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Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 16.7 percent in the second quarter (Q2) of the year, rising from a rate of 16.2 percent noted in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The jobless rate has remained broadly unchanged compared to the Q2
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Apartment prices rise by 4.1 pct in Q2
EconomyMacroeconomyin the Greek market and the increased interest from buyers. Other indicators In other indicators
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Athens "Great Walk" plan scaled back amid criticism
PoliticsGreek Politicsof the Greek capital’s lockdown coupled with the cost of the pilot phase of the project, resulted in a major
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Deposits rise by 421 mln in August as aggregate growth nearly doubles
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 421 billion euros in August, up from inflows of 3.32 billion in July, Bank of Greece (BoG) figures revealed on Friday. The outstanding balance of private sector deposits increased to 151.88 billion euros, reflecting savings of 62.13
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Credit growth in August up by 1.9 pct
EconomyMacroeconomyCredit movement in the Greek private sector rose by 1.9 percent in August after an increase of 1.5 percent in July, Bank of Greece (BoG) figures showed on Friday. The outstanding balance increased to 147.72 billion euros. The latest increase is the highest since July 2010, when the rise in credit
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Household expenditure rises by 2.5 pct in 2019
SocietyThe Hellenic Statistical Authority (ELSTAT) released its findings from the 2019 household budgeting survey which tracked the spending habits of Greek households. The survey sampled 6,180 private households across Greece. The average yearly household expenditure in 2019 amounted to 17,738.64 euros
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Covid-19 inflicts minimal wear and tear for ND as opposition struggles to profit
PoliticsGreek Politicspositivity are taken into account, some Greek regions are still in the green zone – putting them among few
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Revised GDP data shows 1.9 pct growth in 2019, taking 2017-2019 upward streak to nearly 5 pct
EconomyMacroeconomythe adverse scenario of recession close to 9.5 pct and milder recovery next year. The Greek
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Disposable income falls by 11.8 pct YoY in Q2, final consumption down by 12.7 pct
EconomyMacroeconomyGreek household disposable income fell by 11.8 percent year-on-year (YoY) in the second quarter (Q2) of 2020, worsening from the decline of 0.4 percent noted in Q1 2020, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The absolute figure landed at 28.96 billion euros
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Deposits rise by 1.16 bln in September
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 1.16 billion euros in September, up notably from inflows of 421 billion euros in August, Bank of Greece (BoG) figures revealed on Tuesday. The outstanding balance of private sector deposits increased to 153.14 billion euros
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