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  1. Covid recession bumped pension spending to 18 pct of GDP in 2020
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Total age-related expenditure amounted to 26.4 percent of gross domestic product last year... in total factor productivity – a residual in growth accounting that usually attributed..., and stay above 1 percent until 2070. That would require a highly successful transformation

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  2. Govt on alert for possible fallout from tapering of pandemic relief measures
    Photo by MacroPolis

    PoliticsGreek Politics

    obligations. The repayment period will reportedly stretch up to 72 months. In total, more than 40 billion... and business deposits by 10 billion, a total of 22.5 billion. This is a 14 pct rise since January 2020... added to the total in 2020 and another 2.3 billion euros in the first quarter of this year

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  3. Newsletter 354 - 07/10/2022

    Newsletters

    -right parties are polling between 7 and 10 pct of the total vote and if more than one... the government build a buffer of around 1 billion euros that could be spent on energy subsidies should..., where indirect taxes of 31.47 billion euros are expected in 2022, out of a total of 54.61 billion euros

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  4. Q3 unemployment of 11.6 pct is lowest rate since Q1 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    -term unemployed (more than 1 year) came to 349,500 people, representing 62.9 percent of the total... the Q3 2021 figure of 13 percent. A total of 555,567 were registered as unemployed in Q3... (19.1 percent). Part-time employment was 7.2 percent of total, while the share of persons

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  5. Q2 unemployment rate drops to 11.2 pct, employed increased by 3.4 pct QoQ
    Photo by MacroPolis

    EconomyMacroeconomy

    . A total of 533,341 were registered as unemployed in Q2, decreasing by 3.1 percent from... percent. The number of long-term unemployed (more than 1 year) came to 319,400 people, representing 59.9 percent of the total unemployed. Alarmingly, the largest portion, 140,600, has not worked for more

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  6. Labour market comes to rest, unemployment at 10.5 pct in Q4
    Photo via https://flic.kr/p/2cusZTV

    EconomyMacroeconomy

    . A total of 488,667 were registered as unemployed in Q4, decreasing by 5 percent from the previous... was in the Southern Aegean at 4.2 percent. The number of long-term unemployed (more than 1 year) came to 248,200 people, representing 50.8 percent of the total unemployed. Alarmingly, the largest portion

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  7. Q1 unemployment rises to 12.1 pct due to seasonal causes

    EconomyMacroeconomy

    . A total of 574,130 were registered as unemployed in Q1, increasing by 17.5 percent from... rate was in the Northern Aegean at 7.7 percent. The number of long-term unemployed (more than 1 year) came to 298,700 people, representing 52 percent of the total unemployed. Alarmingly, the largest

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  8. Hotel and catering jobs propel May hiring balance to new record

    EconomyMacroeconomy

    is the highest since the records began in 2001, beating the previous high of May 2017. Total hirings... of the total, with the remaining classed as layoffs and termination of contracts. Layoffs are down..., the hiring balance was positive by 315,247 jobs, improving by 39,090 jobs year-on-year. Total hires were

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  9. Boosted by seasonal jobs, unemployment at 9 pct in Q3 - lowest since 2009
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    movements in the labour market during the high tourism season in Q3. A total of 482,424 were recorded... Aegean at 3.1 percent. The number of long-term unemployed (more than 1 year) came to 242,000 people, representing 56.5 percent of the total unemployed. Alarmingly, the largest portion, 102,400, has

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  10. PM convenes emergency meeting to work out tariff response strategy
    By Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    in the global economy mean that Greece has to find new destinations for its exports. Total Greek exports... put their total value at less than 50 billion euros. Government officials have been trying to dampen... Yannis Stournaras said Trump's tariff measures could slow euro area growth by 0.5 to 1 percentage points

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