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Unemployment drops to 18.1 pct in March
EconomyMacroeconomytime last year, the unemployment rate came to 20.2 percent. Unemployment has continued to slowly fall... the peak of 1.35 million unemployed in September 2013, unemployment has shown a fall of around 36.9... to 22.8 percent. This figure has been in decline since the high of 31.6 percent in May 2013
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Mitsotakis focuses on investment and taxes as ND launches election campaign
PoliticsGreek Politicsleader referred to the fact that SYRIZA has “borrowed” a number of the tax policies set out by New... belatedly to the middle class, which has become a key player in this election, turning its back on SYRIZA... the necessary room for manoeuvre it needs to implement the reforms he has promised. “Opinion polls do not count
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Building permits drop by 14.4 pct in March
EconomyMacroeconomysector has remained subdued in recent years as both private and public construction projects were.... At 15,325 permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However... to -53.6 from -49.5 in April. Compared to the same month last year, construction confidence has risen
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Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
EconomyMacroeconomy, the jobless rate has declined by 2 percentage points (pps) from the Q1 2018 figure of 21.2 percent... aged over 65, where the rate came to 11.2 percent. This group also has the lowest overall rate... has fallen below 600,000 for the first time since Q4 2011 when it stood at 537,300. Part-time
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ND maintains big lead but keeps foot down to counter possible low turnout
PoliticsGreek Politicsthat Mitsotakis has ruled out working with SYRIZA, his sights are set on gaining a parliamentary majority... that some Greeks might not vote and others might consider that the result has already been determined... with safeguarding delicate balances within his party. A complication has emerged over the televised debate
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Greek banks maintain focus on key areas as elections approach
EconomyBankingratio by around 90 bps. The issue has been rated Caa3 by Moody’s and CCC by S&P. According..., the bank has entered into discussions with possible investors of the Mirror portfolio, composed... million euros in serviced loans. In addition, the management of all non-performing loans has been
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Greek graduates still unequipped for job market, study suggests
SocietyThe Hellenic Federation of Enterprises (SEV) has released a study which shows that Greece’s... than evolving and thriving, Greece’s manufacturing sector has not only had to deal with adopting new... of the country,” which has led to a gap between knowledge and skills to fill the vacancies. The main problem
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Unemployment falls to 17.6 pct in April, dipping under 18 pct for first time since Jul 2011
EconomyMacroeconomyunemployed in September 2013, unemployment has shown a fall of around 38.1 percent. The overall labour force... percentage points (pps) year-on-year and came to 21.7 percent. This figure has been in decline since... departures. According to Ergani's data, June has traditionally recorded a positive hiring balance for every
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Building permits increase by 14.6 pct in April
EconomyMacroeconomypercent. Greece’s construction sector has remained subdued in recent years as both private and public... and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed the total for 2017..., construction confidence has fallen by 7.7 points.
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Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
Economy’s debt managers note that this is the first time since 2010 that the country has managed three.... Both the coupon and yield are the lowest the country has achieved for a euro-denominated benchmark... to the final orderbook exceeding 10 billion euros. This was the highest Greece has reached since its return
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