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Newsletter 430 - 05/07/2024
. Hungary, which is in the second worst position, saw hourly wages drop by 15 pct in the same period
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Hotel and catering jobs propel May hiring balance to new record
EconomyMacroeconomyGreece’s employment balance had another solid month in May, with 126,660 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in May last year saw 95,951 more hires, a strong year-on-year improvement of 31,069 jobs. May’s balance
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Despite moderation in June, H1 hiring balance up by 34,290 jobs YoY
EconomyMacroeconomyGreece’s employment balance moderated in June, with 23,961 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in June last year saw 28,761 more hires, a year-on-year drop of 4,800 jobs as seasonal hires took place in previous
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Domestic factors seen playing role in PM's pick for European Commission
PoliticsGreek Politicscriticism from sections of the opposition. Wednesday saw the passage of legislation by the Justice
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No holiday from rancour over Athens wildfire as PM accused of downplaying damage
PoliticsGreek Politicsby the fire”. The remarks incensed opposition leaders, who saw them as an attempt to downplay the effects
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PM hopes to reset narrative with positive announcements
PoliticsGreek Politicsbe completed by 2027. Wednesday saw the PM announce in a cabinet meeting a 30-cent reduction in the tolls
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Greek, Turkish foreign ministers discuss sticking points ahead of Mitsotakis-Erdogan talks
PoliticsForeign PolicyGeneral Assembly in New York. Greece’s Giorgis Gerapetritis saw the discussion as a chance to review
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PMI at 50.3 in Sept after falling for six straight months, posting weakest reading in a year
EconomyMacroeconomysaw a notable slowdown in the pace of improvement in operating conditions as the third quarter
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Aug hiring balance improves annually, 8M up by 18,350 jobs
EconomyMacroeconomyGreece’s employment balance improved year-on-year in August, with 5,081 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last year saw 15,826 more departures, leading to a year-on-year improvement of 10,745 more jobs
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EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
EconomyMacroeconomy. This is a significant improvement from the previous estimates that saw the balance at -1.2 percent
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