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Minor movements in Greek deposit and loan rates in April
EconomyMacroeconomyThe interest rate on Greek households’ new time deposits eased by 1 basis point (bp) to 1.82..., and despite the extended outflows of 31.5 billion euros, the time deposit rate has remained at its lowest... around 98 percent of market deposits Although the time deposit rate in Greece is close to its
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Newsletter 91 - 07/10/2016
income tax reform (772 million), changing the rate of and extending the solidarity levy (678 million) and increasing the excise on fuel (440 million) and the VAT rate from 23 to 24 percent (218 million... percent projected by the government and commission. The IMF also sees the unemployment rate edging
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Unemployment in Greece falls to 19.5 pct in May, below 20 pct for first time since Sept 2011
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate in May edged down to 19.5 percent from a downward revised rate of 20 percent in April, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. The unemployment rate in May last year was 21.7 percent. The latest rate is the first time
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Unemployment at 19.1 pct in June, under 20 pct for second month
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate fell to 19.1 percent in June from a downward revised rate of 19.3 percent in May, the Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. The unemployment rate in June last year was 21.3 percent. The latest figure marks the second
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New overdue taxes rise by 1.25 bln in Dec, total for 2018 at 106.62 bln
EconomyMacroeconomynoted in the previous month. The VAT collectability rate rose to 86.7 percent from 81 in December.... On an aggregate basis, the VAT collectability rate for 2018 stood at 83.6 percent with 10.12 billion paid out.... The collectability rate for the month fell to 64.4 percent. Across 2018, the income tax collectability
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Unemployment drops to 16.4 pct in Q3
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 16.4 percent in the third quarter quarter (Q3) of the year, dropping from a rate of 16.9 percent noted in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The current quarter’s rate also remains the lowest
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Newsletter 242 -06/03/2020
in December Rate reaches lowest level since February 2011 Greece’s seasonally adjusted (SA) unemployment rate came to 16.3 percent in December from 16.5 percent in November, Hellenic Statistical Authority’s (ELSTAT) data showed this week. For the same time last year, the unemployment rate came
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Politics trumping economic prudence in Greece
Agorais a holding company that has a rather unimpressive track record of investing in predominantly Greek... with an equity investment in a holding company that risks looking more like a lifeline for MIG than
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EU elections do not mark end of numbers game in Greek politics
PoliticsGreek Politics’ will and how seats are allocated in Parliament. This, he claimed, could only be rectified by holding national elections. Tsipras made the statement after holding talks with Greek President Karolos Papoulias
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Government's strategy unclear as pressure from lenders mounts
PoliticsGreek Politics, given the choice of accepting lenders’ demands, going to snap elections or holding a referendum... percent of To Potami voters and 21 percent of New Democracy voters. Holding a referendum was the most
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