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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

    . A total of 488,667 were registered as unemployed in Q4, decreasing by 5 percent from the previous... to 248,200 people, representing 50.8 percent of the total unemployed. Alarmingly, the largest portion... of total, while the share of persons with temporary jobs was 10.7 percent, against 89.3 percent

    12%
  2. 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... of the total, with the remaining classed as layoffs and termination of contracts. Layoffs are up by 2,370... was negative by 7,454 jobs, deteriorating by 3,029 jobs year-on-year. Total hires were 391,463, against 398,917

    12%
  3. March hirings balance hits new high, boosted by seasonal jobs in catering and accommodation
    Photo by MacroPolis

    EconomyMacroeconomy

    saw 61,912 more hires, a year-on-year improvement of 1,777 jobs. Total hirings in March came to 252,606 versus 188,917 departures. Voluntary departures accounted for roughly 42 pct of the total... of 2024, the hiring balance was positive by 56,235 jobs, deteriorating by 1,252 jobs year-on-year. Total

    12%
  4. Central govt debt drops to 405.54 bln in Q1, bonds rise by 3bln

    EconomyMacroeconomy

    up the bulk of the total, accounting for 56 percent. The value of FSM loans came to 227.11 billion... of GLF loans as part of liability management. The weighted average maturity of the total debt... percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted

    12%
  5. Seasonal jobs for chefs, waiters and cleaners propel April hiring balance to highest on record
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is the highest since the records began in 2001, beating the previous high of April 2022. Total hirings... pct of the total, with the remaining classed as layoffs and termination of contracts. Layoffs are up..., the hiring balance was positive by 188,587 jobs, improving by 8,021 jobs year-on-year. Total hires

    12%
  6. Q1 unemployment rises to 12.1 pct due to seasonal causes

    EconomyMacroeconomy

    . A total of 574,130 were registered as unemployed in Q1, increasing by 17.5 percent from... year) came to 298,700 people, representing 52 percent of the total unemployed. Alarmingly, the largest... as self-employed without employees (20.6 percent). Part-time employment was 7.9 percent of total, while

    12%
  7. Hotel and catering jobs propel May hiring balance to new record

    EconomyMacroeconomy

    is the highest since the records began in 2001, beating the previous high of May 2017. Total hirings... of the total, with the remaining classed as layoffs and termination of contracts. Layoffs are down..., the hiring balance was positive by 315,247 jobs, improving by 39,090 jobs year-on-year. Total hires were

    12%
  8. Despite moderation in June, H1 hiring balance up by 34,290 jobs YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    months and the balance had grown strongly already. Total hirings in June came to 340,736 versus 316,775 departures. Voluntary departures accounted for roughly 33 pct of the total, with the remaining..., improving by 34,290 jobs year-on-year. Total hires were 1.71 million, against 1.37 million

    12%
  9. Current account hampered by goods deficit in July as travel balance drops YoY
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    billion euros in the same month last year. Total imports came to 7.37 billion euros in July, from 6.8 billion last year. At the same time, total exports came to 4.52 billion euros, from 4.18 billion.... Travel receipts came to 4.03 billion euros, from 4.21 billion euros in July 2023. The total

    12%
  10. Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in 2025, at circa 6 billion euros, from 2.4 pct and 5.68 billion euros this year. The total deficit... billion euros, from 23.88 billion euros in 2024. Spending and debt Total state expenditure... and grants of the RRF. The total level of interventions for 2025 come to 2.94 billion euros, 628

    12%