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  1. Waiters and chefs lead May hiring balance to highest on record
    Image: MacroPolis

    EconomyMacroeconomy

    of 11,181 jobs and this year is a new monthly record, breaking last year’s high. Total hirings in May came... of the total, with the remaining classed as layoffs and termination of contracts. Layoffs dropped by 3,884 year... of 2024. Total hires were 1.4 million, against 1.07 million departures.

    11%

  2. Significantly improved oil balance pushes current account to 196.5 mln surplus in May
    Image via www.moh.gr

    EconomyMacroeconomy

    3.45 billion euros in the same month last year. Total imports came to 6.47 billion euros in May, from 7.55 billion last year. At the same time, total exports came to 4.11 billion euros, from 4.1... billion euros, from 1.91 billion euros in May 2024. The total services balance was 2.21 billion euros

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  3. Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
    Photo by MacroPolis

    EconomyMacroeconomy

    years during June. Total hirings in June came to 365,226 versus 349,558 departures. Voluntary departures accounted for roughly 32 pct of the total, with the remaining classed as layoffs and termination... in the same period of 2024. Total hires were 1.71 million, against 1.37 million departures.

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  4. PM prepares to finalise relief package as talk of electoral tweak gathers pace
    Image: @kmitsotakis

    PoliticsGreek Politics

    this allowance at a total annual cost of 360 million euros, and any change will need... more room for relief measures. This could take the total package to around 2 billion euros... percent, plus one extra seat for every 0.5 percent up to a total of 50 seats at 40 percent) never

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  5. Oil balance and drop in exports pushes current account to 1.19 bln deficit in June
    Image via www.moh.gr

    EconomyMacroeconomy

    in June, from 2.48 billion euros in the same month last year. Total imports came to 7.02 billion euros in June, from 6.65 billion last year. At the same time, total exports came to 3.85 billion euros, from... receipts came to 3.31 billion euros, from 3.04 billion euros in June 2024. The total services balance

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  6. Central government debt rises to 403.2 bln in Q2, cash reserves near 42 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    loans continue to make up the bulk of the total at 217.19 billion euros in Q2, having dropped by just... 61.9 billion to the third bailout programme. The weighted average maturity of the total debt stayed... (over 5 years) debt made up 73.4 percent of the total, while short-term (up to 1 year) and medium

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  7. Labour reforms controversy threatens to eclipse autumn support package
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    earlier this week, amounts to a total deregulation of the labour market, which will destroy any sense..., but critics say it will give employers total discretion over working hours while absolving them..., covering half a million workers. This amounts to 20 pct of the total in the private sector, though

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  8. Government’s effort to revive economic success story narrative heavily reliant on RRF execution
    Photo by EC - Audiovisual Service

    PoliticsGreek Politics

    argued that ELSTAT data suggests the number of trips being made by Greeks and the total number... requests, absorbing 23.4 billion euros - 65 percent of its total RRF resources - of which 12.04... Commission approved the fifth payment this May, releasing a total of 3.13 billion euros, split between 1.35

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  9. ELSTAT resumes monthly unemployment updates after review, rate at 8 pct in July
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    , with total employment comfortably staying well above the four-million mark, at roughly 4.38 million... more hires then departures. Total hirings came to 365,226 versus 349,558 departures. For the six... in the same period of 2024. Total hires were 1.71 million, against 1.37 million departures.

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  10. Seasonal factors take unemployment rate to 8.6 pct in Q2 - lowest since 2008
    Photo by MacroPolis

    EconomyMacroeconomy

    sector peak in Q3 each year and the build-up in hiring for the high season in Q2. A total of 411,722...) came to 234,600 people, representing 57 percent of the total unemployed. Alarmingly, the largest... as self-employed without employees (17.9 percent). Part-time employment was 5.7 percent of total, while

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