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Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 16.7 percent in the second quarter (Q2) of the year, rising from a rate of 16.2 percent noted in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The jobless rate has remained broadly unchanged compared to the Q2
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Q3 unemployment in Greece still at 27 pct despite strong tourism season
EconomyMacroeconomyare seasonally-adjusted and showed the unemployment rate at 27.4 percent in September from 27.3 percent in August. Since the beginning of the Greek crisis, the unemployment rate has almost tripled from...The non-seasonally-adjusted unemployment rate eased for the second straight quarter in Q3, falling
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Unemployment unchanged at 25 pct in July
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate remained stable at 25 percent in July... the jobless figure slightly fell by 0.2 percent leading to a stable evolution in unemployment rate. Compared to the corresponding period last year (YoY), the growth rate in the number of employed slowed
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Athens turns attention to Libya, advocates EastMed energy cooperation
PoliticsForeign Policyanother trilateral meeting between Greece, Cyprus and Egypt produced has been undoubtedly..., such an ambitious plan has one significant pre-requisite: the stability of the region. But on the other hand..., as the current crisis has shown, is weak, with the continent essentially dependent on Moscow, which seems
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Newsletter 462 - 16/05/2025
PoliticsND claims upper hand as Tempe dominates debate againThe Tempe issue has once again surged... finds no evidence of an illegal load, a conclusion the government has cited in dismissing conspiracy... intend to pursue felony charges against Karamanlis - an effort the government has vowed to reject. New
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Newsletter 491 - 23/01/2026
Mitsotakis in a difficult position as his administration has made a point of trying to court the US... response to every twist in transatlantic politics. Mitsotakis has been eager to showcase renewed warmth from Washington, especially on energy cooperation, but the Greenland episode has forced him
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Newsletter 502 - 24/04/2026
this week confirmed that support for New Democracy has slipped back to pre‑Iran war levels, erasing... the appointment and resignation of Makarios Lazaridis as deputy agriculture minister - has punctured the government’s sense of stability. Crucially, the drop has not translated into gains for any major
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Negotiations between Greece and lenders: state of play ahead of Eurogroup meeting
EconomyProgrammeand legislated before the conclusion of the review. The government has clarified the coalition lawmakers.... The government has detailed two-thirds of those measures namely those related to the pension and income tax... in the personal income tax scale the government has included in the draft bill. On the pension
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PM prepares to finalise relief package as talk of electoral tweak gathers pace
PoliticsGreek Politicsand 20,000 euros and an upward shift in the threshold above which the top 44 percent rate applies. Families... to disburse some 1.5 billion euros that has been ringfenced for the TIF announcement, which ND officials... parliamentary majority. Although the prime minister has repeatedly and emphatically denied any
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Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
EconomyMacroeconomy(ELSTAT) figures showed on Thursday. The jobless rate has declined by 3 percentage points (pps) from... at 34.5 percent. This bracket has overtaken the 15-19 age group as having the highest rate...The Greek non-seasonally-adjusted unemployment rate stood at 16.2 percent in the first quarter (Q1
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