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Unemployment edges down to 16.9 pct, below 17 pct for first time since 2011
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 16.9 percent in July from a slightly... on Thursday. For the same time last year, the unemployment rate came to 19.1 percent. July’s reading is the first time that the unemployment rate has dropped under 17 percent since May 2011, when the reading
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Unemployment edges down to 16.7 pct, lowest since April 2011
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 16.7 percent in August, down from.... For the same time last year, the unemployment rate came to 18.9 percent. August’s reading is the lowest since... inactive population now stands at 3.21 million. The unemployment rate among women fell by 2.9 percentage
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Newsletter 234 -10/01/2020
interest rate edges up to 4.34 pct Greece’s general government (gg) primary cash surplus came to 8.84... (BoG), the overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.34 percent in November, up by 2 basis points (bps) from the rate of 4.32 noted
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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... at 3.33 million. The unemployment rate among women fell by 2.6 percentage points (pps) year-on-year
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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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PDMA readies bond schedule for 2019, with eye on prepayment of IMF loans
Economyof the country’s quota has a rate of close to 4 percent. The reports suggest that the PDMA plans to bring down... buffer, which carries the very low interest rate set by the ESM. According to Greek officials, although... billion euros, matching the Eurosystem’s SMP and ANFA holdings of Greek debt, which are also
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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... front, the initial idea of abolishing the so-called “personal difference” and folding it into core
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BoG shows lower deposit rates and a sharper drop in loan rates in June
EconomyMacroeconomyΤhe interest rate on households’ new time deposits dropped another 14 basis points (bps) to 2.39..., when this rate remained stable, it posted a 42 bps decline in the second quarter of the year. The respective decrease in the rate of new T-Bill issues this year was sharper at 210 to 215 bps
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Troika review begins with fiscal targets and tax breaks in focus
EconomyMacroeconomy) Retaining the VAT rate on food and accommodation services at the lower rate of 13 percent..., the ministry aims at reducing the tax rate on enterprises and sole proprietors from 26 to 20 percent, trimming the solidarity levy by 30 percent and retaining the VAT rate for food and accommodation services
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Greek time deposit rates fall further in August
EconomyMacroeconomyThe interest rate on households’ new time deposits dropped by a further 15 basis points (bps... and 6-month T-Bill issues showed a faster decrease of close to 200 bps. The deviation in the rate... crisis period, the time deposit rate peaked at 5.01 percent in June 2012 and shows a steady declining
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