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Mitsotakis tests PASOK with proposal to end permanence in civil service
PoliticsGreek Politicsof scrapping permanence in the civil service. However, it also appears that Mitsotakis and his aides... of breaches of the civil service code. He also went on to criticise the evaluation process in the civil service, arguing that the assessment is being carried out by general managers and department chiefs
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Reflections on Greece's balance of payments
Agoraprivate-sector saving-investment balance is -0.1 percent of GDP (essentially balanced over time... domestically (including energy such as crude oil and natural gas). The balance X - M is called the “foreign balance.” This is the national accounts counterpart of the “current account” in the balance
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Govt faces pushback from food service sector over re-opening rules
PoliticsGreek Politicswill not open their establishments because they will not be able to earn enough revenue. The food service... an indication of how concerned the government is about keeping the food service sector content and able... that the government would not abandon food service businesses – another sign of the importance
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Employment balance positive by 4,342 in August, aggregate shows 169,239 fewer jobs created
EconomyMacroeconomywith the highest negative balance were catering service activities (-5,101), sports activities...The employment balance was positive with 4,342 more hirings than firings in August, data from... percent, respectively. Three out of five age brackets recorded a positive balance in the month
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Turnover indices in most service activities deteriorate in Q4
EconomyMacroeconomy, with the most notable deterioration in information service (-29.6 percent), management consultancy...) and information service (+60.6 percent). It is pointed, though, that the turnover indices are not seasonally...) and architectural and engineering activities (-41.8 percent). On the flipside, only two service sectors
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Feb current account deficit at 990.4 mln as services balance improves
EconomyMacroeconomyby improvements in the services balance and primary income account. The deficit of the balance... driven by the non-oil balance of goods worsening by 9.2 percent. The services balance improved... partially offset by improvements in the services balance and primary income accounts. The primary income
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Health service weakness highlighted as Covid deaths hit record high and research points to ICU disparity
PoliticsGreek Politicsto explain why he did not do anything to strengthen the health service after being made aware... per day. This suggests that the health service struggles greatly when the patient load is above 400... argument that the government has ignored serious failings in the health service and not done enough since
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Employment balance positive by 38,529 in September
EconomyMacroeconomybalance were catering service activities (-29,295), accomodation (-15,396) and the food industry...The employment balance was positive with 38,529 more hirings than firings in September, data from..., there were 35,878 more people hired than fired. Ergani noted that September 2020’s balance is the second
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Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
EconomyBanking-on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following...) in Q1 from 201 bps in Q4. Balance Sheet Eurosystem funding was reduced by 1.3 billion QoQ to 17 billion... that 500 million of NPEs have already been assigned to CEPAL, the first NPL servicer licensed
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Hirings balance hits record high of 100,246 in April
EconomyMacroeconomy, the highest positive balance was noted in accommodation (52,609), followed by catering services (23,218...The employment balance showed a strong improvement in April as hirings outpaced departures... consecutive month where a positive hirings balance has been noted in the Greek job market. Compared
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