Search
-
Eighteen core goods led exports during crisis, NBG study notes
EconomyFeatures, increased their GDP contribution three times over during the crisis period, rising from 0.04 percent per annum in the pre-crisis years to 0.12 percent per annum during the crisis, or a cumulative contribution... percent during the crisis period, from 0.34 percent per annum pre-crisis to 0.08 percent per annum
5% -
Card transactions in Greece experience boost due to capital controls
EconomyBankingwas observed also for the number of transactions per Greek after the introduction of capital controls. Card transactions went from eight transactions per person per year in 2014 to 47 in 2017. Capital... days. A set of relaxations announced in August raised the amount to 1,800 euros per transaction, along
5% -
Covid-19 lockdown, slump suppress electricity demand and edge out lignite
EconomyFeaturesaveraged 28.5 euros per MWh, and was the lowest in the past four years. This puts it 15.14 euros per MWh... euros per MWh. Lignite is by far the costliest fuel in the Greek electricity mix at present. A 2014 study commissioned by PPC found that Greek lignite generation cost around 60 euros per MWh, a figure
5% -
Minimum wage increase crashes against reality of Greeks' low purchasing power
Agoraclashed with the latest data released by Eurostat concerning per capita GDP in the EU in purchasing... that will take the gross wage to 880 euros, paid out in 14 salaries per year, was initially... in 2022 due to the Ukraine conflict and the energy turbulence. Per ELSTAT, housing costs are up by 22 pct
5% -
Newsletter 486 - 28/11/2025
these measures to a wider narrative of resilience: 2.4 per cent growth projected for 2026, nearly double... remain in force until replaced. With just 24 per cent of workers currently covered by collective agreements, the aim is to move closer to the EU directive’s target of 80 per cent. The Prime Minister
5% -
MTFS outlines ambitious economic and fiscal road for next four years
EconomyProgrammelast official estimate of 2.3 percent, but broadly in line with the institutions and other... the optimistic nature of some of the elements in the estimates of private consumption, investment and the trade... percent in 2022. All estimates are marginally lower than last year’s MTFS when the economic recovery
4% -
IMF sees Greek debt above 200 pct of GDP in 2016, at 182 pct in 2020
Economyis among the key reasons for a significant rise in the IMF’s gross debt estimate by almost 20 percentage... on Greece, the IMF published on Wednesday its updated fiscal estimates in the October Fiscal Monitor... the institutions’ estimates. The Fund sees a primary surplus of 1.75 percent in 2017 and 3.5 percent from 2018
4% -
Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyThe IMF spring meetings produced some good news for Greece via the World Economic Outlook and Fiscal Monitor. The IMF revised upwards its growth estimates for 2023, which is now seen higher at 2.6 pct in 2023, from 1.8 pct in the WEO of last October. Although it has not been officially published
4% -
Check, please: How much Alexis Tsipras's first months cost Greece
Agorabillion euros. We estimate that in the 2015–2017 period Greece could have delivered average annual... but cannot be accused of being overly optimistic with its estimates after 2012. In the last completed review... as initially hoped, it can be argued that both of those estimates required everything to work like
4% -
OECD proposes ways to improve competition, estimates positive economic impact at 414 mln
Economyand 15 percent pharmaceuticals. The OECD concluded that if restrictions are lifted, the estimated
4%