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Newsletter 82 - 15/07/2016
measured on a GDP per capita basis, the IMF argues. The report also highlights the deteriorating..., with the latest being the revelation that he pays his hairdresser almost 10,000 euros per month... a fragile coalition of his own Socialist Party, Left Bloc, Communists and Greens. Costa, too, is finding
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FDI, rather than tax cuts, holds key to stronger growth rates - study
EconomyFeaturesthat between 2013 to 2017, FDI revenues in Greece made up around 1.3 percent of GDP per year... percent higher. Without FDI inflows of around 2 billion per year, it will take Greece until 2035... and put pressure on wages and salaries. The report’s main finding was that such fiscal measures would
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What will it take to reverse the Greek 'brain drain'?
Societyremain unfilled, Greece still boasts more doctors per capita than any EU country, 6.6 per 1,000... to be filled by over-35s. Educational qualifications have not necessarily made finding employment easier
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A closer look at Greece's Q3 2023 national accounts
Agoraoutput per worker (all employment categories included), or how efficient each worker is over time...? In 2023 (Q1-Q3) the average real output per worker in Greece was €46,000 (ref 2015). For the Euro(20... for now—this moves productivity growth rates down. It is consistent with the finding that the labor
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Newsletter 431 - 12/07/2024
on global wealth that shows that Greece is the only country where wealth per adult in the 2008-2023 has dropped, despite the rising global trend. In Greece wealth per adult has dropped by 11 pct... Parliament elections, New Democracy is finding it hard to shake off the downbeat feeling among voters, while
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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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Greek teachers low paid, but work shorter hours in smaller classes
Society, with nine pupils per teacher, below the OECD average of 15 and much below Mexico, where there are 28 pupils per teacher. Student-teacher ratios also vary, and to a larger extent, at the secondary school level, ranging from 30 students per full-time equivalent teacher in Mexico to 8 in Greece
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Parliamentary report highlights demographics challenge and urges immediate action
Societythis week raised further as it noted that the country’s fertility rate stood at 1.24 children per... to increase. Even if the average number of children per woman increased from 1.5 children to 1.8 children, the average number of births per year from 2018 to 2035 is unlikely to pass 95,000. An analysis
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Capital controls to be abolished ahead of schedule
EconomyBankingfor the first time. The initial withdrawal limit of 60 euros per day was increased to a rolling bi-weekly... to 1,800 euros per calendar month. The threshold for the withdrawal of sums transferred to Greece from... euros to 20,000 euros per customer per day and further restrictions on opening bank accounts were
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Economic diversification vital to Greece's post-coronavirus future
Agoraeconomic austerity endured, Greece has put the USA, France and the UK to shame on both a per capita... of the economy that Bank of Greece Governor, Yannis Stournaras, fears could be much as 8 per cent in 2020... 13 per cent and 32 per cent this, according the World Trade Organisation, the immediate economic
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