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Hirings balance positive by 6,556 in September but momentum slows down year-on-year
EconomyMacroeconomyThe employment balance returned to positive territory in September with 6,556 more hirings than... for the year so far, and revealed that the majority of firings were layoffs rather than voluntary... noted in the 15-24 years age group, where 22,606 more people were fired than hired, and in the 64
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Newsletter 179 -19/10/2018
, slightly lower than the 9.6 percent growth seen in March. In nominal terms, the Greek economy grew by 2.1... than the initial nominal growth estimate of 9.9 percent. According to the latest data, the Greek... territory in September with 6,556 more hirings than departures, data from the Labour Ministry’s Ergani
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Car sales rise by 19.2 pct in October
EconomyMacroeconomy. September’s figure was the first time since May 2017 that car sales declined rather than went up... in 2017 was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than half of the record high of 372,892 vehicle registrations in 2007. A contributing factor
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Apartment prices up by 2.5 pct in Q3 as recovery trend continues
EconomyMacroeconomyhas contracted by more than a quarter since the end of 2010. The household lending sector’s negative... than that for 2016, it remains around 86 percent lower than the peak of 95,730 permits issued in 2005. The majority of building activity centres around refurbishments of old properties rather than new
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Newsletter 183 -16/11/2018
, seeking to build on the momentum created by the approval of more than 800 million euros in backpay... to a Bloomberg report, will be to reduce them by more than 40 billion euros. At the same time... to the scheme that was used in Italy and envisages lifting more than 15 billion euros off banks' books
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Newsletter 184 -23/11/2018
Ministry included tax cuts and social spending measures worth more than 900 million euros, up from... than spending. Looking ahead, GDP growth is projected to edge up in 2019 as the recovery in private... departures than hirings, according to data form the Labour Ministry’s Ergani information system. October
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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeaturesfinancial performance than in lesser destinations. Due to the concentration of arrivals in popular..., a typical greenfield project takes more than 15 years to complete and most of them never make..., there were more than 65 operating hotel companies and 35 hotel properties advertised for sale. Regarding
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Overdue social security contributions rise to 34.35 bln in Q3
EconomyMacroeconomy) revealed. Until the end of 2016, KEAO was fed by overdue contributions of more than 5,000 euros from... of debtors owe less than 15,000 euros each for an aggregate amount of 3.80 billion euros (11.1 percent... billion in Q2. The current quarter’s figure is 19.6 percent higher than that for the relevant period
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Unemployment at 18.6 pct in October as unemployed fall by 12.2 pct year-on-year
EconomyMacroeconomyforce came to 4.72 million in October, slightly lower than the figure of 4.76 million noted in September... Ministry’s Ergani database for November showed that there were 33,249 more departures than hirings. Compared to November 2017, there were an additional 5,972 hirings than departures. Total hirings
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Primary surplus confirmed at 3.34 bln in Dec, misses annual target by 367 mln
EconomyMacroeconomyto 2046. These funds will be included in state coffers as of January 2019 rather than December... was more or less unchanged YoY at 49.76 billion, lower than the target by 564 million. The MoF noted... revenues came to 788 million in December, notably higher than the previous month’s figure of 165
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