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Percentage of Greeks at risk of poverty or social exclusion edges up to 35.7
Societyexclusion continued to rise in 2013, albeit at a slower rate, and reached 35.7 percent. The number... showed the Greek rate of 35.7 percent is by far the highest among eurozone countries and the second..., the at risk of poverty rate remained at 23.1 percent, unchanged from the previous year, when it had risen
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What this week's VAT changes mean for household budgets and public coffers
EconomyProgrammeincluded a large reshuffling of VAT rates. The new basic VAT rate was set at 23 percent, while a reduced rate of 13 percent and a super-reduced of 6 percent (from 6.5 percent before) were also applied... and services among the three VAT categories. The super-reduced rate includes only pharmaceuticals, books
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Minor changes in Greek deposit and lending interest rates in May
EconomyMacroeconomyGreek households’ new time deposit rate slightly eased for the fifth straight month in May, when... the euro area in 2002 and stands 30 bps above the eurozone average rate of 0.57 percent. The new time deposit rate has dropped by 17 bps year to date and overall by around 100 bps over the past 12 months
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Newsletter 94 - 04/11/2016
20 months. Household deposit rate falls Greek households’ new time deposit rate fell by 8 basis... bps above the eurozone average rate of 0.52 percent. Following the downward trend in the time deposit rate, the weighted average rate on all new deposits edged down by 4 bps to 0.38 percent
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Newsletter 118 - 12/05/2017
increased at a faster pace of 36.2 percent in March, more than double the growth rate of 17.7... time deposit rate edged down 1 basis point (bp) to 0.66 percent in March, Bank of Greece figures revealed. Overall, the weighted average rate on all new deposits remained unchanged at 0.31 percent
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Unemployment falls again in August, edging down to 20.6 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate fell to 20.6 percent in August after a downward.... The headline figure brings the jobless rate to the same level as in November 2011... by 17,128. The unemployment rate among women fell by 3 points from last year to 24.9 percent
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Total overdue tax obligations rise to 100.74 bln, up by 1.19 bln in November
EconomyMacroeconomyincrease of 1.15 billion. Around 18 percent of this amount relates to VAT, the collectability rate of which stood at 81.1 percent, declining against October’s rate of 83.1 percent. Income tax due rose... of income tax levy becoming due in the month. The collectability rate stood at 67.2 percent, improving
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Central Athens shop closures at six-year low, mixed picture in other commercial centres
EconomyFeaturesthe March 2017 survey’s total of 26.3 percent. For Piraeus, the closure rate was 34 percent, down by 0.2 pp YoY. The city of Thessaloniki’s closure rate inched up to 26.3 percent from 26.1 percent in the March 2017 survey. For Patra, a similar rise was noted with the closure rate going from 22.6
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Over one in five Greeks struggled to make ends meet in 2017
Societyto Bulgaria where the rate is 30 percent. The rate in Greece in the previous survey was 22.4 percent... percent. Before this, the rate fluctuated between 11 percent and 19.5 percent. The year with the lowest material deprivation rate was 2009 at 11 percent, shortly before Greece signed up to its first
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Unemployment at 20.1 percent in March
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate in March came to 20.1 percent, falling against...) data showed on Thursday. The unemployment rate in March last year was 22.1 percent. This March's rate is the lowest since October 2011 when it came to 20.2 percent. During the month, employment
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