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  1. Negative hiring balance in Jan, but figures improve YoY
    Image: NBG

    EconomyMacroeconomy

    for the last four months, with the last positive balance in September last year. Total hirings in January... of the total, with the remaining classed as layoffs and termination of contracts. Layoffs dropped by 2,780... compared to 2023 by 46,300 jobs as the total balance was positive by 70,349 more hires. Total hires

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  2. Alpha Bank and Eurobank start new year with further bad loan sales

    EconomyBanking

    unsecured NPLs (Mercury project) with a total outstanding balance of 2.1 billion euros and a total... pile. The merger also meant that Eurobank is now the best capitalised bank in Greece, with total... with their ambitious plans for reducing bad loans. It also raises the bar for the country’s three remaining

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  3. Newsletter 425 - 31/05/2024

    Newsletters

    , with populists Course for Freedom, religious conservatives Niki and leftists MeRA25 clearing the entry bar... captured by the data, as 40 pct of the total savings comes from 1 pct of the Greek households. Annual... YoY by over 150,000 setting total employment at 4.32 million. Although the number of unemployed

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  4. PM prepares to finalise relief package as talk of electoral tweak gathers pace
    Image: @kmitsotakis

    PoliticsGreek Politics

    this allowance at a total annual cost of 360 million euros, and any change will need... more room for relief measures. This could take the total package to around 2 billion euros... percent, plus one extra seat for every 0.5 percent up to a total of 50 seats at 40 percent) never

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  5. Coalition sets bar low for presidential vote, opts for pre-election rhetoric

    PoliticsGreek Politics

    The government appears to have set 165 as its target for the number of MPs’ votes it hopes to garner in the first presidential ballot on Wednesday. The number has appeared in several reports citing government sources and appears a logical goal in the wa...

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  6. Producer prices rise marginally by 0.1 pct YoY as all components bar energy increase

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) had a marginal rise in November, with an increase of 0.1 percent year-on-year (YoY), after a decrease of 1.4 percent in October, ELSTAT data showed on Tuesday. This was the first positive reading after four consecutiv...

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  7. Unemployment rate at 20.6 pct in Jan, inactive population rises
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on Thursday. In January, a rise of 12,443 people employed was noted versus December. The total... since October 2011 in which the total number of unemployed has stayed below the 1-million mark... of 21.2 percent, rising against the figure for Q3 of 20.2 percent. This took the total for 2017 to 21.5

    14%

  8. Growth in building permits slows to 4.3 pct YoY in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    The new year started with a slowdown in the growth of building permits in Greece, with total...) on Thursday. The total number of permits issued in January reached 1,522, from 1,459 in January 2021... permits issued rose by 26.6 percent. Total permits stood at 23,970. Surface area increased by 46.6

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  9. Catering and retail contribute to worst employment balance on record in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    January a record since data is reported. Total hirings in January came to 195,001 versus 226,998 departures. Voluntary departures accounted for roughly 38 pct of the total, with the remaining classed... balance reached 116,649, improved by 43,802 more jobs year-on-year. Total hires were 3.21 million

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  10. Current account at 1 bln surplus in Jan, goods deficit at 2.91 bln
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    billion euros in January, from 2.66 billion euros in the same month last year. Total imports came to 6.91 billion euros in January, from 6.6 billion last year. At the same time, total exports came to 4... euros. Travel receipts came to 302.2 million euros, from 281 million euros in January 2024. The total

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