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Unemployment falls to 21 pct in July, lowest since Nov 2011
EconomyMacroeconomyrevealed on Thursday. The headline figure means that the jobless rate now stands at its lowest level... market. The SA unemployment rate among women fell by 3.3 pp from last year to 25.3 percent in July. The unemployment rate for men fell to 17.5 percent, down by 2.1 pp year-on-year. The largest drop
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New overdue taxes rise by 610 mln in May, total stock remains above 100 bln for fourth month
EconomyMacroeconomymonth. The VAT collectability rate edged down to 85.3 percent from 85.7 percent previously... to 14.6 million compared to 18 million in April. The collectability rate remained relatively low... tax due increased to 36.6 million compared to 25.6 million. The collectability rate deteriorated
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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...-on-month and by 21,935 year-on-year. The unemployment rate among women fell by 1.5 percentage points (pps
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Unemployment at 18.9 pct in August, unemployed remain under 1 mln
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate fell just below 19 percent to 18.9 percent... (ELSTAT) data showed on Thursday. For the same time last year, the unemployment rate came to 20.8... million, falling by 20,745 month-on-month and by 28,523 year-on-year. The unemployment rate among
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A snapshot of the Greek economy
Agora) exceeded a total of 11.8 billion, driving down the interest rate to 3.9 percent from the initial 4.125... Inflation: Eurostat announced that the inflation rate (Harmonised Index of Consumer Prices[1]) came... and passenger tickets for air transport. Bank Credit and Deposits: In January 2019, the annual growth rate
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Unemployment reaches 16.8 pct in Q4
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 16.8 percent in the fourth quarter quarter (Q4) of the year, increasing from a rate of 16.4 percent noted in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. Compared to the same period last year, the jobless rate
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Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 16.2 percent in the first quarter (Q1) of the year, decreasing from a rate of 16.8 percent noted in Q4, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The jobless rate has declined by 3 percentage points (pps) from
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Newsletter 474 - 05/09/2025
scale reforms that will favour incomes between 10,000 and 50,000 euros, with a more progressive tax rate and moving up the threshold of the top tax rate of 44 pct from 40,000 euros to 50,000 euros... million jobs. The unemployment rate peaked in the end of 2013 just short of 28 pct. The latest
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Finance Ministry scrambles to correct property tax after error-strewn debut
EconomyMacroeconomythe move because levying through electricity bills led to a high collection rate. The previous tax... to a collection rate exceeding 80 percent. The amount is higher for ENFIA compared to the property levy because of the wider tax base, which now includes plots of land and agricultural holdings. The MoF said
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Growth strategy sets out reform targets, broad policies for post-MoU era
EconomyProgrammethat took hold during the crisis. Growth rate Despite revisions by the European Commission and lower... of the employment rate by 7.4 percentage points, causing it to fall to around 14 percent from 21.4 percent...) that was put in place to oversee the development and revenue generation of all state assets and holdings
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