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Unemployment edges down to 16.7 pct, lowest since April 2011
EconomyMacroeconomyof 1.8 percent. Total employment reached 3.92 million people. ELSTAT’s data showed that there were... compared to July and by 4,407 persons when compared with August 2018 (-0.1 percent). The total... to the same month last year, the hirings balance was 3,905 lower this September. Total hirings came
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Current account shows surplus of 886.6 bln in September, aggregate figure almost balanced
EconomyMacroeconomyof the other (excluding general government) sectors. Total exports in September came to 2.70... time, total imports reached 4.69 billion euros, from 4.63 billion euros last year, a rise of 1.1... billion. Total exports rose by 1.5 percent, while imports rose by 3.1 percent.The respective amounts
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Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
EconomyMacroeconomy, with taxes making up 52.17 billion euros of the total. Taxes on goods and services will be higher... administration total 1.18 billion euros, with the lion’s share coming from lower taxes for corporations... by introducing 1.86 billion euros of total offsetting measures, driven by anticipated 557 million euros
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Unemployment edges down to 16.8 pct in September
EconomyMacroeconomyby 61,895 or a rise of 1.6 percent. Total employment reached 3.91 million people. ELSTAT’s data... with September 2018 (-0.2 percent). The total inactive population now stands at 3.22 million. The unemployment... to the same month last year, there were 2,690 fewer people fired than hired. Total hirings came
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Unemployment drops to 16.4 pct in Q3
EconomyMacroeconomy2011. This was combined with a QoQ rise of around 15,500 in those employed, bringing the total to 3.97... to 572,000. Out of the total, long-term unemployed constitute 73.6 percent in Q3. The latest quarter’s... percent of total), agriculture, forestry and fishing (11.3 percent), accommodation and food service
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Unemployment edges down to 16.6 pct in October
EconomyMacroeconomyor a rise of 1.7 percent. Total employment reached 3.93 million people. ELSTAT’s data showed... (-0.4 percent). The total inactive population now stands at 3.21 million. The unemployment rate... month last year, there were 2,690 fewer people fired than hired. Total hirings came to 208,583 versus
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Primary cash balance surplus at 5.56 bln in December
EconomyMacroeconomybillion euros against last year’s total of 50.79 billion. Expenditure for December fell by 829 million... and came to 359 million euros compared to 494 million euros last year. In the aggregate total, interest... showed a drop of 686 million euros, bringing the total to 51.55 billion euros. The Public Investment
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Greek banks eye positive market appetite for bad loan sales
EconomyBankingthe total from the current 24 billion down to 8 billion by the end of 2022. The NPE ratio... a mixed portfolio, which carries a total gross book value of 12 billion euros. Up to 3.7 billion euros... that as of Q3 2019, NPLs stood at 71 billion euros or 42.1 percent of total loans. Greece’s four
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Unemployment continues decrease in Nov, falling to 16.5 pct
EconomyMacroeconomyor a rise of 2 percent. Total employment reached 3.91 million people. The data showed that there were... (-0.6 percent). The total inactive population now stands at 3.23 million. The unemployment rate.... Total hirings came to 200,243 versus 203,909 departures. Around 65 percent of all departures were
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Hotel industry sees investment in high-end units, but hampered by seasonality
EconomyFeaturesof stays and 5.4 percent of revenue). In 2019, a total of 9,971 hotel units were registered in Greece with a total of 433,689 and 856,347 beds. The majority of these (22 percent) are located in the North..., HCH showed that in 2019, an average of one job was created for every 2.5 new hotel rooms. A total
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