Costs
Still in the nest up to their 30s
Most young people today in Greece leave the family home after the age of 30, a phenomenon that is increasingly related not to the prevailing mentality of the Greek family, but to the ever-increasing cost of housing.
- Read more about Still in the nest up to their 30s
- Log in to post comments
Saudi Arabia opens mixed ‘haram’ beach with bikinis, music and dancing for the first time
Entry in the beach costs $80 per person
Stores eager for new system
The market is eager to see all brick-and-mortar stores reopen as early as possible, even if it is with the shopping by appointment system - dubbed "click inside" - that the government appears to be leaning towards at this stage. This may be the only way for retailers to contain massive turnover losses from the months-long lockdowns.
- Read more about Stores eager for new system
- Log in to post comments
Red tape hard to cut in house sales
Before the lockdown measures came into force, it would take up to three visits in a week to a Citizens' Service Center (KEP) for the head of a major property group to obtain a document certifying the validity of his signature - one of the dozens of documents even large enterprises have to collect in order to perform a property transaction.
- Read more about Red tape hard to cut in house sales
- Log in to post comments
E-shops struggle with demand
The electronic commerce sector in Greece has proven unable to respond to the extraordinary conditions created by the measures put in place to curb the Covid-19 epidemic.
- Read more about E-shops struggle with demand
- Log in to post comments
Hourly Labour Cost in Bulgaria Rose by 11.0% Compared to the 2nd Quarter of 2016
Preliminary data of the National Statistical Institute (NSI) for the second quarter of 2017 indicate that the total.
Bulgaria's Labor Cost Went Up in Q4, 2015
Quarterly labor cost in Bulgaria rose by 5.8% in October-December, 2015 last year compared to the same period of the previous year, statistics show.
Hourly labor cost most notably grew in construction (11%), followed by 8.1% in industry and 4.6% in services, the National Statistical Institute (NSI) has said.
- Read more about Bulgaria's Labor Cost Went Up in Q4, 2015
- Log in to post comments
Foreign exchange rate and wage pressure on companies
The huge value losses of the Turkish Lira against the dollar and the euro throughout 2015, as well as the increase in the minimum wage and personnel expenses in general, are raising costs in all sectors. It seems as if this dual pressure, in the face of shrinking domestic and international demand, will make it quite a tough year for company managers.