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Labour market developments in Greece during Covid-19
Agoraif the available total labour supply is rising or declining as a percent of the working-age population? ELSTAT once... force participation. Higher participation rates imply that Greece can employ more citizens... the unemployment rate, the total level of employment - or its growth - tells us the story of how far the Greek
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Newsletter 279 - 05/03/2021
Covid-19 cases – the highest daily total so far this year – while seven hospitals in Athens ran out... from 1,673 in mid-February to over 2,100, while 90 Covid ICU beds have been added bringing the total... continued to contract in February, with the rates of decline accelerating. The downturn was linked
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Amid promising signs for tourism, govt hedges its bets with targeted support
PoliticsGreek Politics, the government announced that it would be making available a total of 420 million euros in grants to tourism..., tax-free. Out of the total, 350 million euros will be allocated to SMEs, 50 million to large hotels.... Covid Infection rates, hospitalisations and deaths from Covid-19 in Greece are continuing their gradual
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MTFS forecasts growth of up to 6.2 pct in swift economic recovery from Covid
EconomyMacroeconomyhad on the Greek budget, with a total of 33 billion euros of support committed in 2020 and 2021 - 17.4... euros and 1.05 billion euros this year. Deferrals of tax obligations total 1.7 billion euros in last... sustainable growth rates from this year, exiting the enhanced surveillance framework in 2022, single
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Newsletter 302 - 18/06/2021
cost the pandemic had on the Greek budget, with a total of 33 billion euros of support committed... with 5.18 billion euros and 1.05 billion euros this year. Deferrals of tax obligations total 1.7 billion.... These include sustainable growth rates from this year, exiting the enhanced surveillance framework
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Q1 unemployment at 17.1 pct amid drop in employed, rise in inactives
EconomyMacroeconomythree months or if they receive more than 50 percent of their remuneration. A total of 745,400 people... with rates in the region of 22.3 to 22.7 percent. The lowest rate is found in the Peloponnese at 14.2...) representing 58.4 percent of the total unemployed. Alarmingly, the largest portion, 178,100 has not worked
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Govt prepares to increase energy subsidies, lifts most Covid restrictions
PoliticsGreek Politicsis expected to reach a total of 480 million euros by the end of the year, 300 of which will go..., even in areas with high infection rates. The announcement was accompanied by warnings by several... the epidemiological situation will be reassessed. On Wednesday, the total death toll from the pandemic
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Govt hints at more relief, as economy and inflation jostle with pandemic as top public concerns
PoliticsGreek Politicsmillion euros for electricity bills this year has already been expanded to a total of 470 million..., adding up to an extra 200 million euros in total just for electricity consumers. The support... the vaccination message to their voters, particularly in areas with low coverage rates such as northern
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Newsletter 322 - 07/01/2022
precautions. The opposition party argued that infection rates among teenagers are already spiralling.... The Finance Ministry had identified the total fiscal impact of the initiatives to mitigate the pandemic..., who added that it had been cleared by the EU’s competition authorities. The total cost
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Newsletter 343 - 24/06/2022
in 2019. The Finance Ministry has set aside 375 million euros for the latest measures, taking total... for the worst-case scenario of “a total loss of gas supplies from Russia”. On Monday it emerged that gas.... As much as the annual growth rates still have the element of base effects as Greece still had Covid
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