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PM unveils 1.1-billion-euro anti-inflation package to opposition scepticism
PoliticsGreek Politicshouseholds will get a discount of 22 cents a litre for a total 180 litres of petrol over the next three... will total 324 million, while the transport fuel discounts are expected to add up to 130 million. Mitsotakis... the previous year, and that the 2 pct minimum wage increase at the start of the 2022 only absorbed
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Newsletter 362 - 09/12/2022
. Overall, total exports were down by 3.3 pct QoQ, while total imports fell marginally by 0.3 pct. The Q3... in the last quarter of last year, Q4 2022 GDP could record an even deeper contraction of over 2 pct
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Current account deficit exceeded 20 bln last year, up from 12.27 bln in 2021
EconomyMacroeconomycame to 2 billion euros, compared to a deficit of 3.3 billion euros in the same month last year. Total imports came to 7.45 billion euros in December, from 6.82 billion last year. At the same time, total exports came to 4.45 billion euros, from 3.52 billion in December 2021. The impact of fuel
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Newsletter 390 - 21/07/2023
billion euros of total declared income, 66 pct comes from wages and pensions and just 4.3 billion, or 5... was allowed to allocate some of the most generous packages in the EU for Covid and the energy front. The total... it will have to double this year’s primary balance to more than 2 pct of GDP and keep it there for the next
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Unemployment rate remains lodged near 11 pct after no change in Aug
EconomyMacroeconomyby 30,190 people, with total employment staying above the four-million mark, at roughly 4.17... year-on-year and now stands at 3.11 million. The unemployment rate among women fell by almost 2... reached 296,624, improved by 26,433 more jobs year-on-year. Total hires were 1.92 million, against 1.63
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Current account deficit drops further, at 6.85 bln up to Aug from 11 bln last year
EconomyMacroeconomy, compared to a deficit of 3.05 billion euros in the same month last year. Total imports came to 6.61 billion euros in August, from 7.79 billion last year. At the same time, total exports came to 3.56 billion... excluding oil and ships was 2.44 billion euros in deficit, from 2 billion euros in August 2022. The travel
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Unemployment rate stays below 10 pct in Nov as inactive numbers rise
EconomyMacroeconomyin May 2008. Year-on-year, the number of employed people increased by 12,025 people, with total... to 11.7 percent, while the rate for men stood at 7.5 percent, a drop of roughly 2 pps year-on-year... jobs year-on-year. Total hires were 2.71 million, against 2.64 million departures.
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First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses
EconomyBanking. This was a 2 pct point bump from the initial plans thanks to strong demand, for a price of 5.3 euros/share.... The transaction was heavily oversubscribed by 8x, roughly 3x in Greece and 9x abroad. The total stake.... This brings the total intakes from the divestment process to roughly 2.8 billion euros, which translated
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Newsletter 419 - 05/04/2024
, purchases peaked in Q2 2023 with 605.8 million euros. Total FDI in 2023 was 5 billion euros... and 8.4 pct for men. Youth unemployment dropped by 2 percentage points to 25 pct. Hirings balance... balance in January. Total hires were 391,463, against 398,917 departures.
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June unemployment rate at 9.6 pct as seasonality favours labour market
EconomyMacroeconomyby 79,229 people, with total employment comfortably staying well above the four-million mark, at roughly..., from 9 percent in June 2023. Youth unemployment dropped by 2 pps year-on-year to 22.5 percent, while..., improving by 34,290 jobs year-on-year. Total hires were 1.71 million, against 1.37 million departures.
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