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  1. Labour market comes to rest, unemployment at 10.5 pct in Q4
    Photo via https://flic.kr/p/2cusZTV

    EconomyMacroeconomy

    Greece’s non-seasonally adjusted quarterly unemployment rate moved only marginally in Q4 last year... was in the Southern Aegean at 4.2 percent. The number of long-term unemployed (more than 1 year) came..., 101,900, has not worked for more than four years, though it dropped sharply by 28.9 percent year

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  2. Slower growth nixes handout plans, fires criticism of ND's economic policies
    Photo by MacroPolis

    PoliticsGreek Politics

    showed that Greek GDP grew by just 0.2 pct quarter on quarter and 1.2 pct year on year in the final quarter of 2023 and by 2 pct for the whole year. These figures were below those expected... the assumptions on which this year’s budget has been put together. It also means that there is likely

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  3. Newsletter 418 - 29/03/2024

    Newsletters

    that human error was solely to blame for the accident that killed 57 people last year. However... the past year and a half, they had explicitly argued that there were several areas that needed... points, from 104.9 points in the previous month. This is the highest sentiment since August last year

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  4. Hotel and restaurant jobs keep hiring balance positive in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    last year saw 23,186 more hires, a year-on-year improvement of 1,357 jobs. Total hirings in February... year-on-year, while voluntary exits were up by 9,499. Hirings were up by 13,226 jobs compared to February last year, while departures also rose by 11,869. The proportion of hirings for full-time work

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  5. Newsletter 420 - 12/04/2024

    Newsletters

    year, stressing that spending ceilings will play a more prominent role in the surveillance process... to outline the initiatives the government has lined up for next year to boost incomes and reduce the tax... the planned increase in pensions, set by law as the average of inflation and GDP growth each year

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  6. Government tones down fiscal pledges as tighter framework starts to bite

    EconomyMacroeconomy

    on the new SGP rules that will be in place from next year, stressing that spending ceilings will play... has lined up for next year to boost incomes and reduce the tax burden. Hatzidakis unveiled a total..., set by law as the average of inflation and GDP growth each year, which will have an annual fiscal

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  7. IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    by 2 pct in 2024, the same estimate as in October’s WEO. Next year’s growth is also broadly.... Consumer prices are seen moderating from the 4.2 pct of last year, coming down to 2.7 pct in 2024... pct this year and at 5.3 pct in 2025. The IMF sees the unemployment rate dropping to single digits

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  8. March hirings balance hits new high, boosted by seasonal jobs in catering and accommodation
    Photo by MacroPolis

    EconomyMacroeconomy

    to data from the Labour Ministry’s Ergani information system. The hiring balance in March last year saw 61,912 more hires, a year-on-year improvement of 1,777 jobs. Total hirings in March came..., with the remaining classed as layoffs and termination of contracts. Layoffs are up by 6,898 year-on-year

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  9. Mitsotakis tempers expectations for EP vote, Kasselakis talks up prospects
    Image: www.primeminister.gr

    PoliticsGreek Politics

    for his party in this year’s European Parliament elections at a similar score to the one New Democracy... the government’s performance should be the 2019 results (rather than last year’s national elections... 2.3 billion euros per year and would have to be balanced by tax rises in other areas. Mitsotakis

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  10. Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    outlook for the year. The macroeconomic assumptions in this year’s budget compiled by the Finance Ministry.... As the year has progressed, it has become evident in the outlook of other organisations and the markets... in 2024 and 9.9 pct in 2025, while HICP is seen moderating to 2.6 and 2 pct this year and next, from

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