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  1. 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

    2%

  2. 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

    2%

  3. 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

    2%

  4. 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.

    2%

  5. 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

    2%

  6. Jobs in education lead negative hiring balance of 20,728 in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the last few years during the peak summer months. Total hirings in July came to 292,270 versus 312,999 departures. Voluntary departures accounted for roughly 35 pct of the total, with the remaining... of 304,229 in the same period of 2024. Total hires were 2.05 million, against 1.73 million departures.

    2%

  7. Current account in 938.4 mln surplus for July thanks to services
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in July, from 2.84 billion euros in the same month last year. Total imports came to 7.2 billion euros in July, from 7.37 billion last year. At the same time, total exports came to 4.29 billion euros... came to 4.52 billion euros, from 3.93 billion euros in July 2024. The total services balance was 4.5

    2%

  8. Current account deficit improves significantly, reaching 6.62 bln up to Aug
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . Total imports came to 5.48 billion euros in August, from 6.29 billion last year. At the same time, total... in August 2024. The total services balance was 4.43 billion euros, from 4.33 billion last year. During

    2%

  9. Hiring balance improves by more than 18,000 jobs up to Aug

    EconomyMacroeconomy

    year had 5,081 more departures. This led to a year-on-year drop of 2,539 fewer departures. Total... pct of the total, with the remaining classed as layoffs and termination of contracts. Layoffs rose..., against a balance of 299,148 in the same period of 2024. Total hires were 2.27 million, against

    2%

  10. Hiring balance turns negative in Sep on as tourism season winds down
    Photo by MacroPolis

    EconomyMacroeconomy

    more departures. Total hirings in September came to 360,494 versus 369,690 departures. Voluntary departures accounted for roughly 38 pct of the total, with the remaining classed as layoffs..., against a balance of 302,744 in the same period of 2024. Total hires were 2.63 million, against 2.32

    2%