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Quarterly unemployment stable at 8.3 pct in Q4 as labour market continues to improve
EconomyMacroeconomyto the tourism sector peak in Q3 each year and the build-up in hiring for the high season in Q2. A total.... The number of long-term unemployed (more than 1 year) came to 229,100 people, representing 58... four years, dropping by 4.1 percent year-on-year Most of the employed are working as employees (72.5
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Newsletter 498 - 13/03/2026
in institutional terms, arguing that four‑year terms should be completed and that political rules should..., for the next three months - a measure that had been in place until May last year due to the conflict... point from the growth outlook, while average inflation for the year could climb to 3.2 pct. NBG
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Newsletter 499 - 20/03/2026
in place until May last year. Still, there is a growing recognition that the situation may soon require... political vulnerabilities. With national elections roughly a year away, there is little room.... The 2026 budget projects indirect tax revenues of 40.9 billion euros, up from 39.21 billion last year
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Jan current account deficit at 1.29 bln, goods and services balances improve
EconomyMacroeconomycame to 2.81 billion euros in January, from 2.91 billion euros in the same month last year. Total imports came to 6.39 billion euros in January, from 6.91 billion last year. At the same time, total..., with the oil balance at a deficit of 622.8 million euros, from 585.9 million euros last year
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IMF sees war having moderate impact on economy, while fiscal outlook remains solid
EconomyMacroeconomy, slightly decelerating to 1.7 pct next year and 1.6 pct by 2031. This is a small downward revision from... for this year, slowing to 2.7 pct in 2027 and 2.1 pct in 2031. In autumn, CPI was seen at 2.5 pct for this year. The current account deficit will pick up this year to 6.4 pct of GDP, 5.7 pct in 2027 and 4
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Unemployment jumps to 10.6 pct in Q1 - highest in two years
EconomyMacroeconomypeak in Q3 each year and the build-up in hiring for the high season in Q2. A total of 508,401 people... unemployed (more than 1 year) came to 248,900 people, representing 49 percent of the total unemployed... year-on-year Most of the employed are working as employees (71.9 percent), while a significant share
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Greece's labour market is austerity's biggest casualty
Agora” and “Grexit” fade away. They both expect a slow recovery of economic activity in the second half of the year... should be executed without any unexpected challenges. Greece next year could have a primary surplus... and retail trade with 127,000, a 16% drop. The fourth and first quarters of each year are traditionally
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Greece's current account in surplus for the fourth consecutive month
EconomyMacroeconomybillion euros from 1.63 billion last year, according to Bank of Greece (BoG). The recorded drop year on year (yoy) mainly reflects an increase in the income and current transfers’ deficits by 295... performance led the C/A balance year to date to turn positive recording a surplus of 1.59 billion
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How big is Greek fiscal gap? Will cuts be needed? Here's our Q&A
PoliticsGreek Politicsto Athens having to find more budget savings next year. Going into the EU Council meetings, the talk... and International Monetary Fund, who are reportedly demanding an extra 2 billion euros in cuts next year... will Greece have to make next year? Opinions differ vastly on this issue. Reports over the past few
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Coalition wins crucial votes but at a price as SYRIZA leads polls
PoliticsGreek Politicsa particularly challenging year but did so in the knowledge that the respite it can enjouy will be brief. A year that is likely to be even tougher lies ahead. As expected, the government won the votes... the impression of a government racing towards the end of the year full of confidence and in command
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