Microeconomics

One in Ten Bulgarians between the ages of 18 and 24 has Dropped out of School Early

15.1% of young people between the ages of 15 and 29 do not study or work, according to the results of the NSI's monitoring of the labor force in Bulgaria in 2022.

One in ten between the ages of 18 and 24 has dropped out of the education system early, the data also show.

The relative share of persons with higher education from the population aged 25 - 34 is 33.8%.

Cyprus app to compare prices

Following the withdrawal of the Household Basket proposal in Cyprus, the Consumer Protection Agency is now promoting the preparation of a bill for the provision of a digital tool that will allow for the daily comparison of products' retail prices.

Greek T-bill auction raises €812.5 mln

The Public Debt Management Agency successfully auctioned 26-week treasury bills on Wednesday and raised 812.5 million euros.

The total bids amounted to €1.54 billion for a cover ratio of 2.46, down from 2.66 in the previous such auction on December 28, 2022.

The yield eased to 2.40%, from 2.50% last month.

The T-bills will mature on July 28.

PNO announces 48-hour strike for Feb 8-9

Ferries will remain tied up at ports across Greece February 8-9 after the umbrella union of Greek seamen, PNO, announced a 48-hour strike on Tuesday.

The workers are striking at what they say is the reluctance and refusal of employers to enter into negotiations for the drawing up and signing of new collective labor agreements for 2023.

Türkiye’s unemployment rate falls to 9.6 percent

Türkiye's unemployment rate fell to 9.6 percent in August, the lowest reading since March 2014, according to data released yesterday.

Decreasing from a downwardly revised 10 percent in July, the jobless rate saw a single-digit after four years in August, data by the Turkish Statistical Agency (TÜİK) showed.

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