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Crumbling Greek pension system threatens big fiscal gap, budget derailment
Economyand supplementary pension cost that was 326 higher million due to the non-implementation of the zero deficit...) for May, IKA grants a total of 1.22 million pensions with a monthly cost of 865 million euros... in an incremental annual cost of 677 million euros if these pensions were to be settled and paid
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Greek Pharmaceuticals: The little pill with big potential
EconomyFeaturesto open up both its pharmacy market and its market share of generic pharmaceuticals as a cost... of the few industries in Greece which expanded its companies and workforce during the crisis rather... to the previous year. Taken in the context of the beating some other industries have taken during recent
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OECD outlines five priorities for Greek reform agenda in 2017
Economyto significantly alleviate the high cost and long time periods involved in exports. Another area... industries, public administration and the tax and education systems, where it outlined the actions... easing of regulations in network industries such as energy and transport, where regulatory barriers
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Mitsotakis distances himself from Israel’s Lebanon offensive as industry warns of energy crunch
PoliticsGreek Politicsfor taking several months to deliver promised measures to reduce the cost of energy for the sector... Industries (SEV) and the association of energy intensive users (EBIKEN), which have each presented... crisis, are a step behind what is actually needed, particularly for energy-intensive industries
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ECB holds off on reinstating Greek waiver, waits for completion of prior actions
Economyfunding cost stands 150 basis points above that of ECB funding, meaning that Greek banks could benefit... of waiver. Speaking at the Confederation of Northern Greece Industries on May 13, Bank of Greece
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Detailed SME study shows crisis impact and business evolution
EconomyFeaturesfor entrepreneurs obliged to close their business, and then on measures to reduce the cost... and 805 in 2000. ELSTAT’s data also reflects the concentration of industries in which SMEs are most
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Rise of exports slowed in 2019, with goods suffering dip
EconomyFeatures. Despite cost competitiveness, Greek exports have not yet returned to pre-crisis levels. The product... production base with the aim of strengthening industries with higher technology content,” they note, adding
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Extensive Covid-19 impact and slow recovery seen by most business sectors, research shows
EconomyMacroeconomythat securing liquidity came first, followed by cost containment (56 percent). This has led over..." showed that 17 out of 22 industries expect significant revenue declines this year, easily reaching
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Govt intent on making some relief measures permanent
PoliticsGreek Politicswith a bigger reduction. These measures have a fiscal cost of 2 billion euros, which will lead... industries like tourism and culture. Keeping corporate tax at 22 pct and the reduced tax advance to 80
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Newsletter 303 - 02/07/2021
, maybe even with a bigger reduction. These measures have a fiscal cost of 2 billion euros, which... competitive Greek industries like tourism and culture. Keeping corporate tax at 22 pct and the reduced tax
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