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Where is Greek growth coming from?
Agorathree stages for the Greek economy. 1) The collapse of activity between early-2009 and mid-2013..., which drives aggregate demand.[1] Aggregate supply can be captured by two numbers: how many new workers... of qualified labor already, and demographics are adverse). If employment can grow by another 1
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Central government debt rises to 403.2 bln in Q2, cash reserves near 42 bln
EconomyMacroeconomyGreece’s central government debt recorded a rise of roughly 1 billion euros to 403.2 billion euros... (over 5 years) debt made up 73.4 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 16.5 percent and 10.1 percent respectively. Greece’s cash
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BoG provides insight into Greece’s housing affordability problem
EconomyFeatures% of disposable income dedicated to loan payments. An index value of 1 or higher indicates affordability, while a value below 1 suggests the market is unaffordable for the median household... neighbourhoods of the wider Municipality of Athens (2nd–7th districts), the index is above 1, suggesting
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The institutional weakness poisoning Greek politics
Agorain 2011, he was the party leader with the healthiest bank balance and owned six apartments, two houses... three apartments, one house, two shops, a storeroom and a large plot of land. To make matters worse
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Investors voice concerns about delays to Hellenikon as mine talks falter
EconomyFeaturesand apartments on the site is paying some 900 million euros for the land and has pledged another 8 billion euros... of the old Athens airport into a complex of luxury apartments, green urban spaces and shopping
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Study sheds light on different experiences, aspirations of new and long-term migrants
Societyin mainland Greece (Andravida, Skaramagas, etc.), 25,000 live in hotels or apartments, or are hosted by Greek... camps . Only 15 percent live in apartments or houses. In contrast, 97 percent of Albanians live
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Property prices rise again in Q4 2021, taking full-year increase to 7.1 pct
EconomyMacroeconomyThe rise in the nominal value of apartments in Greece accelerated to 9.1 percent year-on-year (YoY) in the last quarter of 2021, from an upwards revised 8.3 percent in the third quarter, Bank.... The index for Q4 2021 came to 73.7, compared to 67.6 at the end of 2020. Old apartments - those over five
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Property prices continue on upward trajectory with 8.6 pct rise in Q1
EconomyMacroeconomyThe rise in the nominal value of apartments in Greece slowed slightly to 8.6 percent year-on-year in Q1 of this year, from an upwards revised 9.5 percent in the last quarter of 2021, Bank of Greece... the first year of the pandemic. In 2019, prices increased by 7.2 percent. Old apartments - those over
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Property prices rise by 9.4 pct in Q2, close to all-time high
EconomyMacroeconomyThe rise in the nominal value of apartments in Greece remained strong in Q2 of this year, rising by 9.4 percent year-on-year (YoY), from an upwards revised 9.3 percent in Q1 2021, Bank of Greece (BoG... year of the pandemic. In 2019, prices increased by 7.2 percent. Old apartments - those over five years
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Property price rise accelerates in Q3 with 11.2 pct increase
EconomyMacroeconomyThe increase in the nominal value of apartments in Greece remained on a solid footing in Q3 of this year, rising by 11.2 percent year-on-year (YoY), from an upwards revised 10.1 percent in Q2, Bank..., prices increased by 7.2 percent. Old apartments - those over five years old - saw their prices increase
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