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Newsletter 321 - 17/12/2021
continuously since February this year, after a full year of contraction in the previous rolling 12-months
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End of freeze on layoffs coincides with worst ever hirings balance in Nov
EconomyMacroeconomyby close to 89 pct, or 132,411 more job losses. The proportion of hirings that were for full-time
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PBO outlines positives from 2021, warns about uncertainty in 2022
Economyfavourable, noting that the PDMA is working on prepaying parts of the GLF loans and the full balance
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Unemployment drops to 13 pct in Q3, lowest since 2010, as employed exceed 4 mln
EconomyMacroeconomyQ3 2020. Full time employment is roughly 3.78 million people, increasing by 5.1 percent quarter
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A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
PoliticsForeign PolicyItaly ceded to Greece in full sovereignty the Dodecanese islands. Turkey was not a signatory, so
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Govt opts to reopen schools on time, drawing opposition criticism
PoliticsGreek Politicstheir booster shot. Just 13.6 pct of under-18s are vaccinated. By comparison, the EU average for full
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Another strong rise of 8 pct for industrial production in Nov, led by manufacturing
EconomyMacroeconomy, exceeding a full year of continued growth. The most significant rise of 22.7 percent was recorded
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Fitch improves outlook to positive, sees investment grade hinging on fiscal performance and banks
Economyin full and the prepayment of the 2022 and 2023 instalments of the GLF loans, for a total exercise
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Govt treads carefully on economic relief measures, hoping normality is near
PoliticsGreek Politicsout his full four-year term. Post-programme review The government’s cautious approach regarding
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Despite job losses in Q4 2021, year closes with positive hirings balance
EconomyMacroeconomyby 104,352 more job losses. The proportion of hirings that were for full-time work came to just over 50
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