Tagged: December

Greek unemployment steady in December, eurozone’s highest

Greece’s jobless rate stood at 23.1 percent in December, unchanged from an upwardly revised reading in the previous month, statistics agency ELSTAT said on Thursday. The number of officially unemployed reached 1.1 million people. Hardest hit were young people aged 15 to 24 years, with their jobless rate dropping to 45.2 percent from 50.1 percent […]

Greece’s consumer price index flat in December

Greece’s annual headline consumer price index was unchanged at zero percent in December year-on-year, with the annual pace of deflation slowing sharply from -0.9 percent in November, statistics service data showed on Wednesday. The data also showed the European Union-harmonized inflation rate turned positive in December at 0.3 percent from -0.2 percent in November. Consumer […]

December retail turnover seen missing 4 bln euro target

Turnover in December is not expected to reach the target of 4 billion euros, the National Confederation of Greek Commerce (ESEE) estimated on Monday, blaming lackluster consumer demand on the increasing pressure felt by taxpayers. In the last month of 2015, turnover in the retail sector just pushed past the mark at 4.1 billion euros, […]

Most Thessaloniki arrests in December involved migrants

Police in Thessaloniki said they made 1,749 arrests in December and seized 32,187 euros that was linked to alleged illegal activity. A total of 1,081 of those arrests involved migrants who did not have proper documentation. Police in the northern port city said they solved two murders last month, as well as six cases of […]

Slight rise in economic sentiment in December

The economic sentiment index in Greece posted a slight improvement in December according to the monthly reading released by the Foundation for Economic and Industrial Research (IOBE) on Friday. The index showed 87.1 points last month against 86.5 points in November, but despite the small improvement the index remained well below the level seen a […]