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Athens Macedonian News Agency: News in English, 15-04-30

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Greek unemployment eases to 25.7 pct in January, Eurostat reports
  • [02] Varoufakis rules out VAT hike for Greek islands

  • [01] Greek unemployment eases to 25.7 pct in January, Eurostat reports

    ANA-MPA -- The Greek unemployment rate eased slightly to 25.7 pct of the workforce in January, compared with December 2014, but remained the highest in the Eurozone and the EU, Eurostat said on Thursday. In a report released here, the EU executive's statistics agency said the unemployment rates in the Eurozone and the EU-28 in March were at 11.3 pct and 9.8 pct, respectively unchanged from February, but down compared with March 2014 (11.7 pct and 10.4 pct). The number of unemployed people in the EU was 23.7 million in March and 18.1 million in the Eurozone. Greece recorded the highest unemployment rate followed by Spain (23 pct) and Cyprus (16 pct). Germany (4.7 pct) and Austria (5.6 pct) recorded the lowest unemployment rates. In Greece, the number of unemployed people fell to 1.22 million in January, with the unemployment rate among men at 22.5 pct and among women at 29.6 pct. The unemployment rate among young people, aged below 25 years, fell to 50.1 pct in January from 50.8 pct in December, followed by Spain (50.1 pct), Croatia (45.5 pct) and Italy (43.1 pct). Germany (7.2 pct), Austria (10.5 pct), Denmark and Holland (10.8 pct) recorded the lowest unemployment rates among young people. In the Eurozone yough unemployment was 22.7 pct in March.

    [02] Varoufakis rules out VAT hike for Greek islands

    ANA-MPA -- Finance Minister Yanis Varoufakis denied reports of an imminent VAT hike for Greece's islands, in statements to reporters outside Parliament on Thursday. "There is no such discussion," Varoufakis said, though he did not rule out the possibility of a tax on luxury accommodation, clarifying that this did not include three-star hotels. He predicted that there would be minimal reactions to such a measure, noting that someone now playing 1,000 euros a night for an overnight stay will instead have to pay 1,040 euros. Regarding the two 'key' issues where the government has pledged not to back down - namely pension cuts and the social insurance system - Varoufakis said that these will be discussed in June as part of a 'grand agreement' with the creditors.
    Athens News Agency: News in English Directory - Previous Article - Next Article
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