Unemployment in Greece rose again in the month of December. According to Greek Manpower Organization (OAED) the number of registered unemployment totaled 1,064,526 in December 2019 from 1,018,503 in November (an increase of 4.52%) and 935,449 in December 2018 (an increase of 13.8%). OAED announced that a total of 500,049 …
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Greek banks: Business and households deposits rise in August
Greek private sector bank deposits rose in August for the sixth successive month, the Bank of Greece said in a press release on Thursday. Businesses and household deposits increased to 139.72 billion euros from 138.64 billion in June. In August 2019, deposits placed by the general government decreased by €418 …
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Attiki Odos toll to rise twice on July 1 and January 1
Tolls on the Attiki Odos national highway will rise in two stages, on July 1 and on January 1, 2020, the company said on Friday. The decision triggered the anger of Transportation Ministry. All categories of vehicles will see rises. For cars in particular, current tolls of 2,80 euros will …
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Unemployment in Greece rises to 19.2% in first quarter of 2019
Greek unemployment rate fell to 19.2 pct of the workforce in the first quarter of 2019, from 21.2 pct in the same period last year, but rose from 18.7 pct in the fourth quarter of 2018, Hellenic Statistical Authority said in a report released on Thursday. The statistics service said …
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Finally Greek summer: Temperatures up to 37 C over the weekend
You know it’s summer when temperature in Athens at 8 o’ clock in the morning is above 24 degrees Celsius. The first quasi heat wave is striking Greece over the weekend with temperatures to reach up to 37° C in several regions across the country on Saturday, June 8, 2019. …
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Greece’s public debt rises to €334.9 billion in Q3 2018, says ELSTAT
Greece’s public debt increased to 334.988 billion euros at the end of the third quarter of 2018, Greece’s Statistical Authority (ELSTAT) revealed on Monday. On a yearly basis, the figure represented an increase of 21.493 billion euros from the same period of 2017. The public debt corresponded to 182.2 percent …
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June Solstice: The longest day of the year with 15 hours sunlight
June solstice on 21. June 2018. The longest day of the year with 15 hours sunlight.The June solstice is the summer solstice in the Northern Hemisphere and the winter solstice in the Southern Hemisphere. A solstice happens when the sun’s zenith is at its furthest point from the equator. On …
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Greek gov’t says to raise pensions as compensation for scrapping of poverty allowance
The Greek government plans to raise pensions to low-pensioners as a compensation for scrapping the poverty allowance (EKAS) to thousands of people as demanded by the country’s lenders. Speaking to Sto Kokkino FM, deputy minister for Social Security, Tasos Petropoulos, said that low-pensioners of less than 700 euro per month …
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Greece’s annual inflation rose 1.1% in November
Greece’s annual inflation rate rose to 1.1 pct in November this year, from 0.7 pct in October and -0.9 pct in November 2016, the Hellenic Statistical Authority ELSTAT said over the weekend. The statistics service, in a monthly report, attributed this development to an increase in the prices of tobacco, …
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Greece’s Bank deposits rise in September 2017
The Bank of Greece (BoG) announced that private sector deposits in the country increased by 52 million euros in September, compared to the previous month, reaching 1.047 billion euros in the country. The annual growth rate stood at 4.6 percent on a monthly basis, as capital controls remain in force …
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New Airport Levy to be imposed to all airports, lowers children age
The Greek government expands the airport levy of 12 euros for flights departing from Greece to all airports including the regional airports. The levy will start to be imposed after the operation date of the 14 regional airport and until November 1st 2024. After this date, the levy will be …
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The winner in Athens and Attica is …Golden Dawn
The winner of Sunday’s municipality and regional elections is … extreme-right Golden Dawn. The party whose members face charges for establishing a criminal gang, doubled its rates from the last parliamentary elections in Athens and Attica region. Ilias Kasidiaris, GD spokesman who is free on bail, a mayor candidate for …
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Greece moves forward: Employment on the rise
Employment was on the rise in the month of April, Greek Labor Ministry said on Wednesday. According to the data released, almost 30,000 people were hired – even though mostly temporary workers in the tourism industry. Data collected through the ministry’s Ergani database system showed 29,298 more people were hired …
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Lucky freezing Greeks: heating oil consumption decreased 68.7%, but revenues rose
Why did we freeze all through the winter? Because the Greek finance ministry had raised the special consumption tax in heating oil, while the tax in natural gas was raised a year before. What did the ministry win from having us on cold show? It raised more revenues – more …
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