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  1. Current account balance surplus of 874.4 mln in June shows significant yoy improvement
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Total exports of goods in June came to 2.71 billion euros, against 2.94 billion in June last year, showing a fall of 7.7 percent. At the same time, total imports reached 4.29 billion euros, from 5.01... to a slowdown in export growth while imports continued to grow. Total exports of goods rose by 1.6 percent

    2%

  2. Unemployment edges down again in June, falling to 17 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Year-on-year, the figure for those employed increased by 80,061 or a rise of 2.1 percent. Total... with June 2018 (-0.4 percent). The total inactive population now stands at 3.19 million... when a negative balance of 16,658 was noted. Total hirings came to 250,319 versus 265,010 departures

    2%

  3. Unemployment drops to 16.9 pct in Q2, hitting eight-year low
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    142,200 in those employed, bringing the total to 3.96 million. The largest increase in employment in Q2... for an eighth consecutive quarter to 570,100. Out of the total, long-term unemployed constitute... sectors: wholesale and retail trade (17.3 percent of total), agriculture, forestry and fishing (11.5

    2%

  4. Household expenditure edges up again in 2018, still well below pre-crisis level
    Photo by MacroPolis

    Society

    accounted for 20.2 percent of total expenditure, housing (14.1 percent) and transport (13 percent... percent of the average monthly expenditure of total households. In contrast, the average monthly... by the poorest 20 percent of the population equalled 33.9 percent of total household expenditure, while

    2%

  5. Newsletter 222 -04/10/2019

    Newsletters

    still stood at 45.4 percent of total loans, down from 47.2 percent. Meanwhile, the effects from... for such hotels. For 2019, total losses to Greek hotels stemming from the collapse of Thomas Cook were estimated at 315 million euros. Out of the total, 138.2 million euros relate to pre-collapse amounts, and 52

    2%

  6. Unemployment edges down to 16.9 pct, below 17 pct for first time since 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    . Year-on-year, the figure for those employed increased by 59,599 or a rise of 1.5 percent. Total... percent). The total inactive population now stands at 3.22 million. The unemployment rate among women... month last year, the hirings balance was 3,905 lower this September. Total hirings came to 308,121

    2%

  7. IMF revises fiscal outlook, sees lower primary surpluses in coming years
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    a small surplus over the next three years before a total deficit of 0.5 percent in 2023 and 2024. The IMF..., while it expects to run a total surplus of 0.1 percent next year. In cyclical terms, Greece continues to run a total surplus of 1.7 percent this year and 0.1 percent in 2020, before turning to a deficit

    2%

  8. Govt proposes property VAT reduction to kickstart home sales

    EconomyFeatures

    slow. In the first seven months of this year, building permits rose by 4.5 percent. Total permits..., when the total came to 414.7 million euros. For the first half of 2019, the net amount... to the third quarter of 2019, a total of 5,302 individual residence permits were granted via

    2%

  9. Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
    Finance Ministry

    EconomyMacroeconomy

    , with taxes making up 52.17 billion euros of the total. Taxes on goods and services will be higher... administration total 1.18 billion euros, with the lion’s share coming from lower taxes for corporations... by introducing 1.86 billion euros of total offsetting measures, driven by anticipated 557 million euros

    2%

  10. Government opts for modest tax relief, but who will benefit?

    EconomyFeatures

    just starting out who will be taxed at a lower introductory rate. The total cost of adjusting... to roughly 40 percent of total declared incomes. Business Also included in the tax package is a reduction... percent in 2021. Tax on dividends has been halved from 10 percent to 5 percent, at a total cost of 75

    2%