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Primary cash balance deficit at 17.82 bln in 2020
EconomyMacroeconomyGreece’s central government primary cash balance recorded a deficit of 17.82 billion euros in 2020 according to figures released by the Bank of Greece (BoG). The cash balance for the same time last... cash balance came to a deficit of 24.14 billion euros compared to a deficit of 477 million euros
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Hirings balance turns positive by almost 20,000 in Sept, boosted by seasonal factors
EconomyMacroeconomyGreece’s employment balance in September turned positive as there were 19,727 more hirings than departures, from a negative balance of 9,875 in August, according to data from the Labour Ministry’s Ergani information system. The balance in September last year was positive by 38,529, suggesting
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Employment balance turns negative by 70,048 in Oct as tourism season ends
EconomyMacroeconomyGreece’s employment balance in October turned negative with 70,048 more departures than hirings, from a positive balance by 19,727 in September, according to data from the Labour Ministry’s Ergani information system. The balance in October last year was negative by 33,356, suggesting a drop
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Final budget data for 2021 affirms revenue overperformance, primary balance below 6 pct of GDP
EconomyMacroeconomyThe budget primary balance for the full year landed at a deficit of 10.33 billion euros in 2021... execution data released on Tuesday. The primary balance is more than 600 million euros better compared... 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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Hiring balance slows in June as job market returns to normal levels
EconomyMacroeconomyGreece’s employment balance slowed down in June with 19,113 more hires than departures, according... is also the fifth straight month this year there has been a positive balance, after opening... and women was split 50-50. Women had a negative balance of 10,879 jobs. The highest positive balance
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Despite seasonal recruitment in accommodation and catering, hiring balance slows to 2,999 in July
EconomyMacroeconomyGreece’s employment balance slowed down in July with 2,999 more hires than departures, according... there has been a positive balance, after opening negative in January. Total hirings in July came... and women was split 54-46. Women had a negative balance of 10,871 jobs. With the exception of the 15-24
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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.... The hiring balance in April last year was also positive, with 132,352 more hires. This led to a year.... For departures, the share for men and women was 59-41 in favour of men. Women had a positive balance
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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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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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Employment balance negative by 17,318 in January
EconomyMacroeconomyThe employment balance was negative by 17,318 in January according to data from the Labour Ministry... hired than fired. Ergani noted that the month of January has registered a negative balance for each... percent and 40.6 percent, respectively. All five age brackets recorded a negative hirings balance
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