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Quarterly unemployment edges up to 9.5 pct in Q4
EconomyMacroeconomyGreece’s non-seasonally adjusted quarterly unemployment rate picked up in Q4, rising to 9.5 percent... on Friday. The jobless rate in the fourth quarter of 2023 was 10.5 percent. The current levels of the rate are the lowest since Q3 2009 when it stood at 9.4 percent, while the rate remained below 10
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Quarterly unemployment edges up to 10.4 pct in Q1 on back of seasonal factors
EconomyMacroeconomyGreece’s non-seasonally adjusted quarterly unemployment rate picked up in Q1, rising to 10.4... on Thursday. The jobless rate in the first quarter of 2024 was 12.1 percent. The current levels of the rate are the lowest since Q3 2009 when it stood at 9.4 percent, while the rate remained below 10
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How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
Economyproblems. Greek banks are currently holding between 1.8 and 2.6 billion euros in T-Bills each...Following its earlier recommendation to Greek banks not to increase their T-Bill holdings from... of Greek bank holdings and additional purchases by the cash reserves of state controlled companies. Local
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Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
EconomyMacroeconomy) to a Greek supplier on behalf of TAP AG (Greece) and the contribution by D-Marine Investment Holding to the share capital of Home Holdings for the acquisition of Ionian Hotel Enterprises. For the whole... in resident’s external assets in December, mainly stemming from a rise in residents’ holdings of foreign
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Unemployment hit new high of 27.8 pct in October, set to rise further
EconomyMacroeconomyunemployment rate in the 28-member bloc. According to the Hellenic Statistical Agency (ELSTAT), the seasonally adjusted jobless rate in October stood at 27.8 percent from an upwards revised 27.7 percent in the month of September. After the previous months’ revisions, the October rate now holds the new
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Unemployment closes 2013 with new high of 27.5 pct in last quarter
EconomyMacroeconomyThe non-seasonally-adjusted unemployment rate rose to 27.5 percent in Q4, after marginally easing..., and showed the unemployment rate eased to 27.5 percent in December from 27.6 percent in November. The number... profound in the female population with the rate rising to 31.7 percent (from 31.3 percent in Q3
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Tourism helps bring Greek unemployment down to 26.4 pct in July
EconomyMacroeconomyThe seasonally adjusted jobless rate dropped to 26.4 percent in July from a downward revised 26.7... of the strong tourism season. The slowdown of the seasonally-adjusted jobless rate in July reflects a 1..., indicating the fifth consecutive positive reading. Similarly, the YoY rate of decline in the number
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November sees highest MoM drop in employment as headline figure remains at 25.8 pct
Economy-adjusted (NSA) jobless rate rose by 0.6 percentage points (pp) month on month (MoM) to 25.9 percent in November from 25.3 percent in October. The stable movement in November’s SA unemployment rate... in both items showed broadly stable trends. The rate of increase in the number of employed stayed
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Proposed VAT overhaul a stepping stone towards agreement with lenders?
EconomyProgrammecurrently two main VAT rates at 13 and 23 percent and a lower rate of 6.5 percent for hotel.... Varoufakis said that a new unified VAT rate of 18 percent will be applied to most products... card, the new VAT rate of 18 percent will be reduced by 3 percentage points (pp) to 15 percent. A low
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Unemployment unchanged at 25.6 pct in Mar but number of employed still falling
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate remained unchanged at 25.6 percent in March...-seasonally-adjusted (NSA) jobless rate jumped by 1.6 percentage points (pp) to 27.4 percent in March... rate reflects a drop in the number of employed and unemployed by 0.5 and 0.4 percent month on month
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