Center of Planning and Economic Research
Decrease in uncertainty recorded last month
The KEPE GRIV "Fear" Index eased to 28.48% in December from 31.52% the previous month, evidence of a decrease in uncertainty for the expected short-term course of the Greek market.
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Short-term property rental market saturated
The number of properties up for short-term lease in Greece has soared from just 130 in 2010 to over 200,000 by the end of 2019, according to a survey by the Center of Planning and Economic Research. Despite the huge changes this surge has brought to the property market, however, the regulatory framework has resisted change and adjustment to reality.
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Discussions on raising minimum wage get under way
The process for the adjustment of the minimum wage will begin in the last 10 days of February, and according to law it must be completed within four months. Discussions have already started within the government, with spokesman Stelios Petsas reiterating New Democracy's election pledge for an increase up to the level of 703 euros per month in the next three years.
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Three in 10 businesses set up during crisis failed
Three out of 10 companies founded during the years of the financial crisis (2009-18) did not survive it, according to a study by the Center of Planning and Economic Research.
The least affected were private capital companies, also called "one-euro companies" because they did not have a minimum capital requirement.
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KEPE projects growth at just 1.76 percent
Even the state-funded Center of Planning and Economic Research (KEPE) is now forecasting that growth this year will fail to meet government expectations of 2.3 percent, estimating that it will come to 1.76 percent instead.
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Sunday opening boosts shopping, especially by tourists
In its third post-bailout assessment published on Wednesday, the European Commission revealed an eightfold increase in card transactions in areas of Greece where stores are open most Sundays compared to the period before measures allowing shops to open on Sundays were introduced.
Deregulation helped consumers and employment, KEPE study finds
Consumers and employment in Greece have enjoyed considerable benefits from the opening up of commodity markets implemented since 2010 (in the context of the bailout programs and the recommendations of the Organization for Economic Cooperation and Development), according to a study by the Center of Planning and Economic Research (KEPE).
Reports point to economic recovery but also the risks
KEPE says GDP could grow by up to 20 pct in the next six years
The Greek economy may be rebounding, but there are still risks that could derail this recovery, according to three separate studies published on Thursday by the Center of Planning and Economic Research (KEPE), BNP Paribas and the Economist.
Seven keys seen for recovery
Top research center stresses political stability, reforms especially privatizations and tackling corruption
The recovery of the Greek economy, which is already under way, depends on seven key factors outlined by the countrys respected Center of Planning and Economic Research (KEPE) in a report released on Wednesday.
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KEPE: Greek economy returned to growth in Q2
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