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  1. Unemployment edges upward to 15.5 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    decreased by 52,221 (-1.3 percent). Total employment stood at 3.86 million people. ELSTAT noted... persons when compared with April 2019 (+4.2 percent). The total inactive population now stands... 45-54, where unemployment fell by 2.2 pps. The employment rate for this age group stands at 12.3

    6%

  2. Receipt losses near 5 bln in first six months as June tourism figures disappoint
    Photo by MacroPolis

    EconomyMacroeconomy

    arrivals. In total, arrivals from the EU 27 countries fell by 92.3 percent YoY to 183,400. Those from... the EU showed a decrease of 74.7 percent to 1 million. In total, arrivals showed a drop of 76.9 percent in the first six months of the year and came to 2.2 million visitors. The aggregate breakdown

    6%

  3. Travel balance falls by 70.9 pct in September as 12.6 bln in receipts vanish in aggregate
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    to around 800 arrivals. In total, arrivals from the EU 27 countries fell by 70.2 percent YoY... to 2.86 billion, reflecting a fall of 79.6 percent YoY. Average expenditure per trip dropped by 2.2... outside the EU showed a decrease of 81 percent to 2.1 million. In total, arrivals showed a drop

    6%

  4. Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    that could throw the baseline scenario off track. Of the total stock of 339 billion euros at the end.... Of the private debt, GGBs were just 13 pct of the total. This is one of the factors that speaks to the great... that in the European Commission’s DSA, the primary surplus path is assumed at 2.2 pct of GDP from 2023 all the way

    6%

  5. Newsletter 303 - 02/07/2021

    Newsletters

    a new tax relief package, even if the primary surplus goal of 2.2 pct of GDP from 2023 onwards remains... during the pandemic (the total state backing during 2020 and 2021 is expected to reach more than 40.... State budget total revenues stood at 19.92 billion euros for the first five months, lower than

    6%

  6. Growth in building activity decelerates to 17.6 pct in June after post-lockdown boom
    Photo by MacroPolis

    EconomyMacroeconomy

    released on Thursday showed. The total number of permits came to 2,082, from 1,771 in June 2020 when... half of the year, building permits rose by 36.7 percent. Total permits in the aggregate period... confidence indicator worsened by 2.2 points month-on-month. Compared to the same month last year

    6%

  7. Travel receipts more than double in 2021, arrivals at 47 pct of 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    being significantly higher than the 2.2 million euros recorded in December last year, the latest... up by 297.6 and 503.4 percent respectively. Visitors from the UK came to 42,900. In total, arrivals... euros in the aggregate period versus 584.4 euros last year and 564 euros in 2019. In total, arrivals

    6%

  8. Unemployment broadly unchanged at 13.2 pct in Q4
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    ) from the Q4 2020 figure of 16.2 percent. A total of 617,431 were registered as unemployed in Q4..., increasing by 1.8 percent compared with the previous quarter and lower by 2.2 percent compared... percent of the total unemployed. Alarmingly, the largest portion, 166,900, has not worked for more

    6%

  9. S&P moves Greece closer to investment grade, puts focus on budget and growth
    Photo by MacroPolis

    Economy

    is expected this year, from the total of roughly 18 billion euros in grants and 13 billion euros... have managed to drop the NPE ratio down to 13 pct of the total stock of last year’s loans... on a 2.2 pct of GDP primary surplus in 2024. The debt-to-GDP ratio is estimated on a sliding path

    6%

  10. Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    , with a sizeable deficit with Russia due to energy, with Russia representing 21.5 pct of Greece’s total... resources will filter through the economy, pushing up investment spending by 21.5 pct and a total growth... and then close to the agreed levels with the lenders of a surplus in the region of 2.2 pct, rising

    6%