Tag Archive | "rise"

Minimum salary to rise to 654 euros in October

The first part of a government plan to increase the minimum salary is expected to be implemented in October, taking the level up to 654 euros per month for all private sector workers. The government’s election pledge to raise the minimum monthly salary to 751 euros will not be fulfilled before the second half of […]

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12/24/2014: Focus: Greek yields rise on election fears

German 10-year yields were about three basis points from a record low yesterday, outperforming higher-yielding peers, as Greece’s failure to elect a president boosted the anti-austerity opposition’s chances of ousting the government. Greek securities… Full News here – Kathimerini English

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Major rise in air arrivals this year

Nearly 1.9 million more foreign tourists arrived in Greece by air in January-November 2014 than in the same period last year, according to provisional figures compiled by the Association of Hellenic Tourism Enterprises (SETE). International arrivals at th… … Full News here – Latest News

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Growth to fuel rise in revenues

Finance Minister Gikas Hardouvelis on Friday tabled in Parliament the final draft of the 2015 budget which is in line with the targets of the country’s bailout agreement with its creditors and will be put to a vote on December 7, one day before the crucia… … Full News here – Latest News

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11/1/2014: Focus: Retail sales rise for third straight month

Greek retail sales by volume rose 7.4 percent in August compared to the same month last year, after a downwardly revised 4.7 percent increase in July, statistics service ELSTAT said yesterday. Sales volumes rose for the third month in a row, Cypriot… Full News here – Kathimerini English

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Tourism between Greece and Turkey is on the rise

The number of Turkish tourists visiting Greece this year is expected reach a historic high, while the corresponding figure for Greek visitors to Turkey is also set to soar. The latest estimates see over 1 million Turkish tourists visiting Greece – a recor… … Full News here – Latest News

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Greek bank deposits rise for seventh straight month in September

Greek bank deposits rose in September for the seventh straight month, central bank data showed on Monday. Business and household deposits rose to 164.75 billion euros ($ 209.2 billion) from 164.23 billion euros in August, the Bank of Greece said. [Reuters]… … Full News here – Latest News

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E-commerce posted 25 pct rise in 2013

Electronic commerce turnover grew 25 percent last year compared with 2012, reaching 3.2 billion euros, according to a report on online trade in Southern Europe published on Thursday by Ecommerce Europe. This is attributed to the proliferation of online of… … Full News here – Latest News

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Greek yields rise on refuted newspaper report

Greek government bond yields rose to a one-week high on Tuesday after a newspaper reported that the country’s European Union and International Monetary Fund lenders had interrupted their bailout review over a disagreement with Greek officials. The governm… … Full News here – Latest News

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Greek toy retailer Jumbo sees 7.9 percent rise in y-o-y sales

Greek toy and home-ware retailer Jumbo saw sales in the July 2013-June 2014 period grow by 7.9 percent from 502.2 million euros to 541.9 million euros, the company has said in a report. Gross profits grew by 53.12 percent in July 2013-June 2014 from 52.33… … Full News here – Latest News

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Rise in tourism arrivals dwarfs gains of regional rivals

The growth in the number of tourism arrivals in Greece in the year to July was almost three times that of rival Mediterranean destinations such as Turkey and Spain. Bank of Greece data showed on Tuesday that the number of visitors to this country increase… … Full News here – Latest News

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OAED records slight rise in unemployment in July

The Greek Manpower Organization (OAED) announced on Thursday a slight rise of 1.84 percent in its unemployment register in July, with figures pointing to 835,282 people, as opposed to 820,156 people the previous month. The report released by the agency sh… … Full News here – Latest News

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9/10/2014: Front Page: Big rise in number of staff sacked for offenses

More than 550 civil servants have lost their jobs this year after being found to have committed criminal or disciplinary offenses, the Administrative Reform Ministry said yesterday. A total of 562 public servants have been fired for these reasons this… Full News here – Kathimerini English

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All airports report a major rise in visitors

The major increase in air arrivals from abroad this year continued in August, provisional data from the country’s airports show, confirming that this will be a record year for Greek tourism. Athens has done especially well, as the increase in foreign visi… … Full News here – Latest News

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Tourism targets rise ever higher

The latest data have allowed the Hellenic Association of Tourism Enterprises (SETE) to raise its target for tourism arrivals and revenues this year higher still. During a meeting with main opposition SYRIZA leader Alexis Tsipras on Monday, SETE representa… … Full News here – Latest News

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