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Crisis-era productivity in Greece lowest among OECD countries
EconomyFeaturesthat in terms of GDP per hour worked, only Greece had a negative reading during the crisis years... gross value added per hour worked was higher than the EU average. However, for the business services
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PM moves quickly on policy pledges in bid highlight benefits of MoU exit
PoliticsGreek Politicswage has been at 586 euros per month for those over 25 and 511 euros for those who are younger... on Thursday that the increase will be 20 euros per month but this remains to be seen. For under 25s
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Strong receipts push travel balance up by 15.9 pct in July
EconomyMacroeconomy, coming to a total of 5.5 million visitors for the month. The average expenditure per trip increased... balance rising by 17.8 percent YoY. Average aggregate expenditure per trip rose by 2.7 percent
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Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct
EconomyMacroeconomyarrivals, coming to a total of 6.1 million visitors for the month, although the average expenditure per... percent YoY to 10.35 billion euros. Average expenditure per trip edged down by 1 euro, or 0.2 percent
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Appeals over past pension cuts sow confusion about potential fiscal impact of backpay
Economyof cuts to pensions. The first saw main pensions above 1,300 euros per month cut by 12 percent... euros annually per pensioner - 400 euros at Christmas and 200 euros at Easter and summer respectively
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Travel balance rises by 0.8 pct in September and 9.1 pct in 9M
EconomyMacroeconomyper trip dropped by 4.3 percent to 487.60 euros. Travel receipts from the 28 European Union (EU 28... per trip fell by 0.9 percent to 533.60 euros in the aggregate period, versus 538.20 euros
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Newsletter 184 -23/11/2018
expenditure per trip drop by 4.3 percent to 487.60 euros. Over the first nine months of the year, travel.... Average expenditure per trip fell by 0.9 percent to 533.60 euros in the aggregate period, versus 538.20
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New court verdict adds to concern about impact of backpay on fiscal balance
EconomyProgrammeto 800 million euros per year on an ongoing basis and potentially eligible for backpay claims... billion euros per year. Kathimerini suggested the total figure could be somewhere between 11.5 and 17
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Private sector employees increase in 2018 along with average wage rise of 4.6 pct
EconomyMacroeconomyand 35 hours per week. The gross average monthly wage (including full and part-time employment) rose... percent earned more than 1,500 euros per month. Employees aged 30-44 made up the largest proportion
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Travel balance rises by 21.4 pct in October
EconomyMacroeconomyper trip also rose by 3.4 percent to 495.10 euros. Travel receipts from the 28 European Union (EU 28... balance to 13.8 billion, a YoY increase of 10.1 percent. Average expenditure per trip edged down by 0.5
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