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Govt hints at more relief, as economy and inflation jostle with pandemic as top public concerns
PoliticsGreek Politicsprice was around 100 euros per MWh”, he said. “It has now exceeded 200 euros”. Greek consumers currently pay some of the highest wholesale prices for electricity in Europe, hitting 217 euros per MWh... to double from the current level of 60 euros per MWh to 120 euros during November and December
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One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
EconomyFeaturesper 100,000 population. This is a comparatively low figure even by European standards... more than twice the number of startups, with 35 per 100,000 people. The overwhelming majority of Greek... three times as many investment rounds per dollar raised compared to their peers based abroad
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Where is Odysseus? Part 3 - Participation
Agorathat is sometimes mentioned in the press. OECD statistics show that the average number of hours worked per... working more (OECD hours worked per employee)? The reconciliation lies exactly in the lower participation..., Iceland, Netherlands), which brings their statistics for hours worked per employee down (the OECD
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PM offers shopping bill subsidy as surveillance scandal threatens to spill over into judicial crisis
PoliticsGreek Politicscertain income and wealth criteria. The monthly stipend will stretch from 22 euros per month for a single-person household, to 42 euros per month for a couple with two children, according to reports... euros per month, when inflation in key products, such as meat, bread and dairy is currently ranging
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Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln
EconomyBankingin the bank for a price of 1.33 euros per share. This marked the start of a competitive process... offer by UniCredit to 1.39 euros per share, absent any other offers. The total proceeds for the Greek... stake, possibly rising to 22 pct if there is strong demand, based on a range of 5 to 5.44 euros per
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Lack of savings points to wider economic issues
EconomyMacroeconomysavings of 542 euros per year, with the picture even more pressing for self-employed people that only manage 63 euros per year. Pensioners have an average saving amount per year of 2,248 euros
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Survey of 2023 household budgets highlights lasting effects of debt crisis
Societyprominent. At current prices, average annual expenditure per household in 2023 increased by 5.3 pct... when it grew by a more moderate 1.7 pct to 19,876 euros. Per person spending at current prices... started in 2017 and now stands at 1,685 euros per household at current prices. Average monthly
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Government pledges more reforms, but economy set to prove deciding factor in 2025
PoliticsGreek Politicseuros per year. The government is also said to be considering lower rates for incomes up to 30,000..., will be negligible as a worker on the minimum wage of 830 euros will see an extra 3.24 euros per month in their pockets and employer savings per month will be just 4.15 euros. Low wages An article
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Newsletter 463 - 23/05/2025
in 2024 just over 18,700 euros per year, compared to 15,112 euros in 2019, a rise of 23.8 pct... spot, above only Bulgaria, on a per capita basis. As is often the case with this type of government... crisis before 2030, while the most moderate growth scenario will see per capita GDP reaching
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Government hails rising wage data, but full picture tells more complex story
EconomyMacroeconomyof unmarried and childless Greeks were in 2024 just over 18,700 euros per year, compared to 15,112 euros...), Greece holds the second to last spot, above only Bulgaria, on a per capita basis. As is often the case... per capita GDP reaching the pre-crisis level by 2032.
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