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Eurostat

Cyprus' Unemployment Rate Drops to 16,4% in December 2014

Unemployment in Cyprus dropped in December 2014 to 16,4%, compared to 16,6% in November 2014. According to Eurostat, the euro area seasonally-adjusted unemployment rate was 11.4% in December 2014, down from 11.5% in November 2014. This is the lowest rate...

Eurostat: Greece Tops Unemployment in EU

According to Eurostat, unemployment in Greece remains the highest in the EU (25.8% in October), with Spain (23.7% based on December) in second place. However, on an annual basis, unemployment rate decreased from 27.8% to 25.8%. Furthermore, just in October, the number...

Increase in Overnight Stays in Greece, 2014

Greece registered 98.3 million overnight stays in tourist accommodations in 2014, of which 77.3 million were made by foreign visitors and 21 million by permanent residents, according to data released by the European Union's Statistics Office (Eurostat) on Thursday. The...

Greek Public Debt at 176% of GDP in Q3 2014

According to data released by Eurostat, the Greek public debt increased to 176% of the country’s GDP during the third quarter of 2014, from 171% in the same quarter of 2013. Public debt within the Eurozone stood, on average, at...

Unemployment Rises Again in Cyprus

The Cyprus seasonally - adjusted unemployment rate was 16.8% in November 2014, up from the 16.5% in October 2014, according to the figures published by Eurostat the statistical office of the European Union. The euro area seasonally adjusted unemployment rate...

Greek Exportable Products Popular Abroad

Exports have played a key role in Greece’s economic recovery. During the recession, exports were necessary so that Greek companies could expand beyond the country’s borders. According to the official statistical data, Greek exports have shown a slight decrease...

Eurostat: -1.2% Inflation Rate in Greece

Deflation slowed down in Greece last month according to annual Eurozone inflation rate figures released by Eurostat on Wednesday, which gave an annual rate of -1.2% for Greece in November 2014, from -1.8% in October. Annual inflation throughout the Eurozone...

Greek Unemployment Rate Hit 25-month Low in September

The recovery of the Greek labor market continued in September with unemployment rate falling to 25.7%, the lowest reading since August 2012. The rate was in line with expectations and down from August's (upward revised) 26% figure. Youth unemployment rate (courtesy of Eurostat)...

Greece Recorded Third Highest GDP Growth in EU in Third Quarter of 2014

The Eurozone economy showed marginal growth in the third quarter of 2014, with GDP showing an increase of 0.2% in the third quarter, compared to the previous, according to revised figures released today by the European Statistical office, Eurostat. In...

Eurostat: Eurozone Unemployment Stable at 11.5%

The Eurozone seasonally-adjusted unemployment rate was 11.5% in October 2014, stable compared to September 2014, but down from 11.9% in October 2013. The EU 28 unemployment rate was 10.0% in October 2014, also stable compared with September 2014 and down...