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Newsletter 267 -02/10/2020
from corporations to tackle late payments, higher than the EU average of 47 percent. Greek... percent compared to 2018. Half of households surveyed spent more than 1,151 euro per month. The main... than the share of the median equivalent consumption expenditure of the poorest 20 percent
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Bound to lose
Agoraemotions being cut short. Hopefully, any probe will take less than the five interminable years needed... assigns excessive importance to the symptoms, rather than causes, of Greece’s economic, political... such a landmark occasion by speaking more as a party leader, rather than a prime minister. His words
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Govt scurries for effective Covid-19 response as opposition finds more holes to pick
PoliticsGreek Politicsless than 48 hours after Prime Minister Kyriakos Mitsotakis informed Greeks that a month-long set... staff and of not ensuring that Covid-19 tests are available on prescription rather than forcing... businesses that employ 300,000 staff with more than 100,000 dependent members. There is no doubt
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Newsletter 272 -06/11/2020
, by the end of November the first payments from the Bridge mortgage subsidy scheme, for which more than... address and the third major policy reversal on pandemic measures in less than a week. Over recent weeks... options will be available for the entire country. With the second wave looking more disruptive than
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Employment balance negative by 33,356 in October as seasonality affects education and tourism hires
EconomyMacroeconomyThe employment balance was negative with 33,356 more firings than hirings in October, data from..., there were 86,731 more people hired than fired. Ergani noted that the balance for October has typically been... negative balance was seen in those aged 45-64 years, where there were 17,111 more people fired than
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EU Council boosts recovery fund hopes, falls short on Turkey
PoliticsGreek Politicsto adopt conclusions on Turkey that were less decisive than the Greek side was hoping for. Although... economy is set to contract by more than 10 pct this year, these funds are vital to the government’s... proposals regarding how it plans to use the available funds, with more than 50 pct going on projects
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Employment balance negative by 29,933 in Nov, 40,403 fewer jobs created in aggregate
EconomyMacroeconomyThe employment balance was negative with 29,933 more firings than hirings in November, data from..., there were 626 more people hired than fired. Ergani noted that the balance for November has typically been... than hired. This was followed by those aged 30-44 with a negative balance of 11,658, and those aged
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Budget primary shows deficit of 13.81 bln in November, above target by 1.48 bln
EconomyMacroeconomywas 692 million euros higher than the monthly target. State budget net revenues came to 42.07 billion... revenues stood at 47.13 billion euros, higher than the target by 855 million or 1.8 percent.... Overall expenditure for the month stood at 8.52 billion, lower than the target by 159 million euros
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Budget primary shows deficit of 13.75 bln in November
EconomyMacroeconomymillion euros higher than the monthly target. State budget net revenues came to 42.13 billion euros in the aggregate period, as mentioned, 806 million euros or 2 percent above than the target of 41.32..., lower than the target by 159 million euros which MoF said is mainly due to the under-execution of PIB
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Employment balance positive by 2,116 in December, 34,621 fewer jobs created in 2020
EconomyMacroeconomyThe employment balance was positive with 2,116 more hirings than firings in December, data from..., there were 5,782 more people hired than fired. Total hirings came to 93,370 versus 91,254 departures. Around... positive balance was seen in those aged 15-24 years, where there were 3,525 more people hired than
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