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Employment balance turns negative by 70,048 in Oct as tourism season ends
EconomyMacroeconomyby catering services with negative balance of 29,013 more firings as the tourism season ends...Greece’s employment balance in October turned negative with 70,048 more departures than hirings, from a positive balance by 19,727 in September, according to data from the Labour Ministry’s Ergani
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Employment balance positive by 33,210 in April; catering starts hiring ahead of reopening
EconomyMacroeconomysector, the highest positive balance was noted in catering services (+13,689). The largest negative...The employment balance was positive with 33,210 more hirings than people leaving their jobs... year, the employment balance improved by 26,005. But despite that pick up from last year, which
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August sees first negative hirings balance of year
EconomyMacroeconomyhirings. Broken down by employment activity, catering services had the largest negative balance by 11,216...Greece’s employment balance in August turned negative as there were 9,875 more departures than hirings, from a positive balance of 24,395 in July, according to data from the Labour Ministry’s Ergani
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Current account shows surplus of 886.6 bln in September, aggregate figure almost balanced
EconomyMacroeconomyprimarily in the services balance and secondarily in the balance of goods along with the primary income.... The services balance improved to a surplus of 3.12 billion from 2.82 billion a year ago, representing...Greece’s current account (C/A) balance came to a surplus of 886.6 million in September, dropping
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Employment balance positive by 73,502 in June; most on record for month
EconomyMacroeconomyThe employment balance was positive with 73,502 more hirings than people leaving their jobs in June... year, the employment balance improved by 35,934. The balance was the highest for June going back... and women was 48.2 percent and 51.8 percent, respectively. All age brackets recorded a positive balance
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As imports rise, Greek C/A balance flips back to deficit in May
EconomyMacroeconomyof the 5-month C/A deficit reflects a significant improvement in the services balance (by 23.9...Greece's May current account (C/A) balance showed a deficit of 246.2 million from a surplus of 69.6 million last year, according to the Bank of Greece (BoG). The C/A balance deterioration is owed
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New Democracy's internal disputes continue to pester Mitsotakis
PoliticsGreek PoliticsThe Greek political scene is going through a brief lull as Parliament waits to vote on the measures the government is due to finalise with the lenders in the coming days, but New Democracy leader Kyriakos Mitsotakis was called into action this week amid...
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Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
EconomyMacroeconomyto that of exports. The marked drop in the services’ balance largely reflects a significant decrease.... The worsening of the primary income account balance is mostly due to lower net receipts from taxes and subsidies on products and production, while the deterioration in the secondary income balance reflects
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Current account surplus at 407 mln in May - first positive balance since Sept 2014
EconomyMacroeconomyGreece's current account (C/A) balance showed a surplus of 407 million in May from deficit of 299... September 2014. The improvement in the C/A balance by 707 million year on year (YoY) mainly reflects.../A balance by 122 million YoY results from a sharp decline in the primary income surplus by 779
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The case for a general government balance sheet
Agorabalance sheet. One reason for this effort rests in the observation that today’s balance sheet... government balance sheet for Greece and the 19 countries of the euro area (Euro-19). Subsequent tables 1 and 2 illustrate balance sheet data in more detail. Figure 1 above captures for Greece and the Euro-19
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