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Greek jobless rate eases for fourth straight month but still at 26.7 pct
EconomyThe 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.... For all other age groups the unemployment rate has more than tripled over the past 5 years
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Greek trade deficit rises by 7.4 pct in June but rate of increase slows
EconomyMacroeconomyAfter a double-digit rise in the preceding four months, the rate of increase in Greece’s trade... in exports and imports by 11.3 and 9.7 percent respectively. The growth rate in exports... north for the second straight month at 4.19 billion in June. The monthly growth rate of 9.7 percent
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Unemployment rate resumes upward trend to 24.4 pct in Jan
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged up to 24.4 percent in January from 24.3... number has been slashed by 63,000. The unemployment rate among men and women was reduced by more.... The breakdown by age groups displayed an increase in the jobless rate among young Greeks to 51.9 percent
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Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate fell to 21.1 percent in the second quarter (Q2..., the jobless rate has declined by 2 percentage points (pp) from the Q2 2016 figure of 23.1 percent...). The unemployment rate for males declined by 1.7 pp to 17.7 percent while the rate for females fell at a faster
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Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years
EconomyMacroeconomyThe 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
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VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
EconomyFeaturesin 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
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Greek tax rate hikes among highest in OECD countries, tax report shows
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
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Newsletter 478 - 03/10/2025
Karamanlis and former rural development ministers Lefteris Avgenakis and Makis Voridis. Kövesi’s blunt... 34.5 pct.MacroeconomyCharts of the weekUnemployment Greece’s unemployment rate appears.... In August last year the rate was 9.7 pct. The number of employed increased by close to 80,000 to over 4.3
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Newsletter 501 - 03/04/2026
Protection Minister Yiannis Kefalogiannis, Rural Affairs Minister Kostas Tsiaras, Deputy Health... as oil, energy, and raw material prices increased, pushing operating expenses up at the fastest rate... weakened to the lowest in the last year and half. Unemployment The unemployment rate edged up to 8.5 pct
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Kammenos's odd partnership with Tsipras still holding together
PoliticsGreek PoliticsDefence 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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