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  1. 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

    10%

  2. 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

    10%

  3. 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

    10%

  4. 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.

    10%

  5. 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

    10%

  6. Travel receipts almost double, but current account deficit rises by 78 pct in 9M
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    billion euros in the same month last year. Total imports came to 8.32 billion euros, from 5.98 billion last year. At the same time, total exports came to 4.61 billion euros, from 3.67 billion in September

    10%

  7. Newsletter 362 - 09/12/2022

    Newsletters

    . Overall, total exports were down by 3.3 pct QoQ, while total imports fell marginally by 0.3 pct. The Q3

    10%

  8. Oct current account deficit widens to 2.7 bln - worst since 2008
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to a deficit of 2.5 billion euros in the same month last year. Total imports came to 8.75 billion euros, from 6.14 billion last year. At the same time, total exports came to 4.67 billion euros, from 3.64

    10%

  9. Nov job data delivers worst employment figures on record, as 2022 produces 71,700 fewer places

    EconomyMacroeconomy

    essentially closes doors. Total hirings in November came to 202,015 versus 285,642 departures. Voluntary departures accounted for roughly 29 pct of the total, with the remaining classed as layoffs

    10%

  10. Current account deficit widens to 3.93 bln in Nov, 17.48 bln in 11M
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to 3.8 billion euros, compared to a deficit of 2.1 billion euros in the same month last year. Total imports came to 8.44 billion euros, from 6.88 billion last year. At the same time, total exports came

    10%