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PM insists on 3 pct election threshold, unveils plans to entice diaspora voters
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis appears insistent that he has no plans to change the 3 pct... of fringe parties. However, this does not appear to be under consideration. The New Democracy leader has.... The other variable is the date of the elections. Mitsotakis has insisted that he will see out his second
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Unemployment down for second straight month in August, falls to 24.6 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate fell for the second straight month to 24.6...) labour force survey showed on Thursday. The August jobless rate is the lowest figure since May 2012... the August rate indicates the lowest reading since April 2012. The improving trend in the SA rate
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New overdue taxes rise by 766 mln in Jan, total stock at 99.44 bln
EconomyMacroeconomyto 82.2 percent for December. The IAPR has set a goal for the overall tax collectability rate to reach 84... against the previous month’s figure of 1.26 billion. The VAT collectability rate fell to 83.9 percent... euros in the previous month, while the collectability rate improved to 62.1 percent. Corporate
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Unemployment edges down to 16.8 pct in September
EconomyMacroeconomy. This figure has been in decline since the high of 31.6 percent in May 2013. The unemployment rate for men...Greece’s seasonally adjusted (SA) unemployment rate came to 16.8 percent in September from... on Friday. For the same time last year, the unemployment rate came to 18.8 percent. September’s reading
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Unemployment edges down to 16.6 pct in October
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 16.6 percent in October from 16.8... time last year, the unemployment rate came to 18.5 percent. The current month’s reading is the lowest... in September 2013, unemployment has shown a fall of 39.8 percent. The overall labour force came
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Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead
Agora, similar to the rate posted in Q1. At the same time, the stock of non-performing exposures (NPE... an improvement in the deposit cost. It is worth noting that the new time deposit rate in the Greek market... of Q2 results, two banks guided for a 10-20 basis points reduction in the new time deposit rate
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Newsletter 361 - 02/12/2022
PoliticsPolls show some ND erosion as public tunes in to phonetappingAnother week has passed... cyber unit set up within the National Intelligence Service (EYP) which has been linked in reports... fifth on the subject, challenging him to appear before Parliament to answer questions. Mitsotakis has
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Newsletter 229 -22/11/2019
interest rate environment for Greek debt that has manifested itself throughout this year, with the caveat... of 3.5 percent of GDP in 2020. The EC has an overall favourable view of its cooperation with the new.... As such, the steady interest state assumptions have remained unchanged. To capture this the EC has introduced
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Greece's labour market is austerity's biggest casualty
AgoraGreece has the potential to attain by 2020 a GDP in the region of 330 billion euros and a place... time as the 20th economy in the G20 experiences a depression similar to the one Greece has gone... – the last available quarterly data from ELSTAT – the Greek economy has lost 738,000 jobs, a 16.5
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Unpopular but effective property tax returns for another year
EconomyMacroeconomyThe single property tax (ENFIA) has become one of the most contentious taxes in Greece, adding a notable burden to Greek households since its launch in 2014. However, ENFIA has a relatively high collectability rate compared to the other direct or indirect taxes. Right after the completion
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