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  1. Average wealth in Greece down by 17.1 pct since last year

    Society

    Wealth per adult in Greece fell by 17.1 percent to 81,342 US dollars in mid-2015 from 98,097... and Portugal. Greece’s wealth per adult in mid-2015 was 36.7 percent lower than the European average figure... on the margin of the rich country group (wealth per adult above 100,000 dollars), moving in and out also

    13%
  2. Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP

    EconomyProgramme

    ), whose operation was delayed and around 200 million from the imposition of a levy of 0.05 euros per..., meaning 1 hiring per 5 departures in 2016, 1 hiring per 4 departures in 2017 and 1 hiring per 3

    13%
  3. Stocks plunge 8.8 pct over week in aftermath of UK referendum outcome
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    of 0.31 and 0.50 euros per share respectively on June 27. Athens Water (EYDAP) trades ex-dividend of 0.31 euros per share on June 28, Hellenic Telecom (OTE) of 0.10 euros per share on Jun 29 and Coca Cola Hellenic (CCH) of 0.40 euros per share on Jun 30. GEK Terna holds its Annual General Meeting on June

    13%
  4. Athens and lenders left with gap to bridge ahead of Eurogroup
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    require 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

    13%
  5. 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

    13%
  6. Grivalia Properties net profits rise by 87 percent in nine-month results
    Image via www.grivalia.com

    EconomyMacroeconomy

    of 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.

    13%
  7. New measures to ease capital controls, lift restrictions on opening bank accounts

    EconomyMacroeconomy

    euros 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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  8. Is a lack of spending hampering Greece's firefighting capabilities?

    Society

    states. 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

    13%
  9. Eurobank to merge with Grivalia Properties and create SPV to cut bad loans
    Photo by MacroPolis

    EconomyBanking

    per 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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  10. Increase of 11 pct in minimum wage to have knock-on effect in economy
    Photo by MacroPolis

    Economy

    that 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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