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  1. April sees lowest hiring balance on record as pandemic bites and 233,626 fewer jobs offered
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    departures. Around 55.9 percent of all departures were layoffs with the remaining classed as voluntary

    2%
  2. General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    support guarantees at 320 million as mentioned, the remaining total was split between non-gg (5.94

    2%
  3. Car sales drop by 80.6 pct in April
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    period, totalling 43,037. The remaining sales in the first four months were made up of lorries (7,756

    2%
  4. Central government debt increases by 5.81 bln to 361.83 bln in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    130.9 billion relate to the second (EFSF) programme, and the remaining 61.9 billion to the third

    2%
  5. Exposure to tourism sector a concern for banks despite effort to save season
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    1.75 billion euros, of which 77 percent are considered fully serviced. The remaining 370 million

    2%
  6. PMI rises to 41.1 points in May but manufacturer pessimism persists
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    markets, as markets remaining in lockdown posed a challenge. Staffing levels remained low as firms used

    2%
  7. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    loans stood at 260bps, of which 192bps related to underlying cost of risk and the remaining 68bps

    2%
  8. Newsletter 253 -05/06/2020

    Newsletters

    and demand. This manifested from both the domestic and export markets, as markets remaining

    2%
  9. April drop of 9.9 pct for industrial production largest since 2011 as virus takes toll
    Photo by MacroPolis

    EconomyMacroeconomy

    the domestic and export markets, as markets remaining in lockdown posed a challenge. Staffing levels

    2%
  10. Turnover in tourism drops by 6.5 pct in Q1, reflecting hotel closure impact
    Photo by MacroPolis

    EconomyMacroeconomy

    . In 2019, the remaining three quarters after Q1 recorded positive growth. The annual increase came

    2%