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  1. Social support in Greece not adequate enough to deal with crisis, says OECD
    Photo by Harry van Versendaal

    Society

    in Greece dropped by 1/3 between 2007 and 2012, with average losses of some 4,400 euros per person... average is 65 percent). Between 2008 and 2013, unemployment swelled at a rate of 3,800 per week and 60... emerging economies with much lower per-capita income, such as China or Brazil. Emigration to other

    4%

  2. Eurobank gears up for crucial but contentious capital increase

    EconomyBanking

    the market price. The HFSF paid 5.84 billion euros at 1.54 euros per share to fully recapitalise Eurobank... increase later this month could pay as little as 0.30 euros per share. The value of these shares..., Mackenzie and Brookfield. The offer price stands at 0.30 euros per share, which implies an 80 percent

    4%

  3. Politics trumping economic prudence in Greece

    Agora

    performance in Q1 of 2014, namely negative growth of 1.1 per cent, the pocket calculators were... anchored in negative territory during 2014. If a projected GDP performance of 0.6 per cent in 2014... is immediately using fifty per cent of April’s bond proceedings to buy a major stake in a highly indebted

    4%

  4. Greece sees travel receipts shoot up by 35.8 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    decline compared to the 2012 respective figure. In addition, travel spending per trip rose 5.3... in international tourist arrivals to 1.91 million with travel spending per trip increasing by 6.2... the evolution of travel spending per trip, which slipped 1.9 percent in 2013 to 604 euros, remaining 38

    4%

  5. Coalition adopts court ruling that restores judges' pay, others poised to follow

    PoliticsGreek Politics

    pay scale means that Supreme Court judges will be paid 4,134 euros per month gross. At the other end of the spectrum, justices of the peace will receive 2,737 euros per month. These are basic monthly.... On top of that, the coalition has to pay them an extra 69.6 million euros per year. The amendment adopts

    4%

  6. Tourist arrivals in June increase 13.7 pct, bringing significant rise in receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    increase in international tourist arrivals and a moderate rise of 2.5 percent in travel spending per... in international tourist arrivals partly counterbalanced by a 1.7 percent drop in travel spending per trip... of travel receipts per country showed mixed trends with revenues from the UK posting a 40.2 percent rise

    4%

  7. Sudden jump in unpaid taxes last month takes total to almost 70 bln

    EconomyMacroeconomy

    has been increasing by an average of 1.24 billion per month in 2014. In addition, the 8-month... to collect an additional 1 billion in the second half of 2014, which corresponds to 167 million per... performance as they reached 122 million per month. The second MoF target of collecting 16 percent of new tax

    4%

  8. Greece sees travel receipts rise again in July to reach 2.74 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    to 4.22 million in July. In contrast, travel spending per trip fell 11.5 percent to 634 euros. Arrivals... to 10.49 million. In addition, the double-digit drop in travel spending per trip in July, led... receipts per country showed mixed trends with revenues from the UK surging 26.1 percent, 9 percentage

    4%

  9. Greek travel receipts up 10.3 pct in August as 2014 targets revised upwards
    Photo by MacroPolis

    EconomyMacroeconomy

    blunted by travel spending per trip dropping by 11.6 percent to 639 euros. The breakdown of incoming... travel spending per trip retreated by 8.6 percent to 617 euros in the 8-month period. Arrivals from... remained flat, mainly reflecting the negative growth in August. In terms of travel receipts per country

    4%

  10. Travel receipts up again in September, reaching 2.3 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    spending per trip by 9.6 percent to 605 euros. The breakdown of incoming tourist activity showed... per trip to 614 euros. Arrivals from the US (+29.4 percent) continued showing the highest rise... as of August. The breakdown of travel receipts per country displayed a double-digit rise in receipts

    4%