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Job departures at 37,667 in Nov, 11-month net hirings highest since 2001
EconomyMacroeconomyemployment balance still remains positive, with net hirings of 125,128, up by more than 36 percent...The employment balance stayed negative in November 2016 with net departures rising to 37,667 from.... The breakdown displayed hirings stood at 157,385 in November and were more than offset by 195,052
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General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
EconomyMacroeconomy. This outweighed a deterioration in the state budget balance by 2.6 billion. In addition, the local government... balance was extrabudgetrary funds, with their surplus climbing to 4.33 billion euros. They were followed by SSCs posting a surplus of 1.54 billion. On the flipside, the state budget balance turned
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Net job hirings hit high of 92,132 in April, driving 4-month figure to new record
EconomyMacroeconomyThe employment balance remained positive in April 2017, with net hirings rising to 92,132 from... produced a positive employment balance in the last 17 years. Hirings stood at 224,181. This offset by a wide margin a total of 132,049 departures, of which less than half (48 percent) related to lay
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Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBankingcard debt to the value of 2.2 billion euros, or 385 million in on-balance sheet gross book value... billion on-balance sheet gross book value. Around 20 basis points of CET-1 capital were expected... their targets for bringing down bad loans in the first quarter of the year. Excluding off-balance sheet
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Moody's explains cautious approach to Greek credit rating upgrade
Economyremains positive on the back of a potential of faster than anticipated growth as past reforms start... will also be triggered by a successful return to market funding, as well as faster than anticipated... front, the government’s needs will decline to less than 10 percent of GDP over the coming years thanks
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Athens poised to unveil new minimum wage as post-MoU review continues
EconomyProgrammebillion or 200 percent of the quota. Greece as of the end of last year had an outstanding balance of close to 8.1 billion SDR, more than 350 percent of its quota of 2.43 billion SDR. The Fund..., the impaired balance sheets in the private sector and a weak payment culture of tax and other obligations
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Apartment prices up by 2.5 pct in Q4 and 1.5 pct in 2018 as property recovery solidifies
EconomyMacroeconomytransactions and appraisals data. In other indicators, the housing loan balance the household lending sector’s negative balance grew to -192 million in January from -75 million euros in the previous month. This led to the household loan sector balance declining to 56.49 billion euros. Around 44.3 percent
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Unemployment edges down to 16.8 pct in September
EconomyMacroeconomyhirings than departures. Ergani noted that this represented the second highest employment balance... Ergani database for November showed that there were 30,559 more firings than hirings. Compared to the same month last year, there were 2,690 fewer people fired than hired. Total hirings came
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Unemployment edges down to 16.6 pct in October
EconomyMacroeconomyas voluntary departures. In the aggregate period, the employment balance showed 131,310 more hirings than... database for November showed that there were 30,559 more firings than hirings. Compared to the same month last year, there were 2,690 fewer people fired than hired. Total hirings came to 208,583 versus
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Unemployment at 16.4 pct in January
EconomyMacroeconomythe Labour Ministry’s Ergani database for February showed that there were 24,867 more hirings than firings. Compared to the same month last year, there were 2,973 fewer people hired than fired. Total... with the remaining classed as voluntary departures. In the aggregate period, the employment balance
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