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Special ELSTAT report reveals dramatic changes in labour market since 1980s
EconomyMacroeconomy. During the current crisis, the jobless rate more than tripled. It peaked at 27.5 percent in 2013 but has decreased by more than 2.5 percentage points (pp) since then, falling to 24.9 percent in 2015... (less than 5 months) exceeded the long-term figure. Long-term to total unemployment started rising
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Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
EconomyMacroeconomyof 1.07 billion in March following a surplus of more than 1 billion recorded in each of the previous two... in March, mostly due to higher direct taxes, which came in 131 million better than target. Overall... of target by 69 million. The better than expected performance of direct taxes is mainly attributed to higher
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Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April
EconomyMacroeconomylower than the target. In addition, gross revenues (revenues before tax refunds) beat the target by 534... lower than the target. The monthly primary balance recorded a surplus of 656 million in April from... million lower than the target. This is fully attributed to indirect taxes, which were 178 million
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Where is Greek growth coming from?
Agorawere moderate, but, gradually, the economy showed progress toward more positive than negative real..., activity at the end of the year will be higher than at the average of the year. This difference... it is less than 75 percent of GDP. This also means that saving in Greece (GDP - C) is much lower
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Newsletter 38 - 07/08/2015
change in the way individuals manage their cash. For more than three weeks, they could withdraw only... cards, Eurobank 170,000 and National Bank more than 400,000, while Piraeus officially announced... and handled an average of more than 100,000 online transactions per day, implying a substantial Banks
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Greece lags in basic skills for youth but improves in educational attainment
Societyearly than for native-born pupils (24.1 percent against 6.8 percent in 2015), the situation remains... of education, the survey also found, with a great proportion of third-level graduates in jobs than those... in Greece for the medium and higher educated than in the EU on average. While the employment rate
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Communication prices in Greece highest in EU27
Societywere found to be 65.9 percent higher than the EU average. This is an increase since 2018, when the price was 56.2 percent higher. Food prices in Greece were 2.5 percent higher than the EU average and alcoholic beverages and tobacco were 0.6 percent higher than the average. In 2018, food prices were 5
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Public sector capital stock in Greece and the Euro-19
Agora, it is thus possible that Greece may need a slightly bigger capital stock relative to GDP than more... less in Greece than in contiguous countries of the euro-19 that do not need to build separate capital..., as GDP declines in Greece more than proportional to the economic cycle for the euro-19 countries
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Where is Odysseus? Part 4 - Unemployment and Employment
Agorathat the future population is still expected to decline, but to be slightly bigger than in the data from 2018... to be bigger than was initially thought in 2018. In blog 18, we calculated the labor force out of the working-age population. Again, we found a larger labor force than was assumed in 2018, in the baseline
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Where is Odysseus? Part 5 - Productivity
Agorathat the future population is expected to be slightly bigger than in the data from 2018. Consequently, in blog 17, the working-age population, on baseline, was also projected to be bigger than initially thought in 2018. In blog 18, we found a slightly larger labor force than was assumed in 2018. Finally
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