Athens Macedonian News Agency: News in English, 16-09-08

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

CONTENTS

[01] Economy to turn from stabilization to growth in H2, Stathakis says

[02] Greek unemployment rate eased to 23.4 pct in June

[01] Economy to turn from stabilization to growth in H2, Stathakis says

Speaking in Parliament, responding to a question by Democratic Alliance deputy Odysseas Konstantinopoulos, Stathakis said that economic recession in 2015 was below 1.0 pct. "In 2015-2016 the economy stabilizes. A recession in the first and second quarters of 2016 has stabilized and if we add the third quarter which has positive recovery rates, we will have a turn in the economy from stabilization to growth. The economy will grow by 2.7 pct in the period from June to June," the Greek minister said.

He reassured that from the end of September to early October, all private enterprises will be able to apply for the four investment programes of a new development law. "A development law voted in Parliament will be activated in September," he noted, adding the acceleration of procedures for the settlement of older applications and stressed that the ministry's target was to complete 100 business investments per month. "We expect to absorb one billion euros by the end of the year," Stathakis said.

Commenting on the investment project in Helliniko, Stathakis said an MoU agreement has been signed and will be put for ratification in Parliament in September.

[02] Greek unemployment rate eased to 23.4 pct in June

The statistics service, in a monthly report, said that the number of unemployed people fell by 73,477 in June compared with the June last year (a decline of 6.1 pct) and by 6,722 compared with May 2016 (a decline of 0.6 pct).

The number of employed people totaled 3,674,957 in June, up 1.7 pct from June last year and 0.4 pct compared with May 2016.

The economically non-active population in the country (not working or not seeking job) totaled 3,249,057, down 0.8 pct from June 2015 and down 0.3 pct from May.

The unemployment rate among women was 27.8 pct in June (28.8 pct in June 2015), while among men the rate was 19.8 pct (21.8 pct in June).

Young people, aged 15-24, recorded the highest unemployment rate (47.7 pct in June from 48.2 pct last year), followed by the 25-34 age group (29.5 pct from 31.7 pct), the 35-44 age group (19.5 pct from 22.8 pct), the 45-54 age group (19.4 pct from 19.7 pct), the 55-64 age group (19.3 pct from 16.5 pct) and the 65-74 age group (12.4 pct from 12.3 pct).

Among the country's regions, Epirus-Western Macedonia recorded the highest unemployment rate (26.8 pct in June from 27.1 pct in June 2015), followed by Thessaly-Central Greece (25.8 pc from 26.3 pct), Peloponese-Western Greece-Ionian Islands (23.8 pct from 25.1 pct), Macedonia-Thrace (23.1 pct from 25.3 pct), Attica (22.3 pct from 24.8 pct), Crete (22.3 pct from 24.2 pct) and Aegean (18.8 pct from 17.8 pct).

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