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  1. IMF examines where programme went wrong, what lessons were learnt
    Photo by Panayotis Tzmaros/Fosphotos

    EconomyProgramme

    per review in Greece was much higher than in other comparable countries. According to the report... of more than 5 percent of GDP within three years (or 1.7 percent per year on average) has an increasingly... of GDP or 4.3 percent per year on average, which most likely contributed to a deterioration of the debt

    8%

  2. Newsletter 108 - 24/02/2017

    Newsletters

    in 2009. In 2010, it began to rise rapidly, soaring by around 10 pp per annum over the next two years... to a double-digit rise in non-resident arrivals by 15.6 percent, while the average expenditure per trip.... The drop in full-year receipts fully reflects a reduction in the average expenditure per trip by 11.3

    8%

  3. Stocks edge down 0.6 pct as review talks continue
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    dividend per share (DPS) of 0.90 euros, while excluding the interim DPS of 0.20 euros distributed last... it will release its 2016 results on March 30. Jumbo trades ex-dividend of 0.18 euros per share on March 22, while Terna Energy trades ex-capital return of 0.05 euros per share on the following day. Grivalia

    8%

  4. Turnover in tourism sector up 1 pct in Q1 for third straight quarterly rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 513.2 million euros in Q1 on the back of a drop in the average expenditure per trip by 3.2... attributed to a decline in the average expenditure per trip by 11.3 percent to 514 euros, while foreign... spending per trip, lower receipts last year also reflect a decrease in the average stay duration from

    8%

  5. The conundrum of Greek olive oil exports
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyFeatures

    to the Bank of Greece (BoG), only around 27 percent of the 300,000-plus tonnes which Greece exports per annum... demand for olive oil because the local cost of production is relatively high at 1 euro per kilogram... per cent higher than 2014).” Their report highlights that a more vertically integrated production

    8%

  6. Greek household expenditure falls by another 2.5 pct in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    to 1,392.03 euros, down by 2 percent or 28.97 euros compared to 2015’s figure. The average expenditure per month per person came to 538.94 euros in 2016, down by 2 percent or 11.24 euros compared to 2015... per month than the average for the country, while for households with three children or more up to 16

    8%

  7. Capital controls to be loosened further, restrictions on foreign cash removed
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros to 20,000 euros per customer per day. Relevant supporting documents and declarations... was changed from a lump sum of 840 euros every two weeks to 1,800 euros per calendar month

    8%

  8. Grand projects and even loftier ambitions drive Greece's energy project bonanza
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    an overall import capacity of 11.3 billion cubic metres per annum (bcm/y) through three entry points... in 2020, it will have an initial capacity to deliver 10 bcm of Caspian gas per year... metres per year. The project passed a technical feasibility study in 2016, and was ratified

    8%

  9. Lenders set ambitious e-auction targets for Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    online auctions per month, reaching 2,000 auctions per month in the last quarter of 2018. Between 2019 and 2021, auctions should further rise to 40,000 auctions per year. An encouraging early sign

    8%

  10. Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
    Photo by MacroPolis

    EconomyMacroeconomy

    expenditure per trip also rose by 10.7 percent, or 56 euros per trip. Receipts from residents... euros in average expenditure per trip. In the five-month period, revenues from EU28 rose by 35

    8%