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  1. Q2 unemployment drops to 12.4 pct, reflecting seasonality in job market
    Photo by MacroPolis

    EconomyMacroeconomy

    of 15.8 percent. A total of 591,573 were registered as unemployed in Q2, decreasing by 8.6 percent... of long-term unemployed (more than 1 year) came to 370,400 people, representing 62.6 percent of the total

    16%

  2. Newsletter 351 - 16/09/2022

    Newsletters

    reading: “Diligence, continuity, stability”, Mitsotakis set out a total of 21 interventions, one-off... outpaced the ministry’s estimates, with the total cost for 2022 jumping to 13.2 billion euros, up by 55

    16%

  3. Tsipras hits back with own economic pledges, choice for voters to ponder
    Image: www.syriza.gr

    PoliticsGreek Politics

    RRF money to SMEs via the Hellenic Development Bank and preventing the total privatisation.... The arithmetic involved means that the winning party, or coalition, would need a total of around 44

    16%

  4. Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    billion euros, compared to a deficit of 2.23 billion euros in the same month last year. Total imports came to 7.98 billion euros, from 5.7 billion last year. At the same time, total exports came

    16%

  5. Tourism jobs tumble in Aug, ending 6-month run of positive hirings balance
    Photo by MacroPolis

    EconomyMacroeconomy

    surplus, after opening negative in January. Total hirings in August came to 197,982 versus 230,948 departures. Voluntary departures accounted for roughly 45 percent of the total, with the remaining classed

    16%

  6. Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    of GDP, or 3.58 billion euros, which is improved on the target of 2.2 pct of GDP. The total deficit... of GDP and the total deficit to 4.51 billion euros, or 2 pct of GDP. Interest payments are seen 1

    16%

  7. Education hirings offset losses in tourism for Sept as 9M figure drops by 21,394 jobs YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    compared to the 19,727 balance of September 2021. Total hirings in September came to 343,166 versus 316,928 departures. Voluntary departures accounted for roughly 41 pct of the total, with the remaining

    16%

  8. Current account surplus drops in Aug, as 8M deficit jumps by 73 pct to over 10 bln
    Image via www.moh.gr

    EconomyMacroeconomy

    in the same month last year. Total imports came to 7.72 billion euros, from 5.19 billion last year. At the same time, total exports came to 4.71 billion euros, from 2.77 billion in August 2021

    16%

  9. Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln
    Image via www.piraeusbank.gr

    EconomyBanking

    year, while normalised trading income was 64 million euros. Total operating expenses stood at 623... pct, while the total capital ratio was at 15.4 pct.

    16%

  10. Job market slows this year as 67,202 fewer jobs created up to Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    of the tourism season. Total hirings in October came to 244,052 versus 359,908 departures. Voluntary departures accounted for roughly 26 pct of the total, with the remaining classed as layoffs

    16%