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  1. Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    The Greek non-seasonally-adjusted unemployment rate fell to 20.2 percent in the third quarter (Q3..., the jobless rate has declined by 2.4 percentage points (pp) from the Q3 2016 figure of 22.6 percent...). The unemployment rate for males declined annually by 3.4 pp to 16.5 percent while the rate for females fell

    24%

  2. VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
    Photo by MacroPolis

    EconomyFeatures

    in revenues with VAT increases in 2016 which took the rate from 23 percent to 24 percent in July.... In percentage terms, the VAT gap rate in 2016 has remained unchanged as compared to 2012. Year-on-year... a uniform VAT rate on all goods and services. This policy gap ratio is split into the ‘rate gap

    24%

  3. Greek tax rate hikes among highest in OECD countries, tax report shows
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    , 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, tax revenues in Greece rose by 8.2 pps from 31.2 percent to 39.4 percent. As mentioned, Greece’s rate

    24%

  4. Kammenos's odd partnership with Tsipras still holding together
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Defence Minister Panos Kammenos was re-elected as leader of SYRIZA’s coalition partner Independent Greeks (ANEL) over the weekend, while also managing to highlight the odd nature of the cooperation between the two parties. There had been reports that Ka...

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  5. Greece, creditors seek progress at Eurogroup on key differences holding up review
    Photo via Fosphotos

    EconomyProgramme

    Greece and its lenders head into Monday’s Eurogroup with differences on several key issues that will have to be resolved if the second review is to conclude in the days ahead. The Greek ministers and the institutions’ mission chiefs held a lengthy telec...

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  6. Greece braces for Middle East fallout as polls show ND holding firm despite voter unease
    Image: https://flic.kr/p/2j6Tdii

    PoliticsGreek Politics

    New Democracy enters this new phase of the Middle East crisis with a solid polling advantage but a visibly unsettled electorate. Two fresh surveys place the governing party at 31.1 pct in their vote‑estimate models but they also reveal overwhelming publ...

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  7. Macroeconomic fundamentals for Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    rolled over, from friendly governments holding at a discounted rate to market interest rates.... For instance, in managing the macroeconomy, one may talk about the level and growth rate of potential real GDP... underneath this development is the participation rate (PR= LF/WAP). Greece’s PR has always been low

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  8. Long-term jobless rate of 71 pct poses new set of social challenges for Greece

    Society

    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... unemployment is nothing new in Greece, which has had a long standing problem with this issue. The rate

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  9. At risk of poverty/social exclusion rate in Greece edged up to 36 pct in 2013
    Photo by Harry van Versendaal

    Society

    points to a fall in the at-risk-of-poverty rate for children aged 0–17 years amounted to 25.5 percent..., the risk-of-poverty rate for people aged 65 years and over remained constant at 14.9 percent. When social...-of-poverty rate, reducing the risk by 30.1 percentage points alone while social benefits contribute

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  10. IMF upgrades Greece’s GDP and unemployment rate estimates
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    was upbeat in its estimates regarding Greece’s GDP and unemployment rate, upgrading its previous... to record a growth rate of 0.7 and 3.7 percent respectively. The IMF also adopted a more optimistic stance on Greece’s unemployment rate which is now seen lower by 1.7 percentage points to 23.3 percent

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