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Government strives to prevent farmers' protests gathering pace as flood costs spiral
PoliticsGreek Politicsthe compensation farmers are entitled to by 35 pct because it lacks the necessary funds to pay out in full... is estimated at 1.35 billion euros, but just 686 million euros has been secured so far from the EU’s... is estimated at 900 million euros, while rail repairs are expected to cost 450 million.
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Newsletter 460 - 02/05/2025
measures will pay off in terms of the poll ratings in its favour over the coming months.EconomyFiscal data... will create around 1.5 billion euros in extra fiscal space, on top of an already estimated 1 billion... is estimated to have brought in more than half a billion euros of income tax. Aside from policy decisions
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GDP growth slows in Q3 amid lower 2017 forecasts
EconomyMacroeconomybudget for 2018 tabled to Parliament on November 22 estimate GDP growth of 1.6 percent in 2017, revised... outlook, which included the most conservative estimate out of the main organisations. It sees..., provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Monday. ELSTAT has put
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A third of young Greeks would consider emigrating to escape economic problems
Societysituation. The report, which mainly focused on issues related to consumers’ ability to pay for goods, found... the means to pay them. Over three in four Greeks (78 percent) were late paying least one bill late... late, an answer given by 79 percent of those having paid late, was the inability to pay,” the report
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Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4
EconomyMacroeconomybe attributed to increased ENFIA revenues since a number of taxpayers preferred to pay their tax obligation... will pay (to the bank) their obligation in 9-12 monthly instalments. Moreover, taxpayers with low ENFIA charges may have also preferred to pay the whole amount upfront and not in instalments. It should
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Labour market reforms did exactly what they were supposed to
Agorain the private sector would need to be significantly reformed, pay rates for overtime work would... allow local pay agreements to set wage growth below sectoral agreements and introduce variable pay... flexible hirings of part-time or shift work, with lower weekly hours and subsequently lower pay gradually
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Tsipras reaches settlement with church, aiming to subdue critics
PoliticsGreek Politicsto pay the wages of priests as a form of compensation for the property deal the two sides accept... will cease to pay their wages the state agrees to pay directly to the church the amount it currently... would find itself having to pay a huge compensation bill after losing a legal battle with the church
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The Parable of the Populists and the Contemplatives
Agoraof new debt that they have taken on board to pay for this machine. The net worth, or wealth... to depleting the resources of the country, debts are being accumulated to pay for additional (over-)spending... had to pay adequately. The toxins have been leaking into the drinking water and evaporating
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EC doubles 2023 growth forecast to 2.4 pct, affirms 2.5 pct of GDP primary surplus next year
EconomyMacroeconomyin the previous estimate in February. Although growth is seen slowing significantly from the 5.9 pct recorded last... estimate for 2024 is revised slightly down to 1.9 pct, from 2.4 pct in the previous estimate, as Greece
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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomyfor the service sectors, which were not available at the time of the flash estimate. The GDP... estimate, which showed mild growth of 0.3 percent. Following the Q4 performance, the aggregate..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Monday. The headline figure
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