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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesreport on pension adequacy measured pension expenditure as a share of per capita GDP. By this measure... of per capita GDP, compared to the EU average of around 65 percent. However, by absolute measures... system is funded by a combination of employee and employer contributions, and state funding. The onset
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BoG data shows drop in card usage in first half of 2019
EconomyFeaturespercent. The average number of transactions per card also showed a reduction, coming to 25 transactions... transactions came to an average of 26 transactions per card versus 32 in the previous period, while credit... value of transactions per card dropped by 19 percent compared to the final six months of 2018
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Rising clinical depression hints at hidden side of Greek crisis
Societyper person fell 6.7 percent in 2010 after rising an average of 5.7 percent per year between 2000... deep economic crisis. The study’s findings appear to show a strong link between the rise
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Unpopular but effective property tax returns for another year
EconomyMacroeconomy(31.8 percent of total ENFIA). For those taxpayers, the ENFIA burden per taxpayer exceeds 2,500 euros... of 302 million and tax due of 3.65 billion, implying an average tax burden of around 1,600 euros per... findings on Greeks’ real estate wealth and tax payment. A total of 7.46 million taxpayers (including
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Greek demographic ratios among the worst in Europe
Societyof Europe. Specifically, a fertility rate of 2.1 children per woman is necessary to sustain the population... in Europe with 1.3 children per woman. This pattern has remained in place for at least the last... to have one of the worst population demographics in Europe by 2050. The report highlighted the findings
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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammepercentage points per year to level off at 2.2 percent by 2025. Market access assumptions were also revised... that Greece will use some of its cash reserves that were built up per the Eurogroup agreement to service its... findings published by mid-July. The Commission’s DSA incorporates the latest developments around
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Newsletter 333 - 01/04/2022
as a fixed amount per 1,000 litres, captures the effects of lower consumption. Revenues from this tax are below the target by 69 million euros. The excise tax is fixed at roughly 70 cents per litre and has... opinion poll findings suggest that the public is likely to push for more interventions as long
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PM hails uptake of food voucher scheme amid growing evidence of hardship
PoliticsGreek Politics. Payments translate into between 22 euros per month for a single-person household to 62 euros per month... it will influence their choice at the ballot box. The findings underline how hard it will be for opposition parties
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Newsletter 432 - 06/09/2024
, it only gained traction over the past few days. It uses wages per hour based on unit labour costs... place Greece near the bottom of the EU, only above Bulgaria. For instance, in the index of GDP per... other parties. The poll confirms earlier findings which show New Democracy well ahead of the pack
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Newsletter 434 - 27/09/2024
wage effective from April 1 is 830 euros gross per month, paid out on a 14-month basis leading... in 2016. However, BoG also finds that wages in income brackets above 1,200 per month have barely moved... they intend to vote for KKE, while ND comes third with 12.5 pct. The findings suggest that voters
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