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Part-time work and low earnings overlie crisis-pounded labour market
Society2010 and 2018. At the same time, nominal hourly wages fell by 20 percent while labour productivity... that in the last eight years, 682,000 people aged between 20 to 44 had left the country. Wages Only 10... fallen under 20 percent in recent months and is expected to fall further in the next few years
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Newsletter 182 -9/11/2018
and farmers, to be reduced by a third, from 20 percent of income to 13.3 percent. Government spokesman... 20 percent and the first time since August 2011 that it has dropped under 19 percent. During... in September, or a rise of 20 percent YoY. However, exports were notably lower at 2.67 billion, or a rise
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Moments to remember from the euro crisis
Agorathe problems the euro has faced since its launch almost 20 years ago, there are reasons to be content... with the US over the last 20 years despite commentators often arguing that the Americans dealt... and getting them to share a currency, one which remains a work in progress 20 years after it was launched
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EastMed pipeline close to high-level agreement, but still a long way from becoming reality
EconomyFeaturesbetween Israel, Cyprus and Greece in Jerusalem on March 20. However, the 6.2-billion-euro energy mega... and the Peloponnese, to Otranto on Italy’s eastern coast, delivering up to 20 billion cubic metres... will be attending the March 20 trilateral summit for the EastMed, while the Beer-Sheva summit
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Newsletter 198 -15/03/2019
in Q4 Rate rises slightly compared to previous quarter but stays below 20 percent The Greek non... of unemployment has been below 20 percent. Compared to the same period last year, the jobless rate has... time since Q3 2011 that the rate of unemployment has been below 20 percent. Wages index up by 4.9 pct
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Parties' competing tax pledges come up against challenging reality
EconomyFeaturesfrom 22 to 20 percent and reducing the solidarity contribution, in addition to lowering property... tax rate from 22% to 20% in an attempt to appeal to middle class voters who deserted the party... euros see tax cuts of starting at about 20 euros a year in the lower end of the scale, rising
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NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
EconomyBankingto 20 percent by 2021. The reduction in 2018 was achieved by write-offs in the volume of 5.9 billion... legal protection status, which is 31 percent of mortgage NPEs and more than 20 percent of consumer... representing one fifth of loans, followed by manufacturing with more than 20 billion and construction close
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Card usage gains traction with debit cards leading the way, BoG finds
EconomyBankingthe category of credit cards, virtual payment cards recorded a YoY rise of 20 percent. The BoG noted... versus 60 billion euros in 2017. The average number of transactions per card increased by 20... to 3,666 euros. For debit cards, the average transaction per card rose by 20 percent to 4,073 euros
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Mitsotakis promises 'new normality,' lines up tax cuts straight away
PoliticsGreek Politicsthe minimum monthly payment would be reduced from 30 to 20 euros and the interest rate would... percent (and from 24 to 20 percent next year). The tax on dividends will be reduced from 10 to 5.... Furthermore, main pension contributions will be gradually reduced from 20 to 15 percent, while VAT
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New Democracy tax pledges put spotlight on available fiscal space
EconomyProgrammereduction from 24 to 20 percent the following year. The cost of the second reduction is estimated at 600..., main pension contributions for employers and employees would be reduced from 20 to 15 percent... that for individuals, the monthly payment would be reduced to 20 euros from 30, while the interest rate would drop
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