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Greeks deeply affected by crisis and least satisfied with life, EBRD study finds
Societyof the bank’s Life in Transition survey, said that 92 per cent of Greek households claim to have been... levels of life satisfaction across the entire transition region,” the report said. Only 1 and 6 per cent... with the economic and political situation in their country. In addition, 12 per cent of interviewed
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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeatures, increased their GDP contribution three times over during the crisis period, rising from 0.04 percent per annum in the pre-crisis years to 0.12 percent per annum during the crisis, or a cumulative contribution... percent during the crisis period, from 0.34 percent per annum pre-crisis to 0.08 percent per annum
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Card transactions in Greece experience boost due to capital controls
EconomyBankingwas observed also for the number of transactions per Greek after the introduction of capital controls. Card transactions went from eight transactions per person per year in 2014 to 47 in 2017. Capital... days. A set of relaxations announced in August raised the amount to 1,800 euros per transaction, along
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PWC report finds Greek fire damage above average despite lower incidence
Society, Greece had below the average number of fires per 1,000 hectares of non-urban land but the largest area burnt per forest fire, at 27.94 hectares compared to an average of 11.42. The majority of fires... the average burnt hectares per fire. In contrast, Portugal suffers from more frequent fires
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Covid-19 lockdown, slump suppress electricity demand and edge out lignite
EconomyFeaturesaveraged 28.5 euros per MWh, and was the lowest in the past four years. This puts it 15.14 euros per MWh... euros per MWh. Lignite is by far the costliest fuel in the Greek electricity mix at present. A 2014 study commissioned by PPC found that Greek lignite generation cost around 60 euros per MWh, a figure
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Bulgaria's Covid-19 vaccination fiasco: excessive risks, mediocre results
Agoraof the price of the EU’s and Bulgaria’s vaccine portfolios. If EU’s portfolio cost about 11 EUR per dose, Bulgaria’s would be 9 EUR per dose. I guess the “savings” of 2 EUR per dose (18%) is indicative... date, Bulgaria was the 2nd country in the EU by new confirmed deaths per million people on a rolling
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Where is Odysseus? Part 5 - Productivity
Agoraare disappointing. Real GDP per employee in Greece is growing less quickly than in Odysseus’ Plan of 2018... efficient are the workers in a country to produce real GDP? After all, productivity determines per-capita... calculate the path for real GDP per person employed. That is average labor productivity. Figure 3 presents
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Where is Odysseus? Part 6 - Potential real GDP
Agoraand bigger recovery of Greece. In blog 20, however, we documented a glitch, because productivity per... for average productivity per employed person, also with a high and low scenario alongside the baseline... with the average expected productivity per employed person, to build a baseline scenario for long-run real GDP
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Minimum wage increase crashes against reality of Greeks' low purchasing power
Agoraclashed with the latest data released by Eurostat concerning per capita GDP in the EU in purchasing... that will take the gross wage to 880 euros, paid out in 14 salaries per year, was initially... in 2022 due to the Ukraine conflict and the energy turbulence. Per ELSTAT, housing costs are up by 22 pct
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Newsletter 486 - 28/11/2025
these measures to a wider narrative of resilience: 2.4 per cent growth projected for 2026, nearly double... remain in force until replaced. With just 24 per cent of workers currently covered by collective agreements, the aim is to move closer to the EU directive’s target of 80 per cent. The Prime Minister
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