Registered unemployment fell 3.16% to 1,126,173 in June 2020, from 1,163,955 in May 2020 and rose from 938,812 in June last year (up 19.96%), Greece’s Manpower Employment Authority OAED said on Monday. The number of unemployed people seeking jobs in June was 1,068,856, with 536,144 (50.16%) of them being long-time …
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Greece’s state budget primary surplus at 3.5% of GDP in 2019
Greece’s state budget recorded a primary surplus of 3.5% of GDP in 2019,European Statistics authority Eurostat said in a report released on Wednesday. According to the report, the general government recorded a surplus of 1.5% of GDP or 2.7 billion euros in 2019. The primary surplus based on excessive deficit …
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Greece’s economy recorded growth of 1.9% in 2019
Greece’s economy grew by 1.9% in 2019, with the country’s Gross Domestic Product totaling 194.4 billion euros from 190.8 billion in 2018, Hellenic Statistical Authority said on Friday. The statistics service, in a report, said that Greek GDP fell 0.7 pct in the fourth quarter of 2019 from the third …
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ECB net interest income on SMP holdings of Greek bonds at €94million
The European Central Bank’s (ECB’s) audited financial statements for 2019 show that the profit for the year increased by €790 million, to €2,366 million, mainly as a result of higher income earned on the US dollar portfolio and on the asset purchase programme (APP) portfolio. Net interest income totalled €2,686 …
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Nielsen: Greece’s consumer confidence index near EU average
The Greek consumer confidence index was 84 points in the fourth quarter of 2019, very close to the European average index of 86 points, Nielsen said in its “Conference Board Global Consumer Confidence” survey released on Tuesday. The Nielsen Global Consumer Confidence Index measures the confidence, major concerns and spending …
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Greece significantly improves ranking in corruption index
Greece has significantly improved its corruption perception ranking in the index of Transparency International in 2019. The country scored 48 points out of 100 and was placed in 60th position. In 2018, Greece had scored 45 points and was on the 87th ranking position. Για το 2019, η Ελλάδα συγκεντρώνει …
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Greece Weather Highlights 2019: Max temperature 41.9°C, Min -22.5°C
The Greek National Observatory of Athens released the weather records for 2019 according to its meteo station reports. ° The highest precipitation levels were recorded in the region of Chania, Crete (2,896 mm) while Athens experienced the rainiest year in the last 15 years. On the contrary, the lowest annual …
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Greece’s state budget records €4.96bn primary surplus in 2019
The Greek state budget recorded a primary surplus of 4.96 billion euros in 2019, up from a budget target for a surplus of 4.4 billion and a primary surplus of 91 million euros in the same period in 2018, the finance ministry said in a report on Wednesday. The report, …
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Proastiakos schedules to Airport change due to Chinese president’s visit No 10-12
TrainOSE on Friday announced changes in its suburban railway (Proastiakos) schedule due to the Athens visit of the President of the People’s Republic of China Xi Jinping on November 10-12. After Greek police directives, the following changes will affect stops related to Athens International Airport routes and times: – On …
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Athens Stock Exchange among the world’s top performing markets in 2019
The Athens Stock Exchange (ASE) stands at the top of the world stock market performance charts for 2019, gaining 43.91 pct in a sustained rebound between January and October that has helped the market recoup many of the losses incurred in the previous five years, analysts reported on Sunday. This …
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OXI Day – 28. October 1940: Watch Live the Military Parade 2019
OXI DAY – 28. October 1940 – The day Greece rejected the Italian ultimatum to surrender to the Axis powers. The day marks the beginning of the war between Greece and Italy that ended in the country’s occupation by Nazi Germany. Greeks celebrate the historical day with a big military …
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Amazing findings from Lord Elgin’s shipwreck “Mentor”
Archaeologists and divers have brought into light amazing findings from the historic shipwreck “Mentor. By order of Lord Elgin, the brig that was carrying stolen goods from the Acropolis and Athens monument to Great Britain. It sunk off the island of Kythira in south Peloponnese in September 1802. Salvage work …
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UNHCR: 48,510 refugees & migrants arrived in Greece Jan-Oct 2019
The largest number of refugees and migrants reaching Europe came via routes crossing from Turkey to Greece, mostly by sea, according to a UNHCR’s report for 2019. As of 30 September, some 80,800 refugees and migrants had arrived via the three Mediterranean routes to Europe, a 21% decrease compared to …
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Expats in Greece: Worried about their finances, unhappy with working life
For the sixth year, InterNations, the world’s largest expat community with 3.6 million members, publishes its Expat Insider survey. With more than 20,000 respondents, it is one of the most extensive surveys about living and working abroad, sharing insights into expat life in 64 destinations. The survey offers in-depth information …
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ENFIA 2019: Tax authorities upload the real estate tax on “taxisnet”
Greek tax authorities uploaded on Friday night the annual real estate tax ENFIA. The tax clearances include the reductions announced by the government. The ENFIA tax affects 7.3 million owners of real estate across the country. The reductions are based on criteria like the size of real estate as well …
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17 Greek beaches lose “Blue Flags” award for 2019, HSPN decides
Seventeen beaches across Greece had to removed the “Blue Flag” after inspectors found out that they do not meet the strict criteria for the quality award for 2019. The Blue Flags were not only removed from the beaches but also from national and international lists. In a statement issued by …
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Tax Freedom Day: Greeks work 180 days to pay all taxes and contributions
Greeks will work 180 days out of 365 just to pay their taxes to the state. 82% of taxpayers are disappointed from the unbalance between the taxes they pay and the services offered by the state. For the fourth consecutive year, Greeks work half the year for the state is …
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149 people drowned in Greece Jan 1- July 24, 2019
A total of 149 people drowned in Greece between January 1 and July 24, according to data released by the Greek Coast Guard. The data were released on Saturday in the wake of warnings by health experts for people to show greater caution when swimming amid reports of 413 deaths …
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ENFIA tax to be reduced already in 2019 for properties value up to €200K
Finance Ministry has reportedly prepared a plan regarding the reduction of Unified Property Tax (ENFIA) for the millions of property owners in Greece. The plan is to be gradually implemented in three staged and owners of small properties will see as reduction already this year when the ENFIA bills will …
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Greece ranks 2nd on global “Blue Flag” list with 515 quality beaches
Greece has ranked second among 47 countries in the Blue Flags program for 2019. The country won this year’s international quality award with 515 beaches, 15 marinas and four sustainable tourism boats. The results were announce by the Hellenic Society for the Protection of Nature (EEPF) on Tuesday. 12 percent …
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