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Newsletter 114 - 07/04/2017
2001 The employment balance remained positive in March, with net hirings jumping to 38,517 from... in February. The biggest contributor net hirings was accommodation (+11,898) ahead of the Easter period... the employment balance into positive territory for the first quarter, with net hirings reaching 33,638 from
2% -
Current account deficit eases by 410.6 mln in April
EconomyMacroeconomy. Moreover, the improvement in the primary income account surplus is attributable to higher net... transactions were recorded under direct investment. The portfolio investment showed a net decrease... a net increase in residents' external assets which largely reflects a rise in their holdings
2% -
Current account deficit rises by 124.3 mln in May
EconomyMacroeconomyis attributable mainly to lower net interest, dividend and profit receipts. A widening by 21 million... investment. The portfolio investment reflected a net decrease in residents’ external assets... billion. During the first five months of the year, portfolio investments showed a net decrease
2% -
Fiscal obligations set out in sMoU, discussion on speeding up tax measures due in May
EconomyProgramme. Specifically, the package contains a pension reform, to be implemented in 2019, delivering net savings... and delivering net savings of 1 percent of GDP in 2020, 2021 and 2022 The pensions and income tax reforms are accompanied by a growth-enhancing tax package matching in net terms the yield of 2 percent of GDP
2% -
January current account deficit at 585.8 mln as goods balance worsens
EconomyMacroeconomy. This was mainly caused by lower net services and travel receipts. Travel receipts fell by 3 percent to 153.1... to an improvement in the general government component. Financial account Residents’ net external liabilities.... Portfolio investment showed a net decrease in residents’ external assets, which reflects mainly a decrease
2% -
Credit contraction at 1.2 pct in June, balance at 178.87 bln
EconomyMacroeconomyeuro mark for the third time since January 2007. The net lending flow turned positive after two months... billion. Credit to insurance corporations showed a net monthly inflow of 123.5 million, taking... 80 billion euros for the month. Driven by the net deductions mentioned previously, the household loan
2% -
Exclusion from QE confirmed, only ECB's reinvestment programme left
EconomyProgrammewith net purchases currently at 30 billion euros up to September. This is due to be reduced to 15 billion until the end of the year when net purchases are expected to end. The ECB as of June 2018 has... market. With 75 billion net purchases by the ECB between September and the end of the year, Greece would
2% -
Credit contraction at 1.5 pct in July, balance at 177.56 bln
EconomyMacroeconomyfor a fourth month. The net lending flow fell back into negative territory and came to -998.4 million in July... corporations showed a net monthly outflow of 101.6 million, taking the balance for July to 6.47 billion.... Driven by the net deductions mentioned previously, the household loan sector balance declined to 57.57
2% -
Credit contraction stays at 1.5 pct in August, balance reaches 177.44 bln
EconomyMacroeconomyfor a fifth month in a row. The net lending flow remained negative for a second month and came to -306.9... took the balance to 79 billion. Credit to insurance corporations showed a net monthly inflow of 21.3... to 183.9 million in August, which took the balance to 79.69 billion euros. Driven by the net
2% -
Credit contraction slows to 1.3 pct in Sept, balance at 176.83 bln
EconomyMacroeconomythe 180-billion euro mark for a sixth consecutive month. The net lending flow returned to positive... reading took the balance to 78.8 billion. Credit to insurance corporations showed a net monthly.... Driven by the net deductions mentioned previously, the household loan sector balance declined to 57.40
2%