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Quarterly unemployment edges up to 10.4 pct in Q1 on back of seasonal factors
EconomyMacroeconomyGreece’s non-seasonally adjusted quarterly unemployment rate picked up in Q1, rising to 10.4... on Thursday. The jobless rate in the first quarter of 2024 was 12.1 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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Newsletter 29 - 05/06/2015
this year. Those measures mainly involve introducing a new VAT rate of 11 percent for to include... rate of 23 percent. According to the institutions, the The proposed measures would clearly require.... In an effort to cover part of the fiscal gap, the government has proposed to increase
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Is Greece facing a new migration crisis?
SocietyGreece to Turkey since 2016. The rate of deportations has been declining since 2016, with Turkey... of new dangers. The noticeable surge in arrivals over recent weeks has brought the subject of migration back to the top of the political agenda and has put the spotlight on the New Democracy government
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Newsletter 110 - 10/03/2017
, the unemployment rate has decreased 1 percentage point (pp), which is attributed to a modest rise... with a decline in the number of unemployed by 8,600. In 2016, the unemployment rate has decreased 1 percentage... Monetary Fund spokesman Gerry Rice said there has been progress in important areas
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Greek demographic ratios among the worst in Europe
Societyof Europe. Specifically, a fertility rate of 2.1 children per woman is necessary to sustain the population... with a fertility rate of 1.96. Portugal, Spain, Italy, Cyprus and Greece currently have the lowest fertility rates in Europe with 1.3 children per woman. This pattern has remained in place for at least the last
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New Democracy tax pledges put spotlight on available fiscal space
EconomyProgramme, averaging 22 percent. This will have an estimated fiscal impact of 580 million euros. New Democracy has... will lead to an estimated 670 million euros less in revenues next year. Mitsotakis has pledged to further reduce VAT, with the top rate dropping from 24 to 22 percent and the middle rate falling from 13
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Newsletter 321 - 17/12/2021
. This is the lowest unemployment rate Greece has seen since August 2010. Import Price Index... treated outside of ICUs. The mortality rate for those who were not provided with intensive care was 88.4 pct, while for those who were brought into ICUs, the rate was 62.2 pct. This finding
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Unemployment hit new high of 27.8 pct in October, set to rise further
EconomyMacroeconomypercent. Attica, including Athens, has a jobless rate of 28.3 percent. The picture of Greece’s labour... unemployment rate in the 28-member bloc. According to the Hellenic Statistical Agency (ELSTAT), the seasonally adjusted jobless rate in October stood at 27.8 percent from an upwards revised 27.7 percent
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Tourism helps bring Greek unemployment down to 26.4 pct in July
EconomyMacroeconomyThe seasonally adjusted jobless rate dropped to 26.4 percent in July from a downward revised 26.7... of the strong tourism season. The slowdown of the seasonally-adjusted jobless rate in July reflects a 1..., indicating the fifth consecutive positive reading. Similarly, the YoY rate of decline in the number
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Proposed VAT overhaul a stepping stone towards agreement with lenders?
EconomyProgrammenight, explaining for the first time in public what the new VAT system might look like. Greece has currently two main VAT rates at 13 and 23 percent and a lower rate of 6.5 percent for hotel.... Varoufakis said that a new unified VAT rate of 18 percent will be applied to most products
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