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Tag Archives: June

Inflation in Greece climbs to 12% in June, says EUROSTAT

Inflation in Greece jumped to 12% in June, the European statistics authority ELSTAT said on Friday The Eurozone’s annual inflation rate jumped to 8.6% in June from 8.1% in May, according to a flash estimate by Eurostat released on Friday. The EU’s statistics service, in a monthly report, said that …

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Unemployment up 19.9% between June 2020 and 2019

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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Unemployment rises to 22.29% in July despite seasonal work places

Registered unemployed recorded an increase of 2.81 percent in the month of July when compared to the previous month June. The data released by the Greek Employment Agency (OAED) come as surprise because normally unemployment figures drop in summer due to seasonal works and jobs in the tourism industry. More …

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Debt relief for Greece: Extend loans repayment, reduce interest to near 1%?

The Eurogroup is reportedly seeking to reduce Greek debt payments by extending loans until beyond 2040 and reducing the interest rate to near 1%, well below the rate Greece would need to pay international investors. the Eurogroup meeting scheduled for upcoming Thursday is crucial for Greece as the country prepares …

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Greek PM Samaras almost faints during party congress (picts, video)

Greek Prime Minister Antonis Samaras almost fainted while he was delivering a speech at Nea Dimocratia congress on Friday evening. “Apologies, I don’t feel well, I have to sit down for two minutes,” Samaras told the 4,000 delegates and left the podium. Video: embedded by Embedded VideoYouTube Direkt Samaras: “…NeaDemocracy… …

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