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  1. Greek households spend greatest share of income on accommodation in EU
    Photo by Harry van Versendaal

    Society

    ranked ninth in terms of the rate of overcrowding in the population as a whole, with just over one..., this was double the rate for the total population. Similarly, 52.1 percent of young people were living in overcrowded conditions, again double the rate for the rest of the population. Interestingly, the ratio

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  2. Study finds contrasting trends in Greek health during crisis
    By Natasha Pandazopoulou/Fosphotos

    Society

    at an average annual rate of 7.8 percent since 2009, compared with 1.6 percent before the crisis... that the birth rate in Greece fell at an average annual rate of 3.9 percent between 2009 and 2015 while

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  3. Significant drop in number of Greek citizenships granted
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    citizens) of another EU country. With a 1.7 naturalisation rate – the ratio of the number of people... per 100 resident foreigners. Naturalisation rate, EU-28 and EFTA, 2015 In 2013, the country’s naturalisation rate hit a high of 3.32. Of the 13,933 new citizens in Greece, the overwhelming majority

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  4. Greece agrees package of measures with IMF, eurozone to seal review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    rate from 22 to 20 percent with an estimated cost of 0.5 percent of GDP, progressive reduction in the solidarity levy rates (0.2 percent of GDP), reduction in the corporate tax rate from 29 to 26 percent... to the reduction in the lowest personal income tax rate from 22 to 20 percent. Privatisations The sMoU

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  5. Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on year (YoY) in Q1, decelerating from the drop rate of 1.1 percent growth posted in Q4. The Q1 rate... respectively, while exports are foreseen rebounding by 3.8 percent, which is a higher rate compared

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  6. Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
    Photo byPanayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at a double-digit rate of 11.2 percent YoY. This entails a positive contribution of inventories... at a similar rate compared to the 4.9 percent rise posted in the previous quarter. The breakdown showed... percent YoY, up from the growth rate of 3.3 percent posted in Q4 2016. Specifically, imports of goods

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  7. Banks meet overall NPE reduction target in Q1 2017, largely on write-offs
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . On the qualitative characteristics of the NPE evolution in Q1, BoG stressed that the default rate has decelerated further, but remains above the 2-percent mark and still exceeds the cure rate. Moreover, the gap between the default and cure rate is higher in business and consumer portfolios. As previously noted

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  8. Newsletter 123 - 16/06/2017

    Newsletters

    slightly in Q1 The jobless rate fell by 1.6 percentage points compared to one year ago The non-seasonally-adjusted unemployment rate edged down to 23.3 percent in Q1 from 23.6 percent in the previous... with the corresponding period a year ago showed that the jobless rate has decreased by 1.6

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  9. Newsletter 129 - 28/07/2017

    Newsletters

    Greece returns to the bond markets Rate of bank credit contraction accelerates for the second... and an offer of a new euro-denominated fixed rate note under English law due in 2022. Following the book... the average expenditure per trip slipped by 1.5 percent to 430 euros. The rate of bank credit

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  10. PMI stays at 50.5 in July with second positive reading in 11 months
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    , despite new business orders not having increased. The rate of expansion in output, though slight... in job creation. Although the rate of growth slowed from that seen in June, it still represents one... at the weakest rate in nine months. A final positive development was noted in business confidence toward output

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