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How economic sanctions on Russia could affect Greek economy
Agorabillion euros. In 2019, it fell to below half a billion euros, or 2 pct of total takings, while... have invested 155 mln euros in total in Greece. In 2019, Russia was the 22nd largest source of foreign investment, accounting for just 0.6 pct of the total 4.5 bln euros. Greek investment in Russia has
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Newsletter 51 - 12/11/2015
already clarified it would also seek state aid of 2 billion to cover its total capital shortfall... for the 2 billion, plus 10 billion for the banks, to be released. Those pending matters consist... in covering their total capital needs of 14.4 billion. At the same time, the banks announced the results
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Four in 10 Greek firms thinking about moving abroad, survey shows
Economyto relocate to countries in Western Europe mainly due to stability and access to funding, while 10 percent... stability and low taxation and just 5 percent Bulgaria for its favourable tax rates. The main reasons... the country’s future prospects, with 44 percent expecting things will not get better in the next 5 years
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Newsletter 203 -15/04/2019
million euros in March, after a smaller rise of 5 million euros in February. The total for the month came... is in contrast to the message sent by the Eurogroup following the April 5 meeting, when eurozone... of the total tax wedge, compared with 77 percent of the total OECD average tax wedge. While the tax
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IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
EconomyMacroeconomyMinister Christos Staikouras accepted that recession this year could range from 5 to 10 pct, abandoning... a double-digit toll on economic activity. The forecast on contraction for this year is at -10 pct
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Newsletter 415 - 08/03/2024
, as the momentum from the pandemic recovery started to ease, GDP recorded growth rates of 2 pct, 2.7 pct... grew by 3.7 pct thanks to a solid tourism season that favoured exports of services, to a total... to just over 10 billion euros. Investments have been a marquee communication point for the current
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Newsletter 174 -14/09/2018
. No final decision on this politically sensitive issue is expected until perhaps the November 5 Eurogroup..., after April’s rise of 2 percent. Last year, the index remained consistently positive. Month-on-month... the average increase for the year to 10 percent. The figure for the same quarter last year showed an increase
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Newsletter 227 -08/11/2019
on the dividend tax from 10 to 5 percent for profits earned in 2019 and shared out in 2020. Reports also... of the transfers will lead to the total number of refugees exceeding 1 percent of the local population in any... “tolerance.” In contrast, a total of 36.1 percent say they feel “anger” or “disappointment.” SYRIZA’s
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturesgroups, at 14 percent and 10 percent, respectively. Residence permits for property owners/investors Country of origin Primary permit holders Total permit holders including family members China 1,395... 66 201 Jordan 62 160 Iran 57 115 Other countries 266 568 TOTAL 2,968 7,565 Source: Ministry
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Greek pensions: The unsolvable equation
Agoraand was facing a default, the pension funds were looking at a gaping hole of almost 5 billion in 2010, the equivalent of 2 percent of that year’s GDP. Contributions evaporate By design, the Greek... to slip further in 2015. Total wages that exceeded 33 billion euros in 2009, dropped to 22 billion
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