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Greece moves closer to lifting all capital controls as limits on cash withdrawals removed
EconomyMacroeconomyor foreign notes per person and per overseas trip. The measures are being extended to business.... The amount is applicable daily per transfer per client. The transfer overseas of up to 100 percent... euros. This applied per calendar month, per depositor and per credit institution. The government
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Plans for Hellinikon development set out, emphasis on real estate revenues
EconomyFeaturesto 4,000 euros per square metre. The current guide price for properties in the area is 8,000 euros per..., will cover roughly 72,000 square metres. The minimum monthly rent of commercial stores will be 37 euros per square metre, setting the average daily cost per visitor at 25 euros. A boutique mall will also
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Tsipras and Mitsotakis gear up for economy pledges, with eyes on fiscal targets
PoliticsGreek Politics. On Wednesday, he said he would aim to grow the economy by 4 percent per year, well above the projected...As Alexis Tsipras finalises his speech for the Thessaloniki Expo (DETH) on Saturday, his government is fending off accusations that the prime minister is preparing to make pre-election handouts
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Newsletter 316 - 12/11/2021
saw support for the two main parties drop by a combined 5 points, appears to be centre-left KINAL... Gennimata. KINAL saw its backing increase from 8.5 pct in October to 9.8 pct this month. There were also... effect on the sector. It saw its sales rise by almost 80 pct in the last quarter, with the sector
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Newsletter 407 - 12/01/2024
regarding profitability champions in Greece for 2022. The study finds that companies involved in fuel saw.... Companies in the food sector saw their EBITDA increase by more than 50 pct to 718.5 million euros, while... up by 15 pct to 5.53 billion euros and metals products and construction nearly saw their sales
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A closer look at Greece's revised proposals to lenders
EconomyProgrammerebates with estimated revenues of 140 million per annum in 2015-16. 5) Administrative dispute settlement on property taxation (revenues of 50 million per annum) Existing proposals These new measures... in two annual installments with estimated revenues of 600 million per annum for 2015 and 2016
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Bank holiday to end but capital controls remain and some transactions forbidden
Economy. · The daily withdrawal limit is kept unchanged at 60 euros per depositor per bank per day. However, money not withdrawn in one or more days may be withdrawn in one go per week (up to 420 euros per... educations expenses abroad related to living expenses are allowed up to 5,000 euros per quarter via
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Newsletter 49 - 30/10/2015
Central Bank shows that Greeks lost on average 16,909 euros per person in the four years from 2009... and Development (OECD) found that household disposable income fell by 27.5 percent per capita in Greece from... promises to the contrary, meaning that a minimum of 2.6 billion euros (or 525 euros per owner) will have
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Now comes the really hard part
Agoraby the European Central Bank shows that Greeks lost on average 16,909 euros per person in the four... Cooperation and Development (OECD) found that household disposable income fell by 27.5 percent per... the government’s earlier promises to the contrary, meaning that a minimum of 2.6 billion euros (or 525 euros per
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Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016
EconomyBankingdue to pay within the first half of 2016. The number of transactions per card remained unchanged at 16. Nevertheless, the average value of transactions per card dropped by 10 percent to 1,781 euros, mostly reflecting a similar decrease in that per debit card to 1,991 euros. Moreover, the average
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