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Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomyThe interest rate on Greek households’ new time deposits marginally slipped for the second straight..., the time deposit rate remained broadly flat over this 6-month period, close to the lowest level... before June 2012 elections, when the time deposit rate peaked to 5 percent, this time the lack
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Newsletter 66 - 11/03/2016
since mid-August that the ECB did not reduce the ELA cap, which has been lowered 13 times by a total... on border poses biggest problem Prime Minister Alexis Tsipras has staked a big part of his future... refugees in a more orderly fashion. Greece reacted positively to the plan. Athens has been
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Greece and the euro: The flight of Icarus
Agora5 percent next year. The unemployment rate has passed 25 percent. One in two people under 25... has threatened to destroy the euro, pull apart the European Union and cause global financial havoc... of the implications this has for Europe as a whole. The reason I want to concentrate mostly on Greece
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Greek jobless rate eases for fourth straight month but still at 26.7 pct
Economy. For all other age groups the unemployment rate has more than tripled over the past 5 years...The seasonally adjusted jobless rate slipped for the fourth straight month to 26.7 percent... Agency (ELSTAT). Following revisions, the September rate of 27.7 percent now holds the new high
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VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
EconomyFeatures. In percentage terms, the VAT gap rate in 2016 has remained unchanged as compared to 2012. Year-on-year...The European Commission's VAT Gap report has revealed that high rates of VAT in Greece appear... in revenues with VAT increases in 2016 which took the rate from 23 percent to 24 percent in July
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Newsletter 57 - 08/01/2016
euros and at a rate of 33 percent for any income above that. The government has also legislated... in property prices is the single property tax (ENFIA). As the government has agreed.... In specific, the annual income of wage-earners and pensioners is taxed at a rate of 22 percent for income
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Where has the money withdrawn from Greek banks gone?
AgoraSince December, the Greek banking system has been suffering from extended deposit outflows, which reached 26.8 billion euros at the end of March. Almost 90 percent of these withdrawals stemmed from... in March is lower than the peak of 45 billion euros recorded in June 2012, the respective rate
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Long-term jobless rate of 71 pct poses new set of social challenges for Greece
Societyunemployment is nothing new in Greece, which has had a long standing problem with this issue. The rate...There was a time when Greece’s unemployment rate caught the media’s attention as it quadrupled from... the headline rate. One of the most significant numbers can be found when looking at the rate of long
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Unemployment rate at 16.1 pct in Sept
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 16.1 percent in September from... on Thursday. For the same time last year, the unemployment rate came to 16.9 percent. In September, employment... million. The unemployment rate among women fell by 1 percentage point (pps) year-on-year and came
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Unemployment rate broadly stable at 13.3 pct in Oct
EconomyMacroeconomy. In the same month last year, the unemployment rate was 16.4 percent. Greece has not seen an unemployment rate as low as 13 percent since August 2010, just months since it signed its first adjustment...Greece’s seasonally adjusted (SA) unemployment rate stayed broadly stable in October at 13.3
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