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Parents main source of income for most young Greeks
Society, and the working hours per week were reported as 40. Of those who were unemployed, only 15 percent believed
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IMF sets out why it stands apart from eurozone on long-term growth prospects
EconomyProgrammeoutput per worker and the -0.9 percent annual decline of working age population. According to the IMF
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Mandatory e-payments come into force as Greece seeks to boost card use further
EconomyFeaturesownership per head in Greece stands roughly at the same level as the EU average (1.4 versus 1.5), possibly
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Capital controls to ease further from the beginning of September
EconomyMacroeconomyIndividuals will be able to withdraw a lump sum of up to 1,800 euros per calendar month from September 1 as part of government moves to further relax the capital controls in place since 2015. This is an expansion on the lump sum of 840 euros every two weeks which is the limit currently in place
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Refugee returns to resume despite concerns over rights and conditions
Societyas of August 8, 11,919 of which arrived in Greece at an average rate of 65 people per day in July. As of July
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NBG reports net losses in Q2, NPEs down for fifth straight quarter
EconomyBankingto the hedging of ‘Titlos’ security. The management expects this hedging cost at around 30 million per
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Newsletter 132
million. The average expenditure per trip went down by 4.5 percent to 552.4 euros from the figure
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Greek competitiveness rank remains low as tax, bureaucracy create obstacles
EconomyFeatures, and security, and higher per capita income.” This year’s top score was held by Switzerland
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Draft budget sees stronger growth, fiscal targets being met
EconomyMacroeconomyto the labour force survey is projected to ease by more than 1 percentage point per annum and land
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Coalition banks on surplus transfers, waits for Hellenikon verdict
PoliticsGreek Politics2041 or 1.4 billion per year on average over a 25-year period. The Central Archaeological Council (KAS
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