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  1. Hotel and restaurant jobs boost hirings balance in March
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    to data from the Labour Ministry’s Ergani information system. The hiring balance in March last year... classed as layoffs and termination of contracts. Layoffs are up by 16,705 year-on-year, while voluntary exits were up by 6,429. Hires were up by 50,673 jobs compared to March last year, while departures

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  2. Jobs in hotels, hospitality push April hirings balance to near-record level
    Photo by MacroPolis

    EconomyMacroeconomy

    to data from the Labour Ministry’s Ergani information system. The hiring balance in April last year... are up by 11,971 year-on-year, while voluntary exits were up by 721. Hires were up by 11,406 jobs compared to April last year, while departures are also up by 12,692. The proportion of hirings for full

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  3. Newsletter 383 - 02/06/2023

    Newsletters

    outperforming considerably over the last year and half. This year alone, VAT on goods and services is above the target in the first four months by more than half a billion euros. Last year’s... also intensified, with a decline of 8.7 pct year-on-year. The trend is also reflected in the monthly

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  4. Wage rises become top issue but trajectory lined with obstacles
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ’s lenders to improve the competitiveness of the economy, the automatic three-year maturities.... The latest rise introduced by ND was in April this year, when the minimum wage was bumped to 780 euros..., an increase of 5 pct compared to May last year, when employment had grown by 8 pct. Gross earnings in May

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  5. PBO sees normality returning, but inflation will have multifaceted effects

    EconomyMacroeconomy

    under the spectre of inflation. The PBO notes that the economy grew by 2.1 pct year-on-year (YoY... introduces its own growth forecasts for this year and next. In the baseline scenario, the economy is expected to grow by 2.2 pct this year and also by 2.2 pct in 2024. This year’s inflation is seen at 4.6

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  6. Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln
    Photo by MacroPolis

    EconomyBanking

    of 755 million euros last year, a drop of 20.7 percent. The profit was adjusted by normalising other... percent. Core pre-provision income (PPI) rose by 76 percent year-on-year (YoY) in H1 to 869.2 million euros, from 493.9 million euros in the same period last year, a jump of 76 percent. Asset quality

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  7. Waiters and hospitality jobs lead way as hiring balance improves YoY in June
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    to data from the Labour Ministry’s Ergani information system. The hiring balance in June last year..., with the remaining classed as layoffs and termination of contracts. Layoffs are up by 20,007 year-on-year, while voluntary exits were down by 1,690. Hires were up by 27,965 jobs compared to June last year

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  8. Return to investment grade overshadowed by flood destruction

    Economy

    to support energy bills for most of last year, the country reached a surplus of 0.1 pct of GDP last year and maintain the goals of 1.1 pct primary balance this year and essentially double to 2.1 pct... investments. DBRS endorses the Greek authorities estimates of 2.3 pct growth this year, as the investment

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  9. Newsletter 393 - 15/09/2023

    Newsletters

    were to be extended to the end of the year but will now expire in October, and the “personal difference” supplement for pensioners which is being pushed back into the new year. Mitsotakis met... to Athens next year. She added that Greece could also repurpose some of its NextGeneration EU package

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  10. Newsletter 395 - 29/09/2023

    Newsletters

    campaign, and is expected to return to head the unit, from which he was ejected earlier this year after... colour, especially with European Parliament elections coming up next year. Some commentators believe that he will continue to be coy until next year’s European Parliament elections, perhaps using SYRIZA

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