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  1. Greek hourly labour costs less than half of eurozone average
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    of 14.50 euros per hour for an enterprise with 10 or more employees for 2017, excluding the sectors... was industry at 15.30 euros per hour, followed by non-business (15 euros), services (14.30 euros

    16%

  2. ECB report highlights sluggish Greek economic growth
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    to 0.1 percent after being flat in 2016, against an EU average of 1.9 percent. GDP per capita... prices increased by 8.6 percent. Compensation per employee in Greece declined by 0.9 percent year

    16%

  3. Tourist numbers increase by 9.7 pct in 2017, cruise visitors decline
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    a positive impact on travel receipts. Receipts were also boosted by a rise in expenditure per overnight stay which rose by 69 euros. The average length per trip was stable year-on-year at around seven

    16%

  4. Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The average expenditure per trip rose by 3.4 percent year-on-year to 312.30 euros. Travel receipts from.... Average aggregate expenditure per trip declined by 7.6 percent to 278.8 euros compared to 301.6 euros

    16%

  5. Greece’s unstable and confusing tax system failing to deliver results
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of any OECD country, with tax evasion estimated at between 2 to 5 percent of GDP per year according... on an income of 25,000 euros and under per year paid just under 33 percent of all taxes. Just under 12 percent

    16%

  6. Tourism accounts for 27.3 pct of Greek GDP in total, study shows

    EconomyFeatures

    seasonality is a trend of the global tourism industry and not just in Greece. The average expenditure per... percent. The average expenditure per night also increased by 1.1 percent to 67.7 euros.

    16%

  7. Travel surplus rises by 48.2 pct in March as receipts increase
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    708,200. The average expenditure per trip also rose by 14.9 percent year-on-year to 348 euros. Travel... expenditure per trip rose by 1.3 percent to 306.1 euros compared to 302.1 euros for the same period in 2017

    16%

  8. The first cut is the deepest? Greek pension reforms in context

    EconomyFeatures

    report 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

    16%

  9. Travel balance down by 29 pct in April as receipts slump
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to roughly 1.1 million. The average expenditure per trip also fell by 7.3 percent to 418.30 euros... foreign arrivals (+11.1 percent). Average aggregate expenditure per trip declined by 3.1 percent to 348.90

    16%

  10. EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    percentage 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

    16%