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Population projections show demographic problem set to worsen in coming decades
Societythey have is unlikely to increase. Even if the average number of children per woman increased from 1.5 children to 1.8 children, the average number of births per year from 2018 to 2035 is unlikely to pass... Authority (ELSTAT), Greece’s population is estimated to have fallen from 11.1 million recorded in 2011
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European Commission review of Greek programme: The key points
EconomyProgrammeestimates privatisation revenues in excess of the 3-billion mark per annum as of 2016. The updated plan...), the EC estimates Greece would have needed an additional 5 billion to cover its financing needs until... that the financing gap until May 2015 is estimated at 5.5 billion euros. This figure reduces to 3.8 billion if we
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Crisis management policy: the sad lesson of the Greek case
Agorapercent per annum could be too optimistic. And growth rates of around one percent or less is all too... be estimated by model simulations. As such, there is great uncertainty associated with the estimates... estimates that this will require a tightening of five percent of GDP. However, IMF prefers to obtain
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Eight in 10 tourist visits to just five regions, six nationalities generate half of receipts
EconomyFeatureseuros, an increase of 8.2 percent. An average of 1.2 regions were visited per trip. However, for long... Australia, Canada and the USA visited an average of 1.9 to 1.7 regions per visit. The expenditure per visit per region came to an average of 449 euros, a fall of 1.8 percent. This varied from region
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgrammeof 2.5 percent coupled with lower real GDP growth of 1 percent per annum would not only require.... This resulted in IMF lowering its real GDP growth estimates by 50 basis points to 1.5 percent... into the Treasury. Overall, the IMF estimates Greece’s net financing needs at 29.3 billion in the next 12
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Apartment prices fall at slower rate of 7 pct in Q3
EconomyMacroeconomybills) in autumn 2011, which raised revenues of 2 billion euros per annum. Following several delays... base combined with the substantial rise in the property tax per capita have inevitably led to shrinking transactions and lower apartment prices. The official estimates for residential house prices
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Travel surplus soars 57.2 pct in November on surging tourist arrivals
Economyin the travel spending per trip by 12.3 percent to 366 euros. The breakdown of incoming tourist activity... in travel spending per trip by 9.1 percent to 598 euros. Arrivals from the US (up 27.8 percent... to 14.58 million. SETE estimates 2014 international tourist arrivals - including road and coastal
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Greek travel receipts rise by 10.2 pct in 2014, arrivals shoot up by 20.7 pct
EconomyMacroeconomydrop in travel spending per trip to 552 euros in 2014 from 604 euros in 2013. In the preceding two years, travel spending per trip had also decreased by 3.6 percent in 2012 and 1.9 percent in 2013. BoG... at the main Greek airports surged 25.6 percent. According to SETE's initial estimates for the whole year
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Travel receipts increase 16.2 pct in Feb as arrivals shoot up by 56.2 pct
EconomyMacroeconomyvolume was to a large extent offset by a marked drop in travel spending per trip by 24.8 percent... offsetting a decline in travel spending per trip by 26 percent to 285 euros. The breakdown of incoming... estimates for 2015 released before two months pointed to international arrivals reaching 25 million
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Growth in accommodation and food services turnover slows to 6 pct in Q1
EconomyMacroeconomythe average spending per trip fell by 22.2 percent to 300 euros. The breakdown of inbound tourist activity... by a decrease in travel spending per trip by 9.4 percent to 592 euros. The latest figures... percent in April bringing the 4-month rate at 17.5 percent. In its initial 205 estimates published
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