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Unemployment rate edges up to 9.9 pct in July
EconomyMacroeconomyby a significant 7 pps year-on-year to 20 percent, while the rate in the 25-74 years bracket was 9.4 percent
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Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
Economyaverage for cities is roughly 11 pct and under 7 pct for rural areas. Looking at the housing costs... average of under 20 pct. For those earning below the 60 pct of the country’s median income
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Despite lukewarm reaction, PM insists tax cuts will pave way to third term
PoliticsGreek Politicsstudy which showed that only 20 pct of the tax cut would be passed on to consumers, translating.... In terms of the immediate assessment of the package, voters appear split, with just 7 pct saying they do
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OECD report highlights stark contrasts in health system
Societyin an otherwise mixed picture. While self-rated health improved - with just 7 pct of those aged 15 and over.... Spending on medical goods also consumed a hefty 30 pct of the budget, leaving less than 20 pct
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Newsletter 488 - 12/12/2025
they thought it could disrupt the political scene, while 20 pct said they believe it could significantly... share, close to 7 billion euros and just over 39 pct of the total. Tourism follows with around 22 pct
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Q3 unemployment in Greece still at 27 pct despite strong tourism season
EconomyMacroeconomyin the past) increased to 23.3 percent (from 23 percent in Q2). The rise in the ‘long-term’ (>1 year..., which was voted in Parliament on December 7, the Finance Ministry assumes an unemployment rate in 2013... in 2013 also easing by 1 percentage point in 2014, with the Bank of Greece also estimating a similar drop
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Buoyed by troika deal, Greece aims for rapid return to bond markets
Economy) but after the Eurogroup decision on the disbursement of the next tranches (April 1) and new reviews from...) yield dropped below the symbolically important threshold of 7 percent on Tuesday from 7.7 percent in mid... Eurogroup on April 1, the expected start of debt relief negotiations with international creditors
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National Bank follows other Greek lenders' by opting for capital increase
EconomyBankingbillion granted to the Greek state in 2009. These shares are eligible as Core Tier 1 (CT1) capital under... is anticipated to improve its pro-forma 2013 EBA CT1 of 11.2 percent by 7 percentage points to 18.2 percent. Nevertheless, the respective pro-forma Basel III fully loaded Common Equity Tier 1 ratio would land
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Piraeus Bank reports loss of 247 mln for Q1
EconomyBanking). Pre-provision income (PPI) fell 7 percent to 252 million, reflecting a decline in operating income... points QoQ to 109 percent. Eurosystem funding narrowed by 8 billion within Q1 and by a further 1 billion... Core Tier 1 (CET1) stood at 14.4 percent. Taking into account the negative impact from
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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomyreiterated it plans to issue 7- and 10-year bond as well as T-Bills with durations of more than 6... following a downward revised modest growth of 1 percent in 2014) and a higher growth in exports (+5.2... territory in 2014 at -1 percent (from -0.8 percent before), turning to a marginal inflation of 0.3
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