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Greeks have higher levels of life satisfaction than Bulgarians

11 February 2016 / 10:02:18
Greece has been in a state of a serious financial crisis for years but is ahead of Bulgaria in terms of many key indicators related to quality of life.
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Greece is ready to veto "Canadian feta"
The position of Greece regarding the bilateral trade with Canada hardens. 
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Retroactive 10% cuts in government spending will bring 1.4 billion euro to the treasury
Significant cuts are to be made in order to achieve a primary surplus and maintain the levels of deficit. 
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The banking sector will continue to shrink until 2017
The atmosphere in the banks’ headquarters is tense due to the restructuring plans. The stress tests must be submitted and approved by 30 September. 
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Greece has agreed with its lenders on a sustainable primary surplus and lower recession than expected
Minister of Finance Yiannis Stournaras' first meeting of the autumn season with the representatives of the international lenders of Greece lasted... 
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Another 7,000 bank employees will leave in 2014
The European Commission wants banks to reduce functional costs, which means fewer branches and fewer staff 
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Electronic property registry will replace the proof of living expenses
Since 2014, the control over property and identification of incomes from property will be implemented by electronic means 
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Greece loses 10 billion euro a year from uncollected VAT
The loss of revenue from VAT in Greece in 2008-2012 amounted to 39.8 billion euro. 
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Demographic comparison of Bulgaria and Greece
Comparison of key demographic indicators of Bulgaria and Greece based on the most recent census conducted in each country. 
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Why business is leaving Greece
The main reasons include the indifference of the government and the lack of a clear and stable framework for the functioning of the market. 
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Greeks’ incomes are 75% lower than in 2008
By comparison, the reduction in the income of public sector employees who go on strike and protest most frequently is relatively low, 23.5%, in... 
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The time of shopping streets is going into the past - the era of centres is coming
Modern consumers want their visit to the shopping centre to be relaxing; they want to make their purchases in a pleasant atmosphere, go for lunch or... 
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Plans and strategies of the 10 major Greek companies to tackle the crisis
The companies are planning to reduce functional costs and restructure loans, but also invest and expand abroad - in the USA, the Middle and Far East,... 
GRReporter | 17:09 | 15 09 13 |
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