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PWC report finds Greek fire damage above average despite lower incidence
SocietyA report by PricewaterhouseCoopers (PwC) which examined Greece’s firefighting capabilities has..., Greece had below the average number of fires per 1,000 hectares of non-urban land but the largest area burnt per forest fire, at 27.94 hectares compared to an average of 11.42. The majority of fires
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Budget primary shows deficit of 7.01 bln in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the final Finance Ministry (MoF... during the first nine months of the year. Personal income tax (PIT) was below target by 763 million
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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeaturesPWC Greece has released an overview of the Greek tourism industry which analyses the industry’s... shortening. Total revenues per tourist arrivals have been dropping by 3 percent each year, implying... by 12 percentage points in 2012. Five star hotels show a disproportionately higher investment per bed
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Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence
AgoraGreece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern
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Lowest income groups in Greece saw wages drop and taxes rise most during crisis
SocietyLower income groups in Greece saw their tax burden increase by 337.7 percent from 2008 to 2012.... Among its main findings is that while wage-related income per household fell on average by 10.9 percent from 2008 to 2012, the bottom three income groups saw their earnings from wages sink the most
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General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash deficit came to 7.01 billion euros in the first nine months of the year compared to a surplus of 4.53 billion in the same period last year, according... at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economyto the targets being beaten over the last four months, even though there is a steady increase in unpaid taxes by more than 600 million per month and b) expenditure deferral, particularly regarding social... of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros
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Newsletter 271 -30/10/2020
than 200 euros per month. In Q2 2019, only 1 percent of employees had a net monthly income of 200... that a large portion of workers fell into one of three categories: Either they saw their work suspended... at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary
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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for September showed on Thursday. The primary surplus was below its
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Sharp rise in M&A activities as 2019 proves record year
EconomyFeaturesby PricewaterhouseCoopers Greece (PWC), which points to improving investor and business appetite... banks to the value of 236 million euros. In 2018, a total of 51 M&A transactions were recorded by PWC..., and representing a record year for such activity in Greece. According to PWC, this activity has been
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