Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
Travel balance rises by 0.8 pct in September and 9.1 pct in 9M
OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence
September current account surplus at 550.8 mln as goods deficit increases
Central government debt increases by 10.7 bln to 356.03 bln in Q3
Industrial turnover positive for nine months with increase of 14.3 pct in September
Greek unemployment rose to new high of 27.9 pct in June
Greek seasonally adjusted unemployment showed an increase of 0.3 percentage points (pp) month on month (mom) and 3.3pp year on year (yoy) to 27.9 percent in June, which is a new historic high, according to the Hellenic Statistical Authority (ELSTAT) monthly labour force survey. The number of employed slipped by 0.1 percent mom and 3.4 percent yoy to 3.63 million, while unemployed continued heading north, surpassing the 1.4 million mark, up 1.5 percent mom and 14.2 percent yoy.
The results for the second quarter indicate the unemployment rate soared by 3.5pp yoy to a new quarterly high at 27.1 percent, while recording a slight drop of 0.3pp quarter on quarter (q-o-q) for the first time since the third quarter of 2009. Note tho...
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