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Govt grabs opportunity offered by escape clause to entice voters with support package
Economyneeded for this weekend’s announcement, which reached a total of 3.4 billion euros, or 2.35 billion... fiscal correction in the coming years that would see the total deficit falling to 2.9 pct next year from 9.9 pct this year is seen mostly on the expenditure side, where total spending is expected
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Short-term fix for electricity bills leaves open questions for green transition strategy
Societydeclined significantly in recent years it can still reach double digits as a percentage of the total... offline by the end of this summer, out of the total 3,900 MW of installed lignite capacity in operation... would add approximately 112 million euros to the total cost of electricity consumed by low voltage
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Public sector hires under scrutiny again with more in the pipeline
PoliticsGreek Politicsbeen the sectors hit hardest by the departures, accounting for 44 pct and 22 pct respectively of total retirement applications in 2020, and 53 pct and 20 pct of the total in 2021. The government plans.... Total hires, including temporary staff, could exceed 45,000 in 2022 according to a plan presented
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BoG sees banks on right path, warns impact of pandemic not visible yet
EconomyBanking, Common Equity Tier 1 dropped to 12.5 pct, from 15 pct in the end of last year. The total capital ratio... into consideration the impact of IFRS 9, then DTCs are 71.5 pct of total prudential funds. BoG has been... banks and the state, the bank-sovereign nexus. Total exposure stands at 26.4 pct of total bank
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Newsletter 330 - 04/03/2022
dominated by the imports of fuels, with total imports from Russia at 4 billion euros, from close to 7... billion euros, or 11 pct of the total. The current direct impact on tourism is mostly measures... in Greece is also low, with 155 million euros since 2012 and just 0.6 pct of the total 4.5 billion
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Reopening of 7-year bond affirms tougher conditions on sovereign debt market
Economythe process on Wednesday, which brings the total for the issue to 3.92 billion euros, from 2.42... of the total 12 billion euros debt strategy. The issue was reopened on Wednesday morning... a diversified investor base, with 68 pct coming from abroad, and a total of 110 accounts participating
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Newsletter 410 - 02/02/2024
it was in the range of 10 pct of GDP and represented more than 40 pct of total investment in the same period... of GDP in 2017. Meanwhile, housing dropped to just 5.2 pct of total investment in the same year... Airbnb, leading to a total shortage of properties by 212,000. With such a market imbalance it begs
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Newsletter 445 - 13/12/2024
to 20 pct who back New Democracy. The left-wing space is very crowded as there are a total of four... the 2020 high. Greece is gradually bringing its budget in total balance, as the total deficit of just 1.4... to social security will make up 34.44 billion euros, out of 80.5 billion euros of total spending
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Hiring balance turns negative in Dec, 2024 balance down by 46,300 jobs
EconomyMacroeconomydeterioration in December of 32,714 less jobs. Total hirings in December came to 219,773 versus 233,991 departures. Voluntary departures accounted for roughly 33 pct of the total, with the remaining... by 46,300 jobs as the total balance was positive by 70,349 more hires. Total hires came to 3.31 million
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Sharp drop in Jan unemployed leads to lowest rate since Dec 2008
EconomyMacroeconomy-on-year, the number of employed people increased by 61,559 people, with total employment comfortably... more departures than hires in December. Total hirings came to 219,773 versus 233,991 departures... as the total balance was positive by 70,349 more hires. Total hires came to 3.31 million and departures were
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