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Greek unemployment falls for seventh straight month, down to 25.7 pct
EconomyMacroeconomyThe seasonally adjusted (SA) unemployment rate declined for the seventh straight month in September... month to 25.4 percent in September from 25.3 percent in August. The decline in the SA jobless rate... in the preceding three months. The year on year (YoY) performance showed a further acceleration in the rate
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Greek unemployment drops slightly to 25.8 pct in October on lower jobless
EconomyMacroeconomyThe seasonally adjusted (SA) unemployment rate eased for the second successive month to 25.8..., the non-seasonally-adjusted (NSA) jobless rate slightly slipped to 25.3 percent in October from 25.4 percent in September. The recorded drop in the October rate is mainly attributed to a 1.1 percent
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Gov't unveils bill to overhaul pension system, increase income tax revenues
EconomyProgrammefor 39-42 working years. The overall replacement rate for contributory pensions stands at 11.55... percent weight). The social security contribution rate for main pension is set at 20 percent, of which... and pensioners. Self-employed and farmers will pay the whole rate, which would be applied on their declared
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Newsletter 99 - 09/12/2016
interest rate margin of 200 basis points related to the debt buyback and reducing the interest rate.... The premier also said that the government would freeze plans to increase the VAT rate... is mainly due to a decrease in the goods index by 1.5 percent. Unemployment rate edges down Greece’s
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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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