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Unemployment falls to 9.2 pct in Dec amid big YoY drop in number of out-of-job workers
EconomyMacroeconomycompared with the same month of 2022, amounting to 430,088, a drop of 25.4 percent. Unemployment has... the rate for men stood at 7.1 percent, a drop of 1.8 pps year-on-year. Youth unemployment dropped by 8
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Newsletter 382 - 26/05/2023
victory for New Democracy has shaken up Greece’s political landscape and the main opposition party... a bonus of up to 50 seats, is complacency. SYRIZA, meanwhile, faces a period of introspection followed... the 3 pct mark in the second election, it will push up the threshold needed for New Democracy to gain
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Growth in producer prices slows to 29.4 pct in Sep amid another monthly drop
EconomyMacroeconomydata said on Thursday. The index was in negative territory for most of 2020, and up until March..., led by refined petroleum products at 62.5 percent, then electricity and gas up 41.7 percent and paper products that increased by 16.9 percent. Goods sold to the foreign market were up by 36.4 percent
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Greece and the euro: The flight of Icarus
Agoradollars) a month, where civil servants make up less than 20 percent of the workforce and where public... architecture. For Greece, giving up control over its monetary policy meant it could no longer rely... economic model in which the state was omnipresent. The two-party system that had dominated Greek
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Newsletter 211 -21/06/2019
Mitsotakis gearing up for govt Beyong tax cuts, ND lines up range of reforms and overhaul... being lined up will reportedly deal with the public administration, where the performance assessment... plans to appoint a chief of staff as part of his effort to re-model the prime minister’s office
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Promises and challenges of Greece's "green new deal"
EconomyFeaturesRecent announcements promise a radical shake-up of the Greek power sector, with the government... up its renewable generation, starting with 1 GW of wind and solar power by 2024, with the aim... are more ambitious overall: by 2030 renewables should meet 35 percent of the country’s energy demand (up
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CPI at 3.1 pct in Apr as food inflation refuses to drop
EconomyMacroeconomypercent, from a rise of 1.5 percent in March. In April 2023, the CPI was up by 3 percent YoY. The price.... Month-on-month, the HICP was up by 0.9 percent. In April, the annual CPI movement was led by a 5.4... percent and health increased by 3.6 percent. Education was up by 3.5 percent. Housing costs dropped
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Led by energy, producer prices drop by 0.7 pct YoY in June
EconomyMacroeconomy, and manufactured food products increased by 0.6 percent and plastics up by 1.4 percent YoY. Goods sold to the foreign market were up by 4.6 percent YoY, led by pharmaceuticals that increased by 18.1 percent, electronics up by 14.5 percent and food products increased by 13.1 percent. In the broader categories
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Greek banks' Eurosystem funding sees reduced drop of 334 mln in July
EconomyMacroeconomyFollowing a sharp drop by 13.88 billion euros in the preceding two months, Greek banks’ Eurosystem funding eased by just 334 million in July, according to the Bank of Greece's (BoG) monthly financial statement. The outstanding amount landed at 44.62 billion euros at the end of July, from 44.95
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Structural problems and dramatic drop in funding harm mental health care in Greece
SocietyGreece’s mental health and integration systems have been ranked among the worst in 30 European countries due to structural problems before the crisis and a drop in direct funding of 64 percent under austerity, a report published last month has found. The country came 28th in The Economist
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