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  1. Unemployment falls to 21.2 pct in June, lowest since Dec 2011
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , representing the highest reading for the year so far. Over the last 12 months, the jobless rate has been... dropped by around 12,039 to 7,242 from 19,281 a year ago. The biggest industry sectors contributing...). The SA unemployment rate among women fell by 2.7 pp from last year to 25.3 percent in June

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  2. Sharp rise of 2.01 bln in July for unpaid taxes

    EconomyMacroeconomy

    half of the year. Income tax due stood at 1.14 billion euros with a collectability rate of 69.3... percent against the figure for the same time last year which stood at 7.62 billion. Just over three quarters of this year’s total (5.72 billion) relates to tax categories. The remainder (2.92 billion

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  3. Third review agenda becoming more complex for Tsipras
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of another 1 percent of GDP from lowering the tax-free ceiling the same year could scupper the prime... of the government’s four-year term, which is in September 2019. To make matters worse for Tsipras... this year’s primary surplus target of 1.75 percent of GDP but it may struggle to convince lenders that next

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  4. Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on Thursday. The latest figure is the lowest reading since Q4 2011. Compared to the same period last year... in Q2 compared to the same period last year was noted in the sector of wholesale and retail trade... year age group declined fastest compared to others in Q2, going down by 5.9 pp to 42.1 percent

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  5. Coalition banks on surplus transfers, waits for Hellenikon verdict
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The government is hoping that the distribution of an ample excess primary surplus from this year’s..., which was submitted to Parliament on Monday. The economic plan foresees this year’s primary surplus... of next year. The draft budget also foresees 2.4 percent growth next year, driven to a large extent

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  6. Unemployment falls to 21 pct in July, lowest since Nov 2011
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at 4.8 million in July, edging up from June to the highest level for the year so far. The latest data... market. The SA unemployment rate among women fell by 3.3 pp from last year to 25.3 percent in July. The unemployment rate for men fell to 17.5 percent, down by 2.1 pp year-on-year. The largest drop

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  7. Athens rushing to reduce arrears and secure 800 mln in bailout funds
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    tabled last Monday, the Finance Ministry outlined the arrears clearance effort that started last year... in July. Up to September this year, the Finance Ministry had transferred for this purpose a total... this year, totalling 1.4 billion euros. The goal is to make an expedited payment on Tuesday 10 October

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  8. Economic sentiment at 98.3 pts in October, consumer confidence drops -0.3 pts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    this year after the successful conclusion of the second programme review, which lifted months of uncertainty and improved the general sentiment. Following fluctuations in the first half of the year... points in October. On a year-to-date basis, the index has gained 13.8 points, having recovered from

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  9. Athens eyes ample cash buffer, prepares for bond swap
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    earlier this year and gives Athens a chance of leaving the bailout without the need for a new loan... year. Finance Minister Euclid Tsakalotos suggested this week that three to four bond issues would take... to roll over its debt. The minister also told the committee that this year’s primary surplus, under

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  10. Adoptions fall by 18.5 pct in 2016 as recent decline continues
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    , where adoptions fell by 42.9 percent year-on-year. This was followed by the region of Attica, where... to 29 in 2016. Last year was the fourth consecutive annual decline. Adoptions have been falling after... were put up for adoption. Adoptees in this category fell by 9.1 percent year-on-year. Children born

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