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PM hails Covid certificate but concerns mount in tourism sector
PoliticsGreek Politicspopulation had received at least one jab (3.28 mln doses) and 16.9% had been fully vaccinated (1.81 mln... this the protection rate in the 70-79 group is barely higher at 68%. In both cases these are among the lowest figures in the EU. The 60-69 age group has reached a rate of 53.1%, while the 50-59
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Marked drop of 50 bps in new time deposit rate in July amid capital controls
EconomyMacroeconomytime deposit rate recorded a marked drop by 50 basis points (bps) to 1.31 percent in July, according..., the Greek time deposit rate remains more than 60 bps above the eurozone average of 0.68 percent...) and France (1.33 percent). Overall, the weighted average rate on new deposits fell by more than 30
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Minor uptick in time deposit and average loan interest rate in June
EconomyMacroeconomyGreek households’ new time deposit rate edged up by 1 basis point (bp) to 0.86 percent in June from... marginal, for the time deposit rate in the course of 2016, which remains close to the historical low it recorded in May and stands almost 30 bps higher than the eurozone average rate of 0.57 percent
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Stable rate in time deposits, corporate loan rates pick up in July
EconomyMacroeconomyGreek households’ new time deposit rate was kept stable at 0.86 percent in July, Bank of Greece (BoG) data showed on Thursday. This rate is hovering around 0.85 to 0.88 percent in the last five... of 10-20 bps in the new time deposit rate by the end of the year. The headline figure in Greece stands
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Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 23.4 percent in June following an upwards revised rate of 23.6 percent in May, Hellenic Statistical Authority (ELSTAT) labour force..., when the unemployment rate stood at 22.6 percent. The number of employed increased by 15,000 month
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Broadly stable rate in time deposits, corporate loan rates fall in Aug
EconomyMacroeconomyGreek households’ new time deposit rate edged up by 1 basis point (bp) to 0.87 percent in August... deposit in Greece remains 34 bps above the euro area average rate of 0.53 percent. Overall, the weighted average rate on all new deposits was kept stable for the second straight month at 0.42 percent
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New overdue taxes rise at lower rate in Apr, total debt at 104.6 bln
EconomyMacroeconomythe total to 2.73 billion euros compared to 2.51 billion in March. The VAT collectability rate..., in the first four months of the year, the VAT collectability rate came to 83.5 percent, with 2.96.... The collectability rate for the month edged down to 55.4 percent from 58.3 percent in March. For the first
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Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 19.2 percent in the first quarter (Q1) of the year, increasing from the rate of 18.7 percent noted in Q4 2018, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. Despite the rise, the unemployment rate for Q1 was below 20
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PM relies on patchwork of measures to keep Covid at bay as jab uptake flags
PoliticsGreek PoliticsThe government continues to press ahead with a patchwork of measures to enforce or encourage vaccination, as uptake appears to have stalled among a significant section of the population. Parliament passed a controversial amendment on Thursday introducin...
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PM warns Covid threat remains as 'wall of immunity' still being built
PoliticsGreek Politicspatients dropping to 656 after peaking at well over 800 in recent weeks, and the positivity rate... that more than 50% of residents have been vaccinated so far. Similarly, the vaccination rate on many... media post that Greece would need an immunity rate of around 83% to protect itself from
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