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Newsletter 470 - 11/07/2025
sea arrivals this year and declared that detentions and deportations were the only remaining options..., Mitsotakis defended his six-year track record in office and framed migration as a test of stability... from 30.4% in May but still above the 28.1% recorded earlier this year after public fury over
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Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
EconomyMacroeconomyto data from the Labour Ministry’s Ergani information system. The hiring balance in June last year had 23,961 more hires. This led to a year-on-year drop of 8,293 jobs, although it should be noted... of contracts. Layoffs rose by 25,571 year-on-year, while voluntary exits were up by 7,212. Hirings
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Jobs in education lead negative hiring balance of 20,728 in July
EconomyMacroeconomyto data from the Labour Ministry’s Ergani information system. The hiring balance in July last year had 34,979 more departures. This led to a year-on-year drop of 14,250 fewer departures. However... classed as layoffs and termination of contracts. Layoffs dropped by 13,205 year-on-year, while
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Mitsotakis delivers major tax-cut package as he seeks to stay course for another term
PoliticsGreek Politicsfor under-25s earning up to 20,000 euros, and a 9 pct rate (instead of 22%) for 25–30 year-olds—locked in for the next five years. From next year, 671,000 pensioners lose half of their so-called... that year’s fiscal space. The tax scale interventions will cost 1.2 billion in 2026 and 1.6 billion
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Current account deficit improves significantly, reaching 6.62 bln up to Aug
EconomyMacroeconomyof goods came to 2.21 billion euros in August, from 2.67 billion euros in the same month last year. Total imports came to 5.48 billion euros in August, from 6.29 billion last year. At the same time, total... year. The balance of goods excluding oil and ships was 1.89 billion euros in deficit, from 1.93 billion
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Hiring balance improves by more than 18,000 jobs up to Aug
EconomyMacroeconomyyear had 5,081 more departures. This led to a year-on-year drop of 2,539 fewer departures. Total... by 1,261 year-on-year, while voluntary exits were down by 5,146. Hirings were down by 1,346 jobs compared to August last year, while departures dropped by 3,885. The proportion of hirings for full
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Current account deficit improves significantly in 9M, falling to 7 bln
EconomyMacroeconomy, from 3.14 billion euros in the same month last year. Total imports came to 6.89 billion euros in September, from 7.18 billion last year. At the same time, total exports came to 4.15 billion euros, from... at a deficit of 358.1 million euros, from 984.8 million euros last year. The balance of goods excluding oil
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Government pins hopes on payments, OPEKEPE shake-up to stem farmers’ protests
PoliticsGreek Politicssystem tidied up by the end of the year. Rural discontent is just one source of concern... of the payments system will allow a line to be drawn under the OPEKEPE affair by the end of the year.... The government’s goal is to see the legislation through Parliament by year end in order to make
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Current account deficit still improving in Oct due to trade balance for services, goods
EconomyMacroeconomyyear. Total imports came to 6.86 billion euros in October, from 7.14 billion last year. At the same... euros last year. The balance of goods excluding oil and ships was 2.48 billion euros in deficit..., from last year’s figure of 1.84 billion euros. Travel receipts came to 2.25 billion euros, from 2.08
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Newsletter 490 - 16/01/2026
by alarming data for households after the release of the final inflation data for last year. Over... was also captured in last year’s opening bond, in January 2025, which broke the demand record... for the whole year. The offers were over six times of the total 8-billion-euro strategy in just one
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