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Unemployment edges down again in June, falling to 17 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 17 percent in June from a downward revised rate of 17.1 percent in May, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. For the same time last year, the unemployment rate came to 19.2 percent. June’s reading is the third
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Unemployment drops to 16.9 pct in Q2, hitting eight-year low
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 16.9 percent in the second quarter (Q2) of the year, dropping notably from a rate of 19.2 percent noted in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The current quarter’s rate is the lowest the unemployment
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Where is Odysseus? Part 3 - Participation
Agora. The dashed top line 2018 presents the participation rate as it was envisaged with the data through 2018... increase to 71 percent of the (narrower) WAP. The lower solid line is the participation rate defined... smaller in size. We see, furthermore that in the recent past, the participation rate (PR) has
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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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