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Seasonal jobs account for 7 in 10 hirings as balance nears 100,000 in May
EconomyMacroeconomyalso had a solid positive balance of 124,365 more hirings than departures. The balance in May last year... percent, respectively. All age groups had positive hiring balances with the highest balance...Greece’s employment balance continued its recovery in May with 99,956 more hires then departures
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Hiring balance for 7M reaches record despite first negative July reading since 2019
PoliticsGreek PoliticsGreece’s employment balance in July turned negative by 8,294 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in July last year... for men and women was split 54-46. Women had a negative balance of 15,656 jobs and men positive
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Current account deficit more than halves to 708 mln in March
EconomyMacroeconomyand a rise in the primary and secondary income balances by 487 and 170 million respectively more than...Greece's current account (C/A) deficit more than halved to 708.1 million euros in March from 1.48...’ deficit by 438 million and an increase in the secondary income surplus by 99 million. This more than
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Growing hopes that Greek recession will be milder than expected
Economyrecession will be milder than the country’s lenders expectations in mid-August. In a positive... (+0.1 percent), more than offsetting a sharp drop in investments (-10.6 percent). The provisional... balance is anticipated to have a positive contribution of 0.7 percent due to the higher contraction rate
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Employment balance stays positive in Mar, Q1 underperforms YoY
EconomyMacroeconomyGreece’s employment balance stayed positive in March with 34,373 more hirings than firings... in February due to 15,189 more hirings than departures. The balance in March last year was positive... balances in five of the last seven months, with February being the first positive balance since
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Deposits rise by 1.43 bln in April
EconomyMacroeconomy. The outstanding balance of private sector deposits increased to 146.56 billion euros, reflecting savings... euros. Time deposits fell by 305 million euros. The latest deposit movement took the aggregate balance to a positive balance of 3.17 billion euros. The aggregate figure for the same period last year
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General gov't cash surplus rises to 3.54 bln at end of Feb, more than double last year
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus in the first two months of 2014 more than... by the Ministry of Finance on Wednesday. The gg cash balance also showed a surplus at 1.93 billion from just... balance. The stock of arrears, including tax refunds, increased for the second straight month by 161
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Less than 10 pct of 99.97 bln overdue taxes deemed collectible by authorities
EconomyMacroeconomyof the overdue tax balance as at the start of the year. On the other end of the spectrum, one percent of debtors (40,514 taxpayers) owe more than 100,000 euros, with the total making up 89.2 percent, or over 89 billion, of the overdue tax balance. Between these two categories, the middle ground
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Business balance positive in 2017, small companies continue to dominate
EconomyFeaturesadditional companies registered in 2017 than delisted. Since 2011, a negative balance has been noted in all the years except for 2015, when the balance turned positive by 924 registrations. The available...Data from the General Commercial Register database (GEMI) has shown that in 2017, the balance
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Current account surplus at 842.3 million in June, assisted by services balance
EconomyMacroeconomyGreece’s current account (C/A) balance turned to a surplus of 842.3 million euros in June from... in the primary and secondary income accounts, respectively. The deficit in the balance of goods stood at 23.6... in the services balance. The BoG notes that the marginal deterioration in the goods’ deficit can
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