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Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
EconomyMacroeconomy, the jobless rate has declined by 2 percentage points (pp) from the Q2 2016 figure of 23.1 percent...The Greek non-seasonally-adjusted unemployment rate fell to 21.1 percent in the second quarter (Q2...). The unemployment rate for males declined by 1.7 pp to 17.7 percent while the rate for females fell at a faster
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Greek tax rate hikes among highest in OECD countries, tax report shows
EconomyFeaturesThe OECD’s annual Revenue Statistics report on tax has revealed that Greece’s tax to GDP ratio..., below the OECD average of 33.8 percent. The country’s rate began to overtake the OECD average from 2010... the rate by 2017 had climbed to 39.4 percent, 5.2 pps above the OECD average. Between 2007 and 2017
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Newsletter 51 - 12/11/2015
. It is noteworthy that, although the ECB’s Single Supervisory Mechanism (SSM) has not formally responded... and the LME would be accepted as capital mitigating actions. Alpha has announced an equity raising... an initial indication on November 3, Eurobank announced on November 12 that it has received
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Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
PoliticsForeign Policytransgressions by Turkey. Greece has launched a new round of diplomatic contacts with the aim... outlining areas of the Greek continental shelf where the Turkish Petroleum Corporation (TPAO) has applied for exploration permits. According to diplomatic sources in Athens, the Foreign Ministry has
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Newsletter 249 -08/05/2020
Minister Haris Theoharis, who has spoken of capitalising on the boost to the country’s brand image... and restaurateurs also voiced their displeasure with the continued restrictions on their businesses by holding... Weighted average interest rate on new deposits 0.15 percent The overall weighted average interest rate
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Newsletter 149 -2/02/2018
a composite name being agreed. SYRIZA has tried to highlight the contradictions within New.... saying he would accept a composite name for Greece’s neighbour. However, the demonstration has... at this stage. While the ANEL leader has to play to his small, nationalist gallery, it is also clear
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Athens seeking Mitsotakis-Erdogan talks as Ankara suggests arbitration for disputes
PoliticsForeign Policyintends to make a substantial re-start in Greek–Turkish relations he has to prove it through actions... numerous behind-the-scenes talks between the two sides, but no government has ever suggested openly any... the differences with Turkey has always been a kind of taboo. Greek governments have always favoured the so
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Ankara springs surprise on Athens with Libya maritime deal
PoliticsForeign PolicyDirectorate. This new move by Ankara has caused concern in Athens, which is considering how it should react.... Turkey has already shown its annoyance at the trilateral understanding between the three countries... explanations. Foreign Minister Nikos Dendias has briefed his counterparts from Cyprus and Egypt about
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Athens and Ankara keep ties ticking over pending elections
PoliticsForeign PolicyParty (AKP) rule, the opposition led by Republican People’s Party (CHP) leader Kemal Kilicdaroglu has a shot at winning both races as it has reportedly been endorsed by the outlawed Kurdistan Workers... to be different. Ankara’s approach to this matter has been very clear, especially following the collapse
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Greece and Turkey move ahead with talks on Confidence Building Measures
PoliticsForeign Policythat divide us and on which we clearly disagree.” This has been the first time since February 2023 that Ankara has returned to implicit but clear threats of using military force to prevent Athens from... dialogue. Ankara has brought back its theory of the “grey zones” in the Aegean Sea. However, following
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