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  1. Rise of exports slowed in 2019, with goods suffering dip
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyFeatures

    . Despite cost competitiveness, Greek exports have not yet returned to pre-crisis levels. The product... production base with the aim of strengthening industries with higher technology content,” they note, adding

    7%

  2. Extensive Covid-19 impact and slow recovery seen by most business sectors, research shows
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that securing liquidity came first, followed by cost containment (56 percent). This has led over..." showed that 17 out of 22 industries expect significant revenue declines this year, easily reaching

    7%

  3. Govt intent on making some relief measures permanent
    Photo by Pavlos Svoronos/Fosphotos

    PoliticsGreek Politics

    with a bigger reduction. These measures have a fiscal cost of 2 billion euros, which will lead... industries like tourism and culture. Keeping corporate tax at 22 pct and the reduced tax advance to 80

    7%

  4. Newsletter 303 - 02/07/2021

    Newsletters

    , maybe even with a bigger reduction. These measures have a fiscal cost of 2 billion euros, which... competitive Greek industries like tourism and culture. Keeping corporate tax at 22 pct and the reduced tax

    7%

  5. US-China port spat gives Athens taste of diplomatic challenges ahead
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that this is not a cost-free exercise, particularly given the Trump administration’s explicit pursuit of dominance... the possible role of the country’s energy and shipping industries in promoting US interests

    7%

  6. Greek teachers low paid, but work shorter hours in smaller classes
    Photo by srgpicker via Flickr https://flic.kr/p/3zZRnQ

    Society

    , with nine pupils per teacher, below the OECD average of 15 and much below Mexico, where there are 28 pupils per teacher. Student-teacher ratios also vary, and to a larger extent, at the secondary school level, ranging from 30 students per full-time equivalent teacher in Mexico to 8 in Greece

    7%

  7. Capital controls to be abolished ahead of schedule
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyBanking

    for the first time. The initial withdrawal limit of 60 euros per day was increased to a rolling bi-weekly... to 1,800 euros per calendar month. The threshold for the withdrawal of sums transferred to Greece from... euros to 20,000 euros per customer per day and further restrictions on opening bank accounts were

    7%

  8. Capital controls eased, allowing larger withdrawals and doubling limit on business transfers abroad
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    accounts. This will increase from 2,300 to 5,000 euros. This is applicable per calendar month, per depositor and per credit institution. The amounts that can be transferred in cash per trip abroad also... to 4,000 euros per customer every two months, effective from July 1st. Most importantly, business

    7%

  9. Greece moves closer to lifting all capital controls as limits on cash withdrawals removed
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    or 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

    7%

  10. Where are the Conservatives?
    Image: https://twitter.com/kmitsotakis

    Agora

    Greeks. In Germany, this is 4.9 million Germans per cabinet member; the closest comparator is Sweden... get paid too little per person, so that productivity and the quality of services to the public suffer... productivity and per-capita income, this is the wrong allocation of labor resources. In 1995, the government

    7%