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  1. Unemployment at 16.4 pct in January
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    year, the unemployment rate came to 18.5 percent. During January, employment increased by 27 people compared to December. Year-on-year, the figure for those employed increased by 45,907 or a rise... by 18,071 persons year-on-year (+0.6 percent). The total inactive population now stands at 3.23 million

    2%

  2. Newsletter 255 -26/06/2020

    Newsletters

    on Wednesday that he expects GDP to contract by 16 percent in the second quarter of the year. Although this does not change the minister’s expectation for the full-year shrinkage, which he still sees at 8... quarters, Q2 and Q3, after economic activity in the first quarter of the year fell by 1.6 percent

    2%

  3. Current account shows deficit of 1.26 bln in November
    Photo by MacroPolis

    EconomyMacroeconomy

    to 767.4 million in October, Bank of Greece (BoG) data showed. In the same period last year, the balance... year-on-year (YoY). According to the BoG, November’s performance is due to an improvement in both... billion euros, declining by 14.6 percent year-on-year (YoY). The services balance came to a surplus

    2%

  4. Newsletter 282 -29/01/2021

    Newsletters

    by current Premier Kyriakos Mitsotakis. The talks came after an almost five-year hiatus between... first step towards executing the debt strategy for the new year with an impressive transaction... programme in May that year. Although towards the end of last year and the start of 2021

    2%

  5. Newsletter 308 - 17/09/2021

    Newsletters

    calling elections in 2021, a year ahead of schedule. The interventions - 24 in total - announced... is estimated at 3.5 billion euros, with the bulk of that coming next year. The New Democracy leader prefaced... but is levied against public sector employees and pensioners earning more than 12,000 euros per year

    2%

  6. Newsletter 310 - 01/10/2021

    Newsletters

    . However, she called on Mitsotakis to explain why during meetings with party leaders last year he..., as the pandemic struck, with the largest drop seen in April last year when it dropped by 13.9 pct... pct year-on-year, followed by the manufacture of petroleum products at 58.2 pct, fully capturing

    2%

  7. Draft 2022 budget represents first attempt to restore post-pandemic fiscal order

    EconomyMacroeconomy

    this year, 7.5 pct and 7.7 pct of GDP respectively. This is due to support initiatives that were introduced when the pandemic broke in March 2020 and ran for most part until the summer this year... of support last year between revenues and spending was 4.92 billion euros on lost revenues against 10.73

    2%

  8. IMF ups 2021 growth forecast to 6.5 pct, but keeps modest outlook for longer term
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    growth this year. In last October’s WEO, Greece was seen growing by 4.1 pct in 2021, before revising... is seen growing by 6.5 pct in real terms this year, before slowing down to 4.6 pct growth in 2022. In Spring, next year’s growth was seen at 5 pct. In the medium-term, the Fund maintains a very modest

    2%

  9. Unemployment falls below 14 pct for first time since Oct 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    and the lowest figure since. In the same month last year, the unemployment rate was 16.9 percent. Year-on-year, the number of employed people increased by 226,985, with total employment surpassing... drop of 16.4 percent year-on-year. The inactive population decreased by 128,326 people year-on-year

    2%

  10. Sharp rise in employed as unemployment falls to 13 pct in Sep, lowest since Aug 2010
    Photo via https://flic.kr/p/vtC3Ur

    EconomyMacroeconomy

    month last year, the unemployment rate was 16.5 percent. Greece has not seen an unemployment rate as low... unemployment rate in May 2008. Year-on-year, the number of employed people increased by 140,839 in September..., as the number for the unemployed amounted to 609,501. Unemployment recorded a sharp drop of 21.7 percent year

    2%