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Q2 unemployment rate drops to 11.2 pct, employed increased by 3.4 pct QoQ
EconomyMacroeconomypercent. The number of long-term unemployed (more than 1 year) came to 319,400 people, representing 59.9... than four years, though it dropped sharply by 13.8 percent year-on-year. Most of the employed
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Newsletter 393 - 15/09/2023
that things could be much worse than they are now. There is a feeling in the opposition camps... to abandon the belief that this government is more professional than previous administrations
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Tax revenues continue to outperform in Aug, as ministry explains frugal approach
EconomyMacroeconomy. The overall balance is better than the target by 2.32 billion euros. Revenues Net revenues... to 4.52 billion euros, 772 million more than the target. The Finance Ministry made a specific effort
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Controversial labour law set to usher in radical changes to employment practices
PoliticsGreek Politicsflexibility for workers to supplement their income by working for more than one employer. Labour Minister... in Europe, while more than half of new jobs are part-time. The is the first major legislative push
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Tax revenues beat target by 3.16 bln in Sep, as contained spending leads to 6 bln primary surplus
EconomyMacroeconomyin September 2022. The overall balance is better than the target by 2.3 billion euros. Revenues Net revenues... to 4.99 billion euros, 561 million more than the target. The Finance Ministry made a specific effort
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Alpha-UniCredit deal marks step change in developments for banking sector
EconomyBankingof more than 90 pct of Alpha Bank’s business in the country. This will create the third largest bank... event in the Greek banking sector, which went through turbulence for more than a decade and prompted
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Government braces for self-employed tax protests, but insists on soundness of measure
PoliticsGreek Politicsperson earns less than someone on the minimum wage and, therefore, pays less tax as well. Currently, roughly seven in 10 self-employed declare incomes that are lower than the equivalent amount someone
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SYRIZA and PASOK join forces to pressure govt as polls show gap between them narrowing
PoliticsGreek Politicsless than 1 point behind them at 12.7 percent, up from 11.8 percent in September. Communist party... of living are not helping at all, and a further 33 percent say they have little effect. More than one
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Budget continues to outperform in Oct, paving way for 350 mln Christmas handout
EconomyMacroeconomy. The overall balance is better than the target by 3 billion euros. Revenues Net revenues... billion euros, 545 million more than the target. The Finance Ministry made a specific effort in last
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Greece offers to assist in Gaza humanitarian effort
PoliticsForeign PolicyGreece has made itself available for humanitarian assistance for the people of Gaza but continues to adopt a more cautious approach regarding the conflict than other European capitals. It took more than a month for a Greek official to visit the West Bank following the Hamas terrorist attack
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