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  1. GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019

    EconomyMacroeconomy

    expenditure rose by 0.1 percent. ELSTAT also released a first estimate of the overall GDP figure for 2019... just short of the Ministry of Finance’s (MoF) final budget estimate of a 2 percent rise for 2019. This is subject to revision in the second GDP estimate which ELSTAT will release later in the year

    6%
  2. Buying time: The delayed crisis of democratic capitalism - a review
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Agora

    By now books about the financial crisis of 2008/09 and the sovereign debt crisis in the euro area... participation. Streeck’s key focus rests on analysing how since 2008/09 euro area governments sought... in the euro area, financial diplomats from the troika, the ECB in Frankfurt and the Commission in Brussels

    6%
  3. European Commission review of Greek programme: The key points

    EconomyProgramme

    financial management reforms, further improvements in the area of budget preparation are still needed...), the EC estimates Greece would have needed an additional 5 billion to cover its financing needs until... estimates privatisation revenues in excess of the 3-billion mark per annum as of 2016. The updated plan

    6%
  4. Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    . There was a notable drop of 30.7 percent in arrivals from non-euro area countries within the EU28...). Double-digit drops of 20.6 and 24.6 percent were posted in the 2-month receipts from non-euro area... in the first quarter. In early March, SETE published its initial tourism estimates for 2016, which

    6%
  5. Travel receipts rebound 8.2 pct in March, but surplus drops 3.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    percent) and Germany (+14.5 percent). In contrast, arrivals from non-euro area countries within the EU... percent to 312 euros. Arrivals from non-euro area countries within the EU decreased by 15.7 percent..., Association of Greek Tourism Enterprises (SETE) is keeping to its initial tourism estimates, which see

    6%
  6. Travel balance records 127 mln surplus in Q1, much improved on last year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Those from non-euro area visitors increased by 24.9 percent to 109 million. Receipts from German... by 12 percent to 1.1 million. Within this, euro-area visitors were up by 15.8 percent to 524,300... that according to BoG, tourism figures for 2017 exceeded SETE’s estimates. For 2018, SETE predicts

    6%
  7. Is a lack of spending hampering Greece's firefighting capabilities?

    Society

    in Greece burns on average three times the area of a fire in Spain, Portugal or France, and 1.5 times the area of a fire in Italy. Greece itself had been able to fight forest fires more effectively... degree of hiring discretion in recent years. The same report estimates that the Greek state has been

    6%
  8. The oil and gas debate Greece is not having

    Agora

    have progressively granted an area of 78,000 sq km for onshore and offshore exploration and exploitation, with lease contracts encompassing both stages. The process of leasing this vast area, 2.5 times.... The same paper estimates that, to meet a target of 2 °C, “a third of oil reserves, half of gas

    6%
  9. Newsletter 288 - 12/03/2021

    Newsletters

    . The total number of permits came to 1,813. The corresponding surface area increased by 17.9 percent while... at 18,907. Surface area also increased by 9.2 percent, and volume increased by 6.2 percent...., gyms and other activities put on hold by the lockdown are also on the table. The government estimates

    6%
  10. Storm fallout sweeps PM to crucial juncture early in second term

    PoliticsGreek Politics

    the area from flooding. One of the key criticisms being levelled at the central and local governments... anti-flood works in the area. Although tens of millions of euros were set aside to restore... strain on public finances, with some estimates putting the total figure as high as 4 billion euros

    6%