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Banking on voters’ desire for stability, ND insists ruling majority is still achievable
PoliticsGreek PoliticsAs Greece edges toward national elections expected by summer 2027, the governing New Democracy party is publicly holding firm to its stated ambition of securing an outright parliamentary majority... to be sealed by a simple majority by the next Parliament. With New Democracy holding 156 seats, the path
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Greek banks on cusp of improved liquidity conditions
Agoraand the interest rate is the same as that for the ECB’s deposit facility, i.e. -0.4 percent. During the conference... billion is placed in a term deposit with an interest rate of 0.87 percent (latest Bank of Greece figure... be used after the reinstatement of waiver. However, taking into account banks’ EFSF/ESM holdings
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Q3 unemployment in Greece still at 27 pct despite strong tourism season
EconomyMacroeconomyThe non-seasonally-adjusted unemployment rate eased for the second straight quarter in Q3, falling... are seasonally-adjusted and showed the unemployment rate at 27.4 percent in September from 27.3 percent in August. Since the beginning of the Greek crisis, the unemployment rate has almost tripled from
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Loan rates rebounded in July, deposit rates continued heading south
EconomyMacroeconomyThe interest rate on households’ new time deposits fell by another 11 basis points (bps) to 2.28... and occurred since April, while the rate remained stable in the first quarter of the year. The respective... area periphery countries such as Spain, Portugal and Italy. Overall, the average rate on new deposits
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Unemployment unchanged at 25 pct in July
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate remained stable at 25 percent in July... the jobless figure slightly fell by 0.2 percent leading to a stable evolution in unemployment rate. Compared to the corresponding period last year (YoY), the growth rate in the number of employed slowed
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Minor fluctuations in deposit and loan interest rates in December
EconomyMacroeconomyGreek households’ new time deposit rate edged down by 1 basis point (bp) to 0.70 percent.... The December rate indicates a new record low since 2002, when Greece entered into the eurozone. In the course of 2016, the time deposit rate fell by 32 bps and currently stands 25 bps above the euro area
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Income and living conditions survey shows persisting inequality
Society) are materially deprived. Since 2009 when the material deprivation rate for children was 11.9 percent... the difference, the rate of income inequality in Finland for the same reference year was 3.5. Risk of poverty... the age of 14. The total population’s risk-of-poverty rate was 20.2 percent in 2017, down by 1 percentage
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New overdue taxes rise by 849 mln in August with total stock at 102.81 bln
EconomyMacroeconomythan the increase of 392 million noted in July. The VAT collectability rate declined to 83.8... from 1.23 billion in the previous month. On an aggregate basis, the VAT collectability rate came... million from 995 million. The collectability rate for the month declined to 44.3 percent from 69.4
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New overdue taxes jump by 1.4 bln in Sept, with total stock exceeding 104 bln
EconomyMacroeconomy, lower than the increase of 745 million noted in August. The VAT collectability rate rose to 86.3... in the previous month. On an aggregate basis, the VAT collectability rate came to 84.1 percent.... The collectability rate for the month increased to 69.5 percent from 43.3 percent in August
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New overdue taxes rise by 995 mln in Oct, taking stock to 104.8 bln
EconomyMacroeconomy, an increase on the rise of 513 million seen in September. The VAT collectability rate dipped to 82.4... million in the previous month. On an aggregate basis, the VAT collectability rate came to 83.8... billion. The collectability rate for the month increased to 70.5 percent from 69.4 percent
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