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Six-day work week triggers opposition attack on labour reforms
PoliticsGreek PoliticsThe introduction of the six-day work week has prompted the opposition in Greece to launch an attack... also note that the new regime will entrench the culture of long hours and low productivity that has.... In recent months, the government has introduced a series of measures under pressure from sectors
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PASOK edges into second place as leadership contest takes shape
PoliticsGreek Politicsthat it has overtaken SYRIZA to become the main opposition to New Democracy, which has seen its support... of the result has let Prime Minister Kyriakos Mitsotakis and his government off the hook after New Democracy... that the stance of those in his party who questioned his leadership rather than focus their efforts on holding
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PM tries to isolate protesting farmers, dismisses talk of reshuffle
PoliticsGreek Politics’ unrest has seen thousands of tractors block national roads, with border points obstructed and supply... that the government has already offered substantial support measures. He insisted that negotiations must happen... are involved in the protests. He also went on to claim that some farmers are interested in holding
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Greek Q1 unemployment remains at record quarterly high of 27.8 pct
EconomyMacroeconomyThe non-seasonally-adjusted unemployment rate remained unchanged quarter on quarter in Q1... to the Hellenic Statistical Authority (ELSTAT). The lack of movement in the unemployment rate means that it has remained at a record high – 27.8 percent is the highest quarterly reading. ELSTAT revised all
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New overdue tax obligations up by 1.18 bln in October, total at 99.75 bln
EconomyMacroeconomyof 706 million, the Independent Authority of Public Revenues’ (IAPR) data has revealed. New unpaid.... Around 15 percent of this amount relates to VAT, the collectability rate of which edged down... euros, the amount due for personal income tax declined to 28.3 million, with a collectability rate
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Unemployment continues decrease in Nov, falling to 16.5 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 16.5 percent in November from 16.6... last year, the unemployment rate came to 18.6 percent. The current month’s reading is the lowest... in September 2013, unemployment has shown a fall of 43 percent. The overall labour force came to 4.68
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Unemployment at 16.4 pct in January
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 16.4 percent in January, unchanged from... year, the unemployment rate came to 18.5 percent. During January, employment increased by 27 people.... Since the peak of 1.35 million unemployed in September 2013, unemployment has shown a fall of 43.1
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Unemployment continued downward course in Feb, falling to 16.1 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 16.1 percent in February from... on Thursday. For the same time last year, the unemployment rate came to 18.4 percent. The reading... of 1.35 million unemployed in September 2013, unemployment has declined by 44.7 percent. The overall
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Boosted by seasonal jobs, unemployment at 9 pct in Q3 - lowest since 2009
EconomyMacroeconomyGreece’s non-seasonally adjusted quarterly unemployment rate fell further in Q3, dropping to 9... showed on Thursday. The jobless rate in the third quarter of 2023 was 10.8 percent. This is the lowest quarterly rate since Q3 2009 when it stood at 9.4 percent, while the rate remained below 10 percent
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Quarterly unemployment edges up to 9.5 pct in Q4
EconomyMacroeconomyGreece’s non-seasonally adjusted quarterly unemployment rate picked up in Q4, rising to 9.5 percent... on Friday. The jobless rate in the fourth quarter of 2023 was 10.5 percent. The current levels of the rate are the lowest since Q3 2009 when it stood at 9.4 percent, while the rate remained below 10
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