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Tag Archives: July 2018

Unemployment in Greece falls to 19% in July, youth unemployment at 37.9%

Unemployment in Greece fell to 19 percent in the month of July. According to Greek Statistics Authority, the unemployment rate fell to 19% from 19.1% in June and 20.9% in July 2017. Y0uth unemployment is still high at 37.9%, however, a year ago it was at 41.1% and reached above …

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Greece’s bank deposits record an increase in July 2018

Private sector deposits in Greece’s banks increased by 841 million euros in July, Bank of Greece said on Tuesday. Deposits stood at 130.2 billion euros in July when they were 129.4 billion the previous month. In July 2018, the annual growth rate of total credit extended to the economy stood …

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Greece’s Consumer Prices slightly down in July, inflation still at 0.9%

Greece’s consumer prices increased for the third straight month in July, data from the Hellenic Statistical Authority showed Thursday. Consumer prices climbed 0.9 percent year-over-year in July, just below the 1.0 percent rise in June. Prices of food and non-alcoholic beverages grew 1.5 percent annually in June and transport costs …

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Moscovici: Greece firmly stands on its own feet, can return to the markets

EU Commissioner for Economic and Financial Affairs, Pierre Moscovici, said that Greece firmly stands by its own feet after the Eurogroup decision on June 21 and that the post-bailout surveillance will help the country to return to the markets. During his 2-day visit in Greece, Moscovici delivered a speech at …

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