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Greek pensions laid bare
Agoraof entitlement. The first alarm bells regarding its sustainability rang in early 1990 when it become obvious... pensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly... and they receive on average monthly pensions of 771 euros. This is below the overall average of 884 euros since
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PM aims to divert OPEKEPE inquiry as he signs up to SAFE scheme
PoliticsGreek Politicson the European Union’s SAFE scheme for defence and will now draw loans to boost its military capabilities... in the opinion polls, Mitsotakis is hoping that he can prevent his opponents building any momentum. SAFE activated Greece’s decision to tap into the EU’s new SAFE (Security Action for Europe) scheme, securing 1.2
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Greek-Turkish tensions flare over Turkey’s bid to join SAFE
PoliticsForeign Policyin the European Union’s SAFE (Security Action for Europe) programme - a 150-billion-euro lending... and expressed strong support for Turkey’s inclusion in SAFE. Johannes Wadephul described Turkey... that Germany imposes no restrictions on such collaboration. Turkey formally submitted its request to join SAFE
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Tsipras keeps bailout issues in safe hands but fails to inspire with new cabinet
PoliticsGreek PoliticsAlexis Tsipras named a varied cabinet late on Tuesday night with three key characteristics: Ministers considered safe hands being appointed to bailout-related posts, ministers who had proved... a safe pair of hands, Deputy Prime Minister Yiannis Dragasakis, retains his position. Dragasakis
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Retail turnover rises by 4.4 pct and volume by 4.7 pct in October
EconomyMacroeconomyGreece’s retail sales index increased by 4.4 percent in October following a revised drop of 4.1 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The latest month... percent), supermarkets (+9.5 percent) and clothing and footwear (+4.4 percent). A decline of 19.4 percent
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Greek trade deficit shrinks by 4.4 pct in October on back of strong exports
EconomyMacroeconomyAfter a sharp rise by 34.2 percent in September, Greece’s trade deficit narrowed by 4.4 percent in October, according to the Hellenic Statistical Authority (ELSTAT). The absolute figures show that the October trade deficit stood at 1.77 billion after reaching a year-high οf 2.06 billion euros
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Building permits up by 4.4 pct in May and 5.3 pct in first five months
EconomyMacroeconomyBuilding permits rose by 4.4 percent in May following a rise of 1 percent in April, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The latest monthly headline figure marks two months of growth after March’s decline which was the first negative reading of the year to date
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Fiscal data points to primary surplus of 4.4 pct in 2018, beating target of 3.5 pct
Economy. The primary surplus landed at 4.4 percent of GDP, or 8.15 billion euros, from 6.95 billion in 2017
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Industrial production up by 4.4% in February
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 4.4 percent year-on-year (YoY) in February following a revised increase of 3.5 percent in January, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. Month-on-month (MoM), the index increased by 2.5 percent after a drop of 2.9 percent
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GDP rises by 4.4 pct QoQ in Q1 and falls 2.3 pct YoY
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP rose by 4.4 percent quarter-on-quarter (QoQ) in the first quarter (Q1) of 2021 after an upward revised increase of 3.4 percent in the previous quarter, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. Compared to Q1
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