cost largely stemming from reduced reliance... million, on the back of the improving asset quality trends, with the cost of risk (provisions over
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