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Broadly stable rate in time deposits, corporate loan rates fall in Aug
EconomyMacroeconomyGreek households’ new time deposit rate edged up by 1 basis point (bp) to 0.87 percent in August... deposit in Greece remains 34 bps above the euro area average rate of 0.53 percent. Overall, the weighted average rate on all new deposits was kept stable for the second straight month at 0.42 percent
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New overdue taxes rise at lower rate in Apr, total debt at 104.6 bln
EconomyMacroeconomythe total to 2.73 billion euros compared to 2.51 billion in March. The VAT collectability rate..., in the first four months of the year, the VAT collectability rate came to 83.5 percent, with 2.96.... The collectability rate for the month edged down to 55.4 percent from 58.3 percent in March. For the first
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Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 19.2 percent in the first quarter (Q1) of the year, increasing from the rate of 18.7 percent noted in Q4 2018, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. Despite the rise, the unemployment rate for Q1 was below 20
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PM relies on patchwork of measures to keep Covid at bay as jab uptake flags
PoliticsGreek PoliticsThe government continues to press ahead with a patchwork of measures to enforce or encourage vaccination, as uptake appears to have stalled among a significant section of the population. Parliament passed a controversial amendment on Thursday introducin...
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PM warns Covid threat remains as 'wall of immunity' still being built
PoliticsGreek Politicspatients dropping to 656 after peaking at well over 800 in recent weeks, and the positivity rate... that more than 50% of residents have been vaccinated so far. Similarly, the vaccination rate on many... media post that Greece would need an immunity rate of around 83% to protect itself from
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Newsletter 316 - 12/11/2021
for the booster jab, he said that the vaccination certificates for over-60s who have been double... sources. The issues of the death rate and hospital shortages have been taken up with renewed vigour... pct.MacroeconomyCharts of the weekUnemployment Greece’s unemployment rate dropped to 13 pct in September, the lowest
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Unemployment rate eases to 25.4 pct in Feb, as number of unemployed falls
EconomyMacroeconomyThe seasonally adjusted (SA) unemployment rate eased for the second straight month in February... movement was also evident in the non-seasonally-adjusted (NSA) jobless rate, which fell below to 25.8 percent in February. Similarly to January, the monthly change in February’s SA jobless rate
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Drop in corporate loan rates led the average loan rate at a new historic low
EconomyMacroeconomyGreek households’ new time deposit rate remained at 1.81 percent in June unchanged from... outflows of around 43 billion since December, the rate on new time deposits was kept stable over..., the time deposit rate climbed to 5 percent amid strong competition mainly led by the smaller banks
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Unemployment rate falls for second straight month, reaching 23.2 pct in July
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped for the second successive month in July... reading since March 2012, when the jobless rate stood at 22.6 percent. Compared to the previous month...) unemployment rate, which strips out the smoothing effect of statistical variation, remained stable at 22.6
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Unemployment rate falls to 19 pct in Q2
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 19 percent in the second quarter (Q2) of the year, dropping from the rate of 21.2 percent registered in Q1, Hellenic Statistical Authority... that the rate of unemployment has fallen under 20 percent. Compared to the same period last year
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