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Unemployment drops to 15.9 pct in May, inactive figure also eases to 3.23 mln
EconomyMacroeconomyby more than 168,000 people month-on-month. Year-on-year, the number of employed increased significantly... employed if the duration of their absence was less than three months and they continued to receive.... The inactive population is more than 3 million people, at 3.23 million, is broadly in line with last year
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Stock taking: Where is the Greek economy now?
Agoralong-run visibility is needed. Productivity: We have spent no less than 4 out of 7 previous blogs..., for now, these projections to be too optimistic. Potential growth in Greece is likely to be less than... productivity by hiring people at a faster pace than they contribute to output (this happens
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Tsipras looks for fresh start as Mitsotakis holds election cards
PoliticsGreek Politicscontest sooner rather than later. In this context, his main aims appeared to recast himself as on older, wiser and more moderate politician than in the past and to present his party as being more concerned about the social and economic welfare of the average Greek than the ruling conservatives. Like
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More lost ground made up in Aug as travel surplus nears 3 bln
EconomyMacroeconomyoutbreak, according to Bank of Greece (BoG) data released on Friday. Although performance more than... billion euros for the month, more than doubling year-on-year, from 1.38 billion. Travel payments rose..., to 756.3 euros, however it is much higher than the 595.5 euros average of 2019. Travel receipts from
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Travel receipts of 2.18 bln in Sep as arrivals pick up and spending per trip increases
EconomyMacroeconomymore than doubled, the balance is well below the 2.67 billion euros seen in September 2019. However.... Receipts came to 2.18 billion euros for the month, more than doubling year-on-year, from 867.6 million... increased by 10.7 percent, to 717.6 euros, and much higher than the 551.6 euros average of 2019
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PM opts for risky move with vaccination penalty as Covid threat grows
PoliticsGreek Politicsthan seven months earlier. While the earlier measure was aimed at increasing the number of booster..., Mitsotakis also pointed out that vaccination rates in the over-60 age group in Greece is lower than other... than those in its fellow EU member state. In adopting the measure, apart from shielding
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Despite job losses in Q4 2021, year closes with positive hirings balance
EconomyMacroeconomybalance of 79,129 more departures than hires in November. The balance in December 2020 was positive... balance of 70.048 more firings than hirings. The highest positive balance was noted in May, with 95,166 more hires than departures. Total hirings in December came to 193,008 versus 195,606 departures
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Newsletter 328 - 18/02/2022
on the number. Government sources had already indicated that the rise would be much higher than... and that the revenues earned from visitors this year would be higher than in 2021. The premier’s... in Greece stand at 28.9 pct based on the latest available data for 2020, or more than 3 million people
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Mitsotakis sweeps aside election talk as ND continues to suffer in polls
PoliticsGreek Politicsif it gains around 35 pct of the vote, rather than around 38 pct under the scheme adopted..., when he displayed less than absolute confidence that even with the bonus seats his party would have... by one party or more than one party,” said Mitsotakis, adding that the goal is to achieve stability
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Travel balance improves significantly in first two months of 2022
EconomyMacroeconomywas significantly higher than the 5.4 million euros recorded in February 2021, However, lower than.... Receipts came to 133 million euros for the month, more than four times higher year-on-year, from 33... dropped by 3.4 percent, to 417.6 euros, however, higher than the 351.3 euros average of February 2020
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