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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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Greek banks less reliant on Eurosystem funding in September
EconomyMacroeconomypercent to below 25 percent of total Eurosystem funding from July 2012, reaching its lowest level... to reduce Eurosystem funding to total assets ratio below 15 percent by 2017, while current ratios range
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How Greek banks could cut 2014 financing gap with a bond rollover
Economygovernment bonds (GGBs) that mature in 2014 with a total nominal value of circa 15 billion... and recognised in EBA core Tier I, Tier I and total adequacy capital, while being excluded from core Tier I
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Greece trying to lay 'phantom' pensions to rest
SocietyYiannis Vroutsis said that a total of 51,551 bogus pensions had been discovered with the most... defrauded the fund out of a total of about 10 million euros. In May, Alternate Finance Minister Christos
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Are politicians in Greece promoting reforms or social cannibalism?
Agoraearlier this year to fire 4,000 civil servants by the end of the year and a total of 15,000... 3,576 people who served in the municipal police. A total of 54 percent of the documents had been
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Does new troika visit spell fresh drama for Greece? Maybe not
Economyeuros were used for last year's debt buyback without increasing the total "financial envelope... year. At the same time, the IMF is scheduled to receive a total 9.1 billion euros in repayments
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