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May employment balance positive by 105,282 as seasonal hires pick up
EconomyMacroeconomy, there were 3,441 fewer hirings than firings in May 2019. Total hirings came to 323,524 versus... the Labour Ministry’s Ergani information system showed. Ergani noted that the balance for this May is the second highest positive balance on record for the month since 2001. Additionally, May’s figure
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Employment balance positive by 32,975 in May, aggregate figure shows 259,233 fewer jobs
EconomyMacroeconomyThe employment balance was positive with 32,975 more hirings than firings in May, data from the Labour Ministry’s Ergani information system showed. However, although the figure for May itself... hires compared to last May, in sectors closely connected to tourism which have been disproportionately
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Unemployment rate jumps to 17 pct in May
EconomyMacroeconomypersons when compared with May 2019 (+2.3 percent). The total inactive population now stands at 3.40...Greece’s seasonally adjusted (SA) unemployment rate came to 17 percent in May from a slightly... on Thursday. For the same time last year, the unemployment rate came to 17.2 percent. In May
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Newsletter 194 -15/02/2018
the “small PPC” plan in 2015 after the previous government has spent months working on it. May elections... be on another date [apart from the end of the government’s four-year term], by which I mean May.” His comment... Skourletis that were also seen as talking up the possibility of elections being held in May along
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Is Greece facing a new migration crisis?
Societythe political blame game is the sense that a new migration crisis may be brewing, and that Greece is ill... thousand people were landing on the beaches daily. A total of 9,656 people arrived in Greece... in Greece out of the total 1,152,653 migrants who arrived in the country since the beginning of 2015
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Deposits rise for third straight month in May, reaching 162.1 bln
EconomyMacroeconomyGreek private sector deposits rose 0.4 percent month on month (MoM) in May, with balances reaching... for the third straight month with inflows slightly increasing to 548 million euros in May from revised 411 million in April. May’s flow is fully attributed to time inflows of 749 million, while sight
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This is where Greek gov't could find cash to cover May's obligations
EconomyProgramme-Bill rollovers in March with a total amount of 150-200 million. The second major debt obligation... this obligation. May obligations Debt obligations in May are higher than those in April and include: a) Rollover of 1.4 billion 6-month T-Bills on May 6 with foreign investors holding a considerable
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Current account deficit widens to 412 mln in May
EconomyMacroeconomyGreece's current account (C/A) deficit almost tripled to 411.6 million euros in May from 139.9... year to positive this May. Moreover, BoG said that the drop in exports is largely due to a decrease... percent and total exports 4.5 percent. The decline in the services’ surplus mainly results from lower net
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Unemployment in Greece falls to 19.5 pct in May, below 20 pct for first time since Sept 2011
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate in May edged down to 19.5 percent from... on Thursday. The unemployment rate in May last year was 21.7 percent. The latest rate is the first time... for those employed jumped by 70,052, rising by 1.9 percent. Total employment reached 3.82 million people
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Budget primary surplus confirmed at 916 mln in May on higher expenditure
EconomyMacroeconomy, compared to a surplus of 853 million noted in May 2018, the Finance Ministry’s (MoF) final budget... the aggregate target by 2.55 billion euros. The monthly primary balance for May landed at a deficit... to May 2018 when the figure stood at a deficit of 947 million euros, the monthly primary balance’s
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