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  1. Study proposes higher public spending to counter expected rise in NPLs
    By Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    found that a one percent increase in the rate of unemployment could lead to a corresponding rate... budget balance, the rate of change of business or consumer NPLs falls by between 0.11 percent to 0.36... to accompany the possible reduction in the rate of change of GDP. Spending solution Given the difficulty

    6%

  2. Lockdown reduced spread of Covid-19 by 80 pct, research indicates
    Photo by MacroPolis

    Society

    , the measures imposed by the authorities combined to reduce the rate of transmission by 81 percent... even if the starting rate had been as high as 5.3. Allowing for less disruptive measures... the rate of transmission to under 1 from an initial rate as high as 1.32. The R number in Greece

    6%

  3. Newsletter 253 -12/06/2020

    Newsletters

    in the first scenario and by 17.3 percent in the second, with rebounds in 2021. 2 Unemployment rate...) unemployment rate came to 14.4 percent in March from a downward revised reading of 15.9 percent... at a later date. For the same time last year, the unemployment rate came to 18.1 percent. The current month’s

    6%

  4. Newsletter 254 -19/06/2020

    Newsletters

    unemployment rate stood at 16.2 percent in the first quarter (Q1) of the year, decreasing from a rate.... The jobless rate has declined by 3 percentage points (pps) from the Q1 2019 figure of 19.2 percent... million. The breakdown by age revealed that the jobless rate fell in all six age groups in Q1

    6%

  5. VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU

    EconomyFeatures

    compliance in Greece rose by 4.6 percent while the effective VAT rate rose by 0.5 percent during... VAT rate on all goods and services. This policy gap ratio is split into the ‘rate gap’ that represents... compared to 44.2 percent for the EU average. The rate gap came to 8.4 percent against an EU average

    6%

  6. Newsletter 277 -11/12/2020

    Newsletters

    slight 1 million. 2 Unemployment rate at 16.1 pct in Sept Rate for same period in 2019 stood at 16.9 percent Greece’s seasonally adjusted (SA) unemployment rate came to 16.1 percent in September from... this week. For the same time last year, the unemployment rate came to 16.9 percent. In September

    6%

  7. Newsletter 282 -29/01/2021

    Newsletters

    in October. The VAT collectability rate came to 85.2 percent in November, showing 780.8 million collected out of 916.3 million due. In the first eleven months of the year, the collectability rate came... rate rose to 74.7 percent, with 356.5 million paid out of 477.3 million due. The aggregate

    6%

  8. Greece - On the importance of productivity growth

    Agora

    worker. When we look at the growth rate of real GDP per person, we can see that this closely follows the growth rate of productivity. That is why productivity growth is so crucial for a society’s wellbeing. If the population grows a bit faster than employment, the growth rate of real GDP per capita

    6%

  9. Newsletter 290 - 26/03/2021

    Newsletters

    admissions and the positive rate remains high. The continuing spread of the virus and the increasing... rate stood at 16.2 percent in the fourth quarter (Q4) of the year, unchanged from Q3. The jobless rate... year. The number of persons employed amounted to 3.88 million. The employment rate decreased by 1.2

    6%

  10. Has external competitiveness been fixed in Greece?
    Photo by MacroPolis

    Agora

    measures of Greek external price competitiveness, called the “real effective exchange rate... an “exchange rate” because other countries may use a different currency than Greece... is called the real effective exchange rate (REER). When the REER goes up, it means that domestic

    6%