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  1. Exceptional conditions behind reduced unemployment rate of 14.4 pct in March
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    territory 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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  2. Majority of Greeks report financial hardship due to Covid-19
    Photo by MacroPolis

    Society

    that their bills were rising higher than their income, the second highest percentage in the survey after... said that they have been saving significantly less money than before against an EU average of 39... on their spending and that they were spending less on everyday items, slightly higher than the EU average

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  3. Overdue social security contributions rise to 36.32 bln in Q1

    EconomyMacroeconomy

    . Until the end of 2016, KEAO was fed by overdue contributions of more than 5,000 euros from the four.... A breakdown of amounts owed showed that 80.3 percent of debtors owe less than 15,000 euros each... to 820.2 million in 2016. Revenue collection for 2017 came to 1.05 billion, higher than the amount

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  4. Athens waits for EU recovery fund outcome as new Mati fire claims emerge

    PoliticsGreek Politics

    ), if Mitsotakis returns with a smaller amount than the advertised 32 billion euros... more than 100 lives. An investigative report published in Sunday’s Kathimerini has revived... in connection with the fire. Possibly even more shocking than the apparent attempt to cover up the fire

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  5. Newsletter 259 -24/07/2020

    Newsletters

    more than a third of the country’s annual GDP. All member states will have to submit to the European... in output, job losses and budgetary costs are expected to be less severe than the crisis period... hotels expected a drop of 56.1 percent, and indicates that the summer season is looking weaker than

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  6. Budget primary balance confirmed at deficit of 6.10 bln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    On a monthly basis, net revenues came to 2.67 billion euros which was 1.19 billion euros lower than... budget total revenues stood at 21.26 billion euros, lower than the target by 3.50 billion or 14.1... higher than the same period last year by 2.09 billion due to PIB which showed higher payments of 2.51

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  7. Authorities turn focus back to Covid-19 compliance as latest numbers trigger concern

    PoliticsGreek Politics

    Greece. In just one week, Greece recorded 472 new cases, which is 146 cases more than the cases..., ferries can operate at 80 pct capacity, rather than the previous 60 pct that was in place to minimise... to comply with social distancing and safety measures rather than punishing them for failing to do so

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  8. Pandemic's growing economic impact warrants extra support measures, funded by cash buffer
    Photo by MacroPolis

    PoliticsGreek Politics

    be funded from the existing reserves, rather than new borrowing. This appears to back up media reports... 200 pct of GDP, which is a tougher challenge than it may sound initially due to the rate at which... without a job in June are 13 pct higher (around 125,000 people) than in the same month last year. ELSTAT’s

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  9. Greeks suspicious of Covid-19 origins but warming to vaccine, polls show

    Society

    know while less than a third (30.6 percent) said they believed that the virus was not man made. More women than men were likely to believe that the virus was man made, as well as people over the age... by those who believe the coronavirus is more contagious than seasonal flu and also more lethal.

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  10. More fires at Moria add to pressure for effective response to asylum crisis

    PoliticsGreek Politics

    of emergency on the island following the first conflagration, which left more than 3,000 camp residents... greater weight than its fair share”. The President of the European Commission Ursula von der Leyen... Greece as a bridge to the EU rather than a hurdle, and put an end to an approach that is increasingly

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