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New overdue taxes jump by 2.01 bln in Feb, total stock climbs to 101.12 bln
EconomyMacroeconomythe more marginal rise of 693 million noted in January. The VAT collectability rate declined to 80.2... compared to 104.1 million in the previous month. The collectability rate also noted an improvement... to 28.9 million from 35.5 million in January, with a collectability rate of 89.9 percent. No amount
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Merkel reluctant to discuss targets as Athens prepares bill with wide-ranging tax cuts
PoliticsGreek Politicsthat will have immediate effect is the tweaking of the VAT rate so that all food products and everything served in the catering sector have a 13 percent rate. Despite the intervention from the previous government to reduce the rate from 24 percent for both, some products, such as coffee served
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Newsletter 218 -06/09/2019
cuts as well as its strategy for attracting investment and boosting the growth rate. The visit... the reduction of the corporate tax rate from 28 to 24 percent and the lowering of the introductory rate... for 11 consecutive months so far. Greece’s seasonally adjusted (SA) unemployment rate came to 17
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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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