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  1. Seasonal jobs for chefs, waiters and cleaners propel April hiring balance to highest on record
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in April last year saw 123,059 more hires, a year-on-year improvement of 9,273 jobs. April’s balance... by 18,343 year-on-year, while voluntary exits were up by 17,291. Hirings were up by 44,907 jobs compared to April last year, while departures also rose by 35,634. The proportion of hirings for full

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  2. Q1 unemployment rises to 12.1 pct due to seasonal causes

    EconomyMacroeconomy

    Greece’s non-seasonally adjusted quarterly unemployment rate moved up significantly in Q1 this year... year) came to 298,700 people, representing 52 percent of the total unemployed. Alarmingly, the largest portion, 132,500, has not worked for more than four years, rising by 2.9 percent year-on-year. Most

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  3. Hotel and catering jobs propel May hiring balance to new record

    EconomyMacroeconomy

    last year saw 95,951 more hires, a strong year-on-year improvement of 31,069 jobs. May’s balance... by 3,852 year-on-year, while voluntary exits were down by 1,989. Hirings were up by 25,228 jobs compared to May last year, while departures dropped by 5,841. The proportion of hirings for full-time work

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  4. Despite moderation in June, H1 hiring balance up by 34,290 jobs YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to data from the Labour Ministry’s Ergani information system. The hiring balance in June last year saw 28,761 more hires, a year-on-year drop of 4,800 jobs as seasonal hires took place in previous... classed as layoffs and termination of contracts. Layoffs are down by 10,334 year-on-year, while voluntary

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  5. Dead fish in Volos cause big political stink
    Photo by Fosphotos

    PoliticsGreek Politics

    . Last year, Lake Karla and the surrounding area flooded due to the record rainfall caused by Storm... chairman, was not officially backed by New Democracy in last year’s local elections even though he had... governorship last year as he beat the incumbent, Kostas Agorastos, who had the backing of New Democracy

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  6. Newsletter 432 - 06/09/2024

    Newsletters

    by one percentage point next year, rather than the 0.5 that had been planned. Another 0.5-point drop was due the following year. The government has been bargaining with the European Commission to try... were impacted by the change in their tax regime earlier this year. The extra tax that the self

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  7. Aug hiring balance improves annually, 8M up by 18,350 jobs
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance improved year-on-year in August, with 5,081 more departures than hires... in August last year saw 15,826 more departures, leading to a year-on-year improvement of 10,745 more jobs.... Layoffs dropped by 5,726 year-on-year, while voluntary exits were down by 6,220. Hirings were down

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  8. Latest IMF forecasts see solid fiscal performance, poor growth beyond RRF
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    authorities and other international organisations. Growth for this year is seen at 2.3 pct... (MTP), where growth in 2027 is seen at 1.5 pct and the following year at 1.3 pct, reflecting... included in WEO, CPI is seen at 2.9 pct this year and at 2.3 pct in 2025, reaching the ECB target

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  9. Newsletter 438 - 25/10/2024

    Newsletters

    with” Pappas as the leftist politician was found guilty of breach of duty by a special court last year... the economy to grow by 2.3 pct this year and marginally slow down to 2 pct in 2025. The alarming sign... account deficit. The short-term outlook sees growth this year of 2.3 pct and 2.4 pct in 2025. These hinge

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  10. EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    . In May, growth for this year was seen at 2.2 percent and 2.3 percent for 2025. Inflation in Greece is not seen meeting the ECB objective before 2026, expected at 3 percent this year and 2.4 percent... was seen at 2.8 percent and 2.1 percent in 2025. Unemployment this year will be 10.4 percent this year

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