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  1. Job hirings of 11,132 in Dec; 2016 net hirings at record high since 2001
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    that hirings amounted to 2.14 million within 2016 more than offsetting 2 million departures, of which... flexible types of work, slightly lower than last year’s figure of 55.5 percent. Specifically, part-time

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  2. Mitsotakis seals alliance with Drassi, targets role of unifier
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    In a move that will have mostly symbolic, rather than practical, impact, New Democracy announced on Thursday that the small pro-business party Drassi is to come under its umbrella. The cooperation... parties offers more to New Democracy in public relations terms than it does in supporter numbers

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  3. Newsletter 103 - 20/01/2017

    Newsletters

    on TrainOSE’s debt to OSE, amounting to more than 700 million, is pending. 2 Budget primary surplus almost..., with building permits plummeting by more than 86 percent over the last decade. Building activity has

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  4. Greek households saw net financial wealth plummet by 37.5 pct during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    their assets plummeted by more than one third. The latter was mostly evident in the early stage... their assets which more than doubled from 30.6 percent in Q1 2006 to 66.5 percent Q2 2012, not only

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  5. Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    with deductions of 3.14 billion in 2016, 4.8 percent lower than the 2015 figure of 3.29 billion. When broken down... of more than 40 billion euros dragging the loan stock down by 24.3 percent over this period. The consumer

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  6. New overdue taxes jump by 1.3 bln in Dec, total stock climbs to 54 pct of GDP
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a rise of more than 7,500 in the previous month. The aggregate figure for the whole year showed... had contracted by 639 million. The breakdown of the legacy tax debt showed more than three quarters

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  7. Number of new companies registering in 2016 half of those in 2008
    Photo by Natasha Pantazopoulou/Fosphotos

    Economy

    , retail trade, accounting and consulting). Although this figure is lower than the 88 percent recorded...). Overall, excluding tourism, the vast majority of sectors posted an average decrease of more than 30

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  8. Car sales soar 22.8 pct in first month of 2017

    EconomyMacroeconomy

    . Passenger cars make up more than 81 percent of car sales, while around 41 percent are registered... than the 13.5 percent growth rate recorded in 2015. Despite double-digit growth in each of the last

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  9. Waste management remains Greece's biggest environmental challenge, says EU
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    Along with Cyprus, Greece recycled just short than a fifth of municipal rate in 2014, jointly the third lowest rate in the EU and less than half the EU average, a new environmental implementation review from the European Commission has found. “Greece faces significant difficulties in implementing

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  10. Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    billion euros in 2016, up by more than 1 billion from the 2015 figure of 1.46 billion. The previous.... They have increased by more than seven times since then in the wake of PSI losses and sharp

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