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Unemployment edges upward to 15.5 pct in April
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 15.5 percent in April from a slightly... on Thursday. For the same time last year, the unemployment rate came to 17.5 percent. The current... the peak of 1.35 million unemployed in September 2013, unemployment has declined by 47 percent
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An impossible choice
Agoraresilience and patience in these challenging times has been remarkable and stands in stark contrast... Commission are reluctant to do just that. Instead, they have taken the line of argument to accept holding.... They will be literally holding their future in their own hands while participating in the democratic
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Eurobank sells insurance arm to Fairfax for 316 mln
EconomyBankingEurobank announced on Tuesday that it has reached an agreement with its shareholder Fairfax... and its net asset value (NAV) reached 350 million. Fairfax, a holding company founded in 1985 by its... company based in Greece, holding a share of 41.5 percent, while also controls a 5.02 percent stake
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Tsipras aims to capitalise on debt deal as election talk is revived
PoliticsGreek Politics. Speculation has already begun regarding next year’s pension cuts. The local media reported on Monday... holding elections next year. Holding a vote in 2019 also means that the process of ratifying the name
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PMI at 53.5 pts in July as optimism holds, export orders slow down
EconomyMacroeconomyto be holding into the third quarter of the year. The stable start to the third quarter highlighted a solid... into greater numbers of new hirings in July, continuing a trend that has been observed since May 2017... manufacturing sector’s growth was holding steady, although rates of expansion in output and new orders
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Newsletter 14 - 06/02/2015
the temporary arrangement is in place. The broader agreement, to be clinched before Greece has to pay.... The government has around 1.5 billion euros in cash reserves and about the same amount from general... Parliament, this one will reject them out of hand. Instead, what Varoufakis has indicated that Athens
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North Macedonia's road to Brussels: Breaking the vicious cycle
Agoraof Justice. Last year, however, the road to Brussels was closed once again. Now Bulgaria has set its mind... the process, which has led to a dead-end. At this point, the conditionality policy has been compromised... is simply not ready for new enlargement. With things as they are in the Union, functioning has become
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Newsletter 139 -10/11/2017
will “find the money” to support the tax cuts he has proposed. On Wednesday, in his first speech... and the domestic agenda moves away from issues that are closely linked to the measures Athens has.... The collectability rate stood at 69.4 percent. Corporate income tax due declined slightly from the previous
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New overdue taxes rise by 610 mln in May, total stock remains above 100 bln for fourth month
EconomyMacroeconomycame to 81.6 percent. The IAPR has set a goal for the overall tax collectability rate to reach 84... million, data from the Independent Authority of Public Revenues (IAPR) has shown. The aggregate figure... month. The VAT collectability rate edged down to 85.3 percent from 85.7 percent previously
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Unemployment at 19 pct in July as inactive population increases
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 19 percent from 19.1 percent... year, the unemployment rate came to 20.9 percent. July’s figure marks the fourth consecutive month that unemployment has remained under 20 percent. During the month, employment fell by 32,616 people
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