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Final budget data for 2021 affirms revenue overperformance, primary balance below 6 pct of GDP
EconomyMacroeconomyexecution data released on Tuesday. The primary balance is more than 600 million euros better compared...The budget primary balance for the full year landed at a deficit of 10.33 billion euros in 2021... that the balance is now well ahead of the target set in the final budget for 2022, beating it by 2.62 billion euros
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Accommodation and hospitality drive April hiring balance to highest on record
EconomyMacroeconomyGreece’s employment balance was strong as is usually the trend in April with 133,907 more hires than departures in April, according to data from the Labour Ministry’s Ergani information system. The hiring balance in April last year was also positive, with 132,352 more hires. This led to a year
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Waiters and chefs lead May hiring balance to highest on record
EconomyMacroeconomyGreece’s employment balance was strong as is usually the trend in May with 137,841 more hires than... balance in May last year was also strong, with 126,660 more hires. This led to a year-on-year rise... and women was 59-41 in favour of men. Women had a positive balance of 66,327 jobs and men positive
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February current account deficit at 1.29 bln as underlying balances worsen
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a deficit of 1.29 billion in February, deepening... by 263.3 million euros year-on-year. According to the BoG, the balance of goods improved by 120.8 million euros to 1.52 billion. However, this improvement was offset by the primary income balance turning
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Current account surplus at 407 mln in May - first positive balance since Sept 2014
EconomyMacroeconomyGreece's current account (C/A) balance showed a surplus of 407 million in May from deficit of 299... September 2014. The improvement in the C/A balance by 707 million year on year (YoY) mainly reflects.... The improved services’ surplus by more than 10 percent is primarily led by higher travel surplus
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April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.52 billion euros in the first four months... euros, below the aggregate target by 1.35 billion euros. The monthly primary balance for April came.... For the same month last year, the primary surplus stood at 20 million euros. The budget balance in the first
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Budget primary balance confirmed at deficit of 6.10 bln in June
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.10 billion euros in the first six months of 2020..., below the aggregate target by 3.91 billion euros. The monthly primary balance for June came... month last year, the primary deficit came to 535 million euros. The budget balance in the first six
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Employment balance positive by 73,502 in June; most on record for month
EconomyMacroeconomyThe employment balance was positive with 73,502 more hirings than people leaving their jobs in June... year, the employment balance improved by 35,934. The balance was the highest for June going back... and women was 48.2 percent and 51.8 percent, respectively. All age brackets recorded a positive balance
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Hotel and restaurant jobs keep hiring balance positive in Feb
EconomyMacroeconomyGreece’s employment balance was positive in February, with 24,543 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in February... and men by 13,208. There were positive balances in all age groups with the largest balance in the 30-44
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Current account balance turns to deficit of 198 mln in Oct
EconomyMacroeconomyGreece’s current account (C/A) balance turned to a deficit of 198.4 million euros in October 2016... that the improvement in the balance of goods excluding oil was counterbalanced by higher net oil imports... income balance mainly stems from lower net receipts, including taxes and subsidies on products
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