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Business loans drive credit growth of 10.7 pct in Sep
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Corporate deposits propel savings increase to 208 bln in Sep
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Despite recovery in previous three months, building permits down 9.9 pct YoY to July
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Strong VAT, income tax revenue and restrained spending drive strong primary surplus in Sep
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Travel receipts up by 10.5 pct YoY in Aug on back of 7.5 mln arrivals in
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Hiring balance improves by more than 18,000 jobs up to Aug
Traditional sectors carry burden of job creation as unemployment levels fall
Having weathered the pandemic over the last two years, Greece’s labour market remains on the recovery path it has been following since July 2013, when monthly unemployment rate peaked at 28 pct and 1.36 million Greeks were out of employment.
ELSTAT released the latest monthly unemployment figure on Wednesday and, for the time in more than a decade, the rate was under 13 pct, landing at 12.8 pct in December. Meanwhile, the number of unemployed fell below the 600,000-threshold.
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