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  1. Hotel and catering jobs propel May hiring balance to new record

    EconomyMacroeconomy

    is the highest since the records began in 2001, beating the previous high of May 2017. Total hirings... of the total, with the remaining classed as layoffs and termination of contracts. Layoffs are down..., the hiring balance was positive by 315,247 jobs, improving by 39,090 jobs year-on-year. Total hires were

    13%

  2. Boosted by seasonal jobs, unemployment at 9 pct in Q3 - lowest since 2009
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    movements in the labour market during the high tourism season in Q3. A total of 482,424 were recorded... Aegean at 3.1 percent. The number of long-term unemployed (more than 1 year) came to 242,000 people, representing 56.5 percent of the total unemployed. Alarmingly, the largest portion, 102,400, has

    13%

  3. PM convenes emergency meeting to work out tariff response strategy
    By Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    in the global economy mean that Greece has to find new destinations for its exports. Total Greek exports... put their total value at less than 50 billion euros. Government officials have been trying to dampen... Yannis Stournaras said Trump's tariff measures could slow euro area growth by 0.5 to 1 percentage points

    13%

  4. Current account deficit improves to 2.11 bln in Apr, broadly stable in 4M
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    2024. The total services balance was 1 billion euros, from 941.2 million in April 2024. During... came to 2.88 billion euros in April, from 3.13 billion euros in the same month last year. Total imports came to 6.64 billion euros in April, from 7.5 billion last year. At the same time, total

    13%

  5. Seasonal factors take unemployment rate to 8.6 pct in Q2 - lowest since 2008
    Photo by MacroPolis

    EconomyMacroeconomy

    sector peak in Q3 each year and the build-up in hiring for the high season in Q2. A total of 411,722... Aegean at 3.8 percent and Crete at 4.1 percent. The number of long-term unemployed (more than 1 year) came to 234,600 people, representing 57 percent of the total unemployed. Alarmingly, the largest

    13%

  6. Quarterly unemployment eases to 8.2 pct in Q3, lowest since end-2008
    Photo by MacroPolis

    EconomyMacroeconomy

    to the tourism sector peak in Q3 each year and the build-up in hiring for the high season in Q2. A total... of long-term unemployed (more than 1 year) came to 230,800 people, representing 58.7 percent of the total unemployed. Alarmingly, the largest portion, 104,500, has not worked for more than four years

    13%

  7. How Greek banks could cut 2014 financing gap with a bond rollover
    Photo by Can Esenbel [www.mundanepleasure.com]

    Economy

    government bonds (GGBs) that mature in 2014 with a total nominal value of circa 15 billion... the mandatory conversion after 5 years by an increase in the fixed return by a 2 percent step-up after... and recognised in EBA core Tier I, Tier I and total adequacy capital, while being excluded from core Tier I

    13%

  8. Bank of Greece publishes bank stress test results, which see capital needs at 6.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    at 5.815 billion euros. The total amount for the domestic banking system, including also Attica... period and uses: The credit loss projections (CLPs) on total loans granted in Greece and abroad... positive to 0.8 percent in 2015 and 2 percent in 2016 Decline of unemployment rate to 26 percent in 2014

    13%

  9. Historic victory for SYRIZA in EU vote unlikely to dislodge Greek coalition
    Photo by MacroPolis

    PoliticsGreek Politics

    saw its support decline by a combined total of almost 11 percentage points. Nevertheless, the fact... of the vote was close to or above the combined total of the coalition’s backing. Elia survives... last year. The Neo-Nazi party’s support reached more than 9 percent, which was an increase of 2

    13%

  10. Greece sees travel receipts shoot up by 35.8 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    of 13.2 percent. Their share of total receipts eased to 4.8 percent from 5.4 percent last year... there is a risk that some of the scheduled visits from Russia and Ukraine, which account for 15 and 2 percent of total, may not take place. The growth of arrivals from Russia showed a significant slowdown

    13%