Friday , May 24 2019
Home / Tag Archives: Eurostat

Tag Archives: Eurostat

Unemployment in Greece falls to 18% but still the highest in EU

Unemployment in Greece fell to 18% in December 2018, the European Statistics Authority Eurostat announced on Monday. Greece’s rate is the highest in the European Union and the Eurozone area. Unemployment rate among young people (aged below 25 years) rose slightly to 39.5% in December from 39.4% in November. Unemployment …

Read More »

One in four Greeks cannot afford to heat their home, finds Eurostat survey

One in four Greeks cannot afford to heat their home sufficiently, the Eurostat announced following data collected as part of the annual EU survey 2017 on income and living conditions in the bloc. Based on the report, 25.7% of Greeks said they were not able to keep their home adequately …

Read More »

Annual inflation in Greece hits 1.0 percent in June

Price hikes in food, fuel, services and other essential goods drove the annual inflation rate in Greece to 1.0 percent in June 2018, from 0.8 percent in May, the Greek Statistics Authority and the Eurostat that uses the ELSTAT data said. According to ELSTAT statement, inflation rate rose 1% between …

Read More »

37.5% of Greece’s children are at risk of poverty, says Eurostat

Year in, year out since 2010, the number of children at risk of poverty is continuously increasing in Greece. With 37.5 percent, Greece is tops among members of the eurozone and third after Romania and Bulgaria within the European union. Four in 10 children aged up to 17 years old …

Read More »

35.6% of Greece’s population at risk of poverty or social exclusion

More than one third of the Greek population is at risk of poverty or social exclusion. We have been reading this since 2012, occasionally it is been officially confirmed by European statistics authorities like the Eurostat. In the first two years of bailout agreements, the rates were below 30%. But …

Read More »

Euro area unemployment 9% – Greece constantly high at 23.5%, youth 48%

The euro area (EA19) seasonally-adjusted unemployment rate was 9.5% in March 2017, stable compared to February 2017 and down from 10.2% in March 2016. This is the lowest rate recorded in the euro area since April 2009. The EU28 unemployment rate was 8.0% in March 2017, down from 8.1% in …

Read More »

Greece is the only EU country where minimum wage is lower than in 2008

Newly released Eurostat data on national minimum wages in the European Union have shown that while the minimum wage increased in all EU countries, in Greece it has decreased to level lower than in 2008. In ten countries, out of the 22 that have a national minimum wage, the amount …

Read More »

EUROSTAT: Greece’s Primary Surplus 0.7% of GDP in 2015

The much anticipated EUROSTAT data on EU’s government deficit and debt has been released. According to the data, Greece’s primary surplus for 2015 was 0.7% of the GDP. The Greek debt is 176.9% of the GDP and not 200% as it was claimed by several analysts last summer. In 2014, …

Read More »

Great achievement after 5.5 austerity years: “36% of Greeks at risk of poverty”

Thousands of austerity measures, dramatic cuts in incomes, incredible hikes in taxes. Five and a half years in deep recession. Three bailout agreements. And where do Greeks stand now? On top of the Eurozone when it comes to poverty. More than one out of three Greeks, that is “36% of …

Read More »

Eurostat: taxation trends in European Union – 2012 data

Theoretically I could write about the Eurostat’s latest report about the taxation trends in the European Union. But, practically, I will not do it. Because, the overall tax-to-GDP ratio refers to data from 2012. It really makes no sense to mention such a report considering the fact that taxes increase …

Read More »

Greece’s unemployment slightly down, but still at least 1.3million people without work

Unemployment in Greece slightly decreased from 27.6% in January 2014 to 26.5% in February of the same year.However despite the slight improvement, there are still at least 1.3 million people without work. The real number is much higher as the Greek Statistics Authority (ELSTAT) takes into consideration only the unemployment …

Read More »

Eurostat: Greece’s primary surplus 2013 is €3.8bn… €3.4bn… €1.5bn…

It’s official! Almost…. or something like that…. According to EUROSTAT, “Greek primary budget surplus for the year 2013 is 3.4 billion euro,” Greek media hail on Wednesday. In its annual report the Eurostat does not refer to primary surplus, but Greek government and the media came to this conclusion after …

Read More »

Eurostat: 6:10 young Greeks without job, Eurozone unemployment in new record 12.2%

YES! Greece of ‘success story’ tops again the Eurostat list on unemployment. Six out of ten Greeks below 25 years old are without work. Youth unemployment in Greece is at 57.3%, while the situation is equally bad in Spain with 56.5%. Within the eurozone countries the general unemployment has reached …

Read More »