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Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
EconomyMacroeconomy, the jobless rate has declined by 2 percentage points (pp) from the Q2 2016 figure of 23.1 percent
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Net job hirings turn negative by 14,402 in August to highest aggregate figure on record
EconomyMacroeconomyof 16,128 was recorded, this year’s figure has improved by 1,726. Hirings came to 164,513 versus a total
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Industrial turnover up by 8.6 pct in July, positive for eighth month
EconomyMacroeconomyto -3.7 in August. In the year to date, industry confidence has improved by 2 points.
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Budget primary surplus at 3.54 bln in August, 29 mln off target on tax refunds, low revenues
EconomyMacroeconomy. Compared to August 2016, the state budget deficit has improved by 52.6 percent. Revenues Gross
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Greek competitiveness rank remains low as tax, bureaucracy create obstacles
EconomyFeaturesGreece has dropped one place in this year’s Global Competitiveness Index (GCI), standing at 87 overall out of 137 economies. The 87th spot was occupied by Algeria last year, which this year moved to number 86. The annual report, compiled and released by the World Economic Forum, tracks
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Credit contraction eases to 0.9 pct in August
EconomyMacroeconomy. The balance remained below the 24-billion-euro mark and came to 23.82 billion. There has been credit
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Draft budget sees stronger growth, fiscal targets being met
EconomyMacroeconomyhas transferred to general government bodies an amount of 3.72 billion for arrears clearance, 550
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General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
EconomyMacroeconomythat the figure has fallen below the 50-billion euro mark. The driving factor behind the fall
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Birth rate rises by 1.1 pct in 2016 but remains under 100,000
SocietyHellenic Statistical Authority (ELSTAT) has released statistics which present an overview of demographics and societal trends in Greece in 2016. The report shows that in 2016, a total of 92,898 live births were registered, an increase of 1.1 percent compared to the previous year. However, births
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Unemployment falls to 21 pct in July, lowest since Nov 2011
EconomyMacroeconomyunemployment to stand at 21.9 percent for 2017. The OECD has said that it expects the jobless rate
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