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Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
EconomyMacroeconomypace by 2.2 pp to 25.4 percent. The breakdown by age revealed that the jobless rate among the 20-24... unemployed (over 1 year) fell to 752,000 for a second straight quarter. Out of the total, long-term... and retail trade (18 percent of total), agricultural (12.1 percent), accommodation and food services (9.9
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Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall
EconomyMacroeconomy, while income tax revenues rose by 2.2 percent. In total, tax revenues beat their target by 359 million... total by 1.9 percent. Proceeds from privatisations for the full year were confirmed at 1.30 billion
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Unemployment rate at 20.9 pct in November, slight upward revision for October
EconomyMacroeconomy, with the total for those employed standing at 3.8 million. On a year-on-year basis, the figure... against the previous year, and is the fourth consecutive month since October 2011 where the total... and 17.3 percent, respectively. Unemployment for those aged 45-54 fell by 2.2 pp to 16.6 percent
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Newsletter 150 -26/01/2018
in 2017. Revenue from taxes dropped by 2.2 percent to 47.40 billion, while social security contributions... was noted versus the previous month, with the total for those employed standing at 3.8 million. On a year... since October 2011 where the total number of unemployed has stayed below the 1-million mark. The overall
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Newsletter 155 -16/03/2018
. The issue before that had a much milder borrowing cost of 2.2 percent. The new issue falls also under... for the month showed that ELA funding made up around 59.9 percent of the total liquidity. The BoG figures also revealed that banknotes in circulation fell by 1.31 billion to 34.56 billion, the lowest total
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Greek hourly labour costs less than half of eurozone average
EconomyFeaturesand the highest in Denmark at 42.50 euros. Compared to 2016, labour costs in Greece rose by 2.2 percent against an EU average rise of 2.3 percent. As a percent of the total, non-wage costs make up 25.7 percent of the total labour costs for Greece, slightly above the EU average of 24 percent. Although
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GDP up by 2.3 pct year-on-year in Q1 on strong export growth
EconomyMacroeconomyconsumption represents the majority of GDP, making up 88.1 percent of the total figure in Q1... represents almost 21 percent of the total. The latest MoF budget tabled at the end of 2018 estimates... conservative at 2.2 percent.
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Banks meet NPE targets in Q1 but mortgage reductions remain slow
EconomyMacroeconomyloans (target: 50 percent) and 43.9 percent for residential loans (target: 43.2 percent). The total... 2017 until the end of 2019, which is more ambitious than the initial target by 2.2 billion... at an additional amount of 4.7 billion, bringing the total amount of loan sales for the period
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August current account shows surplus of 1.56 bln as deficit in primary income account grows
EconomyMacroeconomypercent YoY. BoG noted that at constant prices, total exports of goods rose by 15.8 percent, and total imports by 6.1 percent. In absolute terms, imports came to 4.24 billion and exports to 2.54... in liabilities was driven by a rise of 2.2 billion in non-residents holdings of Greek government bonds
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Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
EconomyMacroeconomyin September. These fiscal interventions total 910 million euros, nearly evenly split between lowering... main categories, with tax revenues increasing by 2.2 percent year on year to 46.42 billion euros... disbursements earmarked to build a total buffer in the region of 26 billion euros so Greece could be fully
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