The OECD has released its employment outlook for 2020 in the context of the coronavirus crisis, highlighting the impact that the pandemic will have on the global job market.
The European Commission slightly revised its forecasts for Greece in the interim Summer forecast released on Tuesday, compared to the Spring forecasts that were released at the beginning of May.
Greece’s trade deficit fell by 47.7 percent year-on-year (YoY) in May compared to a drop of 30.3 percent in April, data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday showed.
The employment balance was positive with 37,568 more hirings than firings in June, data from the Labour Ministry’s Ergani information system showed.
The stock of unpaid social security contributions (SSCs) increased to 36.32 billion in the first quarter (Q1) of 2020 by 932 million compared to the figure of 35.38 billion euros registered in the fourth quarter (Q4) of 2019, the Centre for the Collection of Social Security Arrears (KEAO) revealed.
Greece’s general government (gg) primary cash deficit came to 4.84 billion euros in the first five months of the year compared to a surplus of 1.69 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
The overall weighted average interest rate on all new loans to households and non-financial corporations rose by 18 basis points (bps) to 4.23 percent in May from 4.05 percent in April, data from the Bank of Greece (BoG) showed on Friday.
Alpha Bank announced on Wednesday that it had entered into a binding agreement for the disposal of a mixed pool of NPEs to Greek SMEs secured by real estate assets, code named Neptune.
The month-on-month rise in Greece's new tax debt came to 545 million euros in March, data from the Independent Authority of Public Revenues (IAPR) has shown.
Greece’s manufacturing PMI increased to 49.4 points in June from 41.1 points in May, according to the latest data from Markit PMI.