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  1. Greek household expenditure falls by another 2.5 pct in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    to 1,392.03 euros, down by 2 percent or 28.97 euros compared to 2015’s figure. The average expenditure per month per person came to 538.94 euros in 2016, down by 2 percent or 11.24 euros compared to 2015... per month than the average for the country, while for households with three children or more up to 16

    4%

  2. Capital controls to be loosened further, restrictions on foreign cash removed
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros to 20,000 euros per customer per day. Relevant supporting documents and declarations... was changed from a lump sum of 840 euros every two weeks to 1,800 euros per calendar month

    4%

  3. ECB survey shows enduring preference for cash payments in Greece
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    surveyed at 75 percent. The survey found that in 2016, euro area consumers made 1.6 payments per day on average, equalling nearly 11 payments per week. Of these, the average in the euro area was 1.2 payments in cash and 0.3 by card. Greek consumers carried out around 1.6 transactions per day in cash

    4%

  4. Lenders set ambitious e-auction targets for Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    online auctions per month, reaching 2,000 auctions per month in the last quarter of 2018. Between 2019 and 2021, auctions should further rise to 40,000 auctions per year. An encouraging early sign

    4%

  5. Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
    Photo by MacroPolis

    EconomyMacroeconomy

    expenditure per trip also rose by 10.7 percent, or 56 euros per trip. Receipts from residents... euros in average expenditure per trip. In the five-month period, revenues from EU28 rose by 35

    4%

  6. Newsletter 172 -27/07/2018

    Newsletters

    of 2.45 million visitors for the month. The average expenditure per trip also rose by 10.7 percent, or 56 euros per trip. Receipts from residents in the EU28 increased in May by close to 54 percent... in the period was up by 5.4 percent, or 24 euros in average expenditure per trip. In the five-month

    4%

  7. IMF raises growth forecast for 2019, lowers sharply medium-term expectations
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    where countries’ per capita GDP declined more than 20 percent, peak to trough. The sample includes... peak in 2007, Greece’s per capita GDP was 30,055 US dollars but by 2013, it had dropped by 26 percent... in the sample, nearly half of them (45 percent) had per capita GDP that was still below the pre-decline

    4%

  8. Newsletter 191 -25/01/2018

    Newsletters

    an increase of around 8 percent in the minimum wage, taking it from the current 586 euros per month to just... expenditure per trip also rose by 35.8 percent to 401.5 euros. In the aggregate period, travel receipts rose... expenditure per trip edged down by 0.5 percent to 523.70 euros in the aggregate period versus 526.20

    4%

  9. Short-term rentals raise rents by average of 8.3 pct, study indicates
    Photo by MacroPolis

    EconomyFeatures

    of the tourism revenue generated in the country and is growing at an average rate of 25 percent per year... locations around Greece. The price of short-term rentals per square metre of a property was found to outpace... versus 40 long-term. The price per square metre of the short-term property rental was 86 percent higher

    4%

  10. Going for Growth: What next for Greece's economy and banks?
    Photo by MacroPolis

    Agora

    dollars and the GDP per capita was 28,900 dollars[3]. In Q4 2018, those figures stood at 218 billion... then. In fact, Deutsch’s share price was 112 euros per share in May 2007, at the end of February those... share price in May 2007 being 215 euros per share, yet that number stands at 6.78 as recently

    4%