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Athens and lenders left with gap to bridge ahead of Eurogroup
PoliticsGreek Politicsrequire annual transfers from the state budget of around 11 per cent of gross domestic product in Greece compared with the eurozone average of 2.25 per cent. This comparison is misleading. “Following... at less than 9 per cent of GDP. Furthermore, the eurozone average relates solely to the cost
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Greeks tending to shop less often and opt for local products
Society, down from almost 310 euros per month in the previous survey conducted based on 2015 data. Around 60... shopped for household items fell from 8.5 visits to a store per month in the previous survey to 6.8 visits per month. Of those surveyed, 59 percent said they shop up to six times in a month. During
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Grivalia Properties net profits rise by 87 percent in nine-month results
EconomyMacroeconomyof the increased profitability, earnings per share increased from 0.19 euros to 0.37 euros. A breakdown..., 2017 the group’s NAV amounted to 880 million euros or 8.69 euros per share. The group’s NAV per share, excluding own shares, amounted to 9.05 euros per share.
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New measures to ease capital controls, lift restrictions on opening bank accounts
EconomyMacroeconomyeuros to 2,300 euros. The transaction for the full lump sum can be carried out once per calendar month, per unique customer ID, per banking institution, and relates to both Greek and foreign banking... the accepting and executing of orders for the transfer of funds abroad up to the amount of 2,000 euros per
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Is a lack of spending hampering Greece's firefighting capabilities?
Societystates. With 115 career firefighters per 100,000 inhabitants, it ranks higher than the United States... to the equivalent of 4.5 euros annually per citizen in the United States. The disparity is even greater when we consider that the United States Forest Service tackles an average 23 forest fires a year per 100,000
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Eurobank to merge with Grivalia Properties and create SPV to cut bad loans
EconomyBankingper share. The combined group is targeting strong sustainable earnings per share and over 10 percent... the merger, the new entity will have an operating income of 1.9 billion euros (0.52 euros per share) and pre-provision income of 1 billion (0.28 euros per share) based on nine-month results. Around 30
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Increase of 11 pct in minimum wage to have knock-on effect in economy
Economythat the minimum wage in Greece will increase for the first time in a decade to 650 euros per month, from 586... that had secured certain levels of work experience per three years increments before February 2012... euros previously. This will translate into an increase of 40 euros per month, from 36 currently
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Greece takes first round against Covid-19 but fight continues
Agoraof numbers of hospital beds, with 421 beds per 100,000 people, compared to 800 in Germany, the top... per 100,000 people in stark contrast to Germany’s 29, and just over half the European average... of nursing staff relative to population in the EU, with 344 per 100,000 people, less than half
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Household expenditure rises by 2.5 pct in 2019
Society, or 1,478.22 per month, recording an increase of 2.5 percent compared to 2018. Half of households surveyed spent more than 1,151 euro per month. In real terms, the average monthly expenditure increased... of the overall average. Households living in rural areas spend 1,190.96 euros per month, while those
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Newsletter 267 -02/10/2020
expenditure in 2019 amounted to 17,738.64 euros, or 1,478.22 per month, recording an increase of 2.5 percent compared to 2018. Half of households surveyed spent more than 1,151 euro per month. The main... to 2008. Households living in rural areas spend 1,190.96 euros per month, while those living in urban
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