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Unemployment at 16.4 pct in January
EconomyMacroeconomythe Labour Ministry’s Ergani database for February showed that there were 24,867 more hirings than firings. Compared to the same month last year, there were 2,973 fewer people hired than fired. Total... showed 7,549 more hirings than departures. Ergani noted that this represented the second highest
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ND focussed on keeping coronavirus numbers down in build-up to Greek Easter
PoliticsGreek Politicsare in critical condition. These numbers, which are better than those for most western European countries..., this is likely to lead to authorities allowing people to leave their homes for a wider range of reasons than... focussing on the economic consequences of the Covid-19 crisis, rather than on public health matters
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Snap election scenarios circulate as ND's pandemic response fuels surge in polls
PoliticsGreek Politicsof respondents supporting the governing party compared to 20.3 for the main opposition. More than 63 percent... of events a scenario for snap elections, less than one year into ND’s term in government. Such a scenario... also be a useful way to keep his party focussed on unity rather than questioning SYRIZA’s strategy
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Digital investments could provide long-term GDP boost, study finds
EconomyFeaturesof information and communication technology (ICT) human capital. Greece’s ICT sector is less than half... firms report having increased the number of employees in the last three years, compared to less than... obstacle significantly affecting digital firms more than non-digital ones.
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Newsletter 248 -24/04/2020
and is tailored more to satisfying big business than looking after workers. The government was forced... of managerial competence. Digital investments could provide GDP boost Travel balance more than.... Greece’s ICT sector is less than half the EU relative size (1.9 percent of GDP versus 4.4 percent
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PM presents roadmap for relaxing lockdown, highlights political messages from handling of Covid-19
PoliticsGreek Politicsof the civil protection authority and public health system as signs of hard work, rather than luck..., is nothing more than our collective self-understanding,” he said. Mitsotakis returned..., which saw Greece being held back by incompetent leadership and populist policies rather than any
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Unemployment continued downward course in Feb, falling to 16.1 pct
EconomyMacroeconomyto coronavirus measures, showed that there were 41,903 more firings than hirings, Compared to the same month last year, there were 85,276 more people fired than hired. Ergani noted that the balance for March 2020... than hirings.The respective balance for the same period last year was positive by 48,880 meaning
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April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct
EconomyMacroeconomyOn a monthly basis, net revenues came to 3 billion euros, 1.19 billion euros lower than the monthly... lower than the monthly target. Broken down by category, the mpst significnant underperformance... the coronavirus pandemic. State budget total revenues stood at 15.43 billion euros, lower than the target
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Covid-19 lockdown, slump suppress electricity demand and edge out lignite
EconomyFeaturesbelow the March average and less than half the average price of April 2019 which came in at 62.4... and onshore wind already provide electricity at lower costs than the cheapest new fossil fuel-fired... emissions, a reduction six time larger than what followed the 2008 financial crisis. There is not only
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Exceptional conditions behind reduced unemployment rate of 14.4 pct in March
EconomyMacroeconomyterritory in April with 7,205 more hirings than firings. Compared to the same month last year, there were 103,690 more people fired than hired. Ergani noted that there were 233,626 fewer hirings in April.... In the aggregate period, the employment balance showed 27,149 more firings than hirings. This represents
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