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Quarterly unemployment stable at 8.3 pct in Q4 as labour market continues to improve
EconomyMacroeconomyto the tourism sector peak in Q3 each year and the build-up in hiring for the high season in Q2. A total... percent of the total unemployed. Alarmingly, the largest portion, 100,100, has not worked for more than...). Part-time employment was 5.3 percent of total, while the share of persons with temporary jobs was 8.9
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Jan current account deficit at 1.29 bln, goods and services balances improve
EconomyMacroeconomycame to 2.81 billion euros in January, from 2.91 billion euros in the same month last year. Total imports came to 6.39 billion euros in January, from 6.91 billion last year. At the same time, total... 2025. The total services balance was 328.3 million euros, from 247.8 million last year. During
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Hiring balance stays negative in Jan as new hires drop YoY
EconomyMacroeconomy. Total hirings in January came to 199,215 versus 217,959 departures. Voluntary departures accounted for roughly 37 pct of the total, with the remaining classed as layoffs and termination of contracts... 2025, the balance was positive with 77,074 more hires, against a balance of 70,349 in 2024. Total
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Central government debt drops to 400.52 bln in Q1 due to lower repos
EconomyMacroeconomyeuros. FSM loans continue to make up the bulk of the total at 210 billion euros in Q1, having.... The weighted average maturity of the total debt reversed the slide in Q1 though it remains below 16...) debt made up 73.2 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5
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Current account deficit at 2.34 bln in Mar, up to 6.96 bln in Q1
EconomyMacroeconomyin March, from 3.1 billion euros in the same month last year. Total imports came to 7.44 billion euros in March, from 6.92 billion last year. At the same time, total exports came to 4.85 billion euros.... The total services balance was 555.4 million euros, from 350.3 million last year. During the first quarter
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Unemployment jumps to 10.6 pct in Q1 - highest in two years
EconomyMacroeconomypeak in Q3 each year and the build-up in hiring for the high season in Q2. A total of 508,401 people... unemployed (more than 1 year) came to 248,900 people, representing 49 percent of the total unemployed... of total, while the share of persons with temporary jobs was 7.3 percent. Full-time employment
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Current account deficit narrows to 1.39 bln in Apr, travel receipts show resilience
EconomyMacroeconomyin the same month last year. Total imports came to 7.45 billion euros in April, from 6.64 billion last year. At the same time, total exports came to 5.12 billion euros, from 3.76 billion in April 2025... to 1.11 billion euros, from 1.02 billion euros in April 2025. The total services balance was 914.1
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Jobs in tourism push May hiring balance upwards
EconomyMacroeconomywith 137,841 more departures, leading to a year-on-year deterioration with 5,111 less hires. Total... for roughly 41 pct of the total, with the remaining classed as layoffs and termination of contracts. Layoffs... up to May 2025. Total hires were 1.36 million, against 1.03 million departures.
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Record travel receipts and narrower trade deficit reflected in current account up to May
EconomyMacroeconomycame to 2.11 billion euros in May, from 2.36 billion euros in the same month last year. Total imports came to 7.09 billion euros in May, from 6.47 billion last year. At the same time, total exports came... euros in May 2025. The total services balance was 2.3 billion euros, from 2.17 billion last year
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It remains a mystery
Agorathat interest levels in 2012 were the same as in 2011). This means that from a total of circa 152 billion euros of total financing needs, 126 billion was to refinance and service the debt
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