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Unemployment drops to 16.3 pct in December
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 16.3 percent in December from 16.5... time last year, the unemployment rate came to 18.5 percent. The current month’s reading is the lowest... 2018 (+0.5 percent). The total inactive population now stands at 3.25 million. The unemployment rate
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Poverty declined in 2018, births continued to lag behind deaths
Society. The number of healthy years for men has risen from 8 years in 2016 , while the rate for women has remained unchanged. This worked out to a rate of 44 percent healthy life years post 65 for men and 36... percent of adults (18-59 years) live in a jobless household. In 2008, the rate stood at 3.6 percent
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Unemployment at 16.2 pct in Q3
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 16.2 percent in the third quarter (Q3) of the year, dropping from a rate of 16.7 percent noted in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The jobless rate has declined by 0.2 percentage points (pps) from
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Unemployment broadly unchanged at 13.2 pct in Q4
EconomyMacroeconomyMovement in Greece’s non-seasonally adjusted unemployment rate paused in the final quarter of last... Authority (ELSTAT) figures showed on Wednesday. The jobless rate dropped by 3 percentage points (pps... to a labour force rate of 51.6 percent. Those who are inactive below the age of 75 came to 3.19 million
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Boosted by seasonal factors, quarterly unemployment drops below 10 pct for first time since 2009
EconomyMacroeconomyGreece’s non-seasonally adjusted quarterly unemployment rate fell sharply in Q2, dropping to 9.8... showed on Thursday. The jobless rate in the second quarter of 2023 was 11.2 percent. This is the first time that the quarterly rate dropped below 10 pct since Q3 2009 when it stood at 9.4 percent
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Banks’ EFSF bonds QE eligible but with little impact on liquidity
Economyin the programme. The bulk of banks’ EFSF bond holding were used until now as collateral for ECB funding... for the participation of Greek banks’ EFSF bond holdings in ECB quantitative easing (QE) in the context of its Public... shows Piraeus has the largest EFSF bond holdings of 14.26 billion euros at the end of 2015, followed
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Newsletter 365 - 13/01/2023
participation was significantly diluted with the holding at Alpha trimmed to 66.2 pct, in Eurobank to 35.4 pct... of securing a premium of the holdings that will maximise the benefits for the Greek state. Over the course... in NBG and 26.4 pct in Piraeus, essentially the current holdings that are up for divestment. Greek
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HFSF sets out bank divestment strategy, marking final chapter in turbulent story
EconomyBankingwith the holding at Alpha trimmed to 66.2 pct, in Eurobank to 35.4 pct, in NBG to 57.2 pct and in Piraeus... than 5 pct ownership, with the overarching objective of securing a premium of the holdings..., essentially the current holdings that are up for divestment. Greek banks have experienced a rather
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HELPE privatisation moves closer as ROSCO sale is completed
EconomyProgrammeand Dutch company Vitol Holding to progress to the next round. The companies which did not meet the necessary criteria were Alrai Group Holdings Limited, a consortium composed of the companies Carbon... percent of HELPE shares and Paneuropean Oil and Industrial Holdings hold 45.5 percent. The remaining
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Value of HFSF's shareholdings in core Greek banks sinks to 18.5 bln
EconomyBanking, which is lowest holding in the core banks. National Bank From 84.38 percent to 57.24 percent... (unrealized capital gains) of 1.43 billion from bank holdings and warrants. In particular
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