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Unemployment unchanged at 11.8 pct in Q1, sharp fall in long-term jobless
EconomyMacroeconomypercent. A total of 550,535 were registered as unemployed in Q1, decreasing by 1.4 percent from... of the total unemployed. Alarmingly, the largest portion, 123,700, has not worked for more than four years... was 8.4 percent of total, while the share of persons with temporary jobs was 6.5 percent, against
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Waiters and hospitality jobs lead way as hiring balance improves YoY in June
EconomyMacroeconomywas 19,113 more hires, suggesting an improvement of 9,648 jobs. Total hirings in June came to 357,931 versus 329,170 departures. Voluntary departures accounted for roughly 30 pct of the total... 304,918, improved by 37,726 more jobs year-on-year. Total hires were 1.64 million, against 1.33
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Labour bill controversy dents plans for announcements of new measures in Sep
PoliticsGreek Politicscontributions. There are 10,168 individual and 16,839 companies that owe a total of 142.6 billion... codes filed returns and 65 pct of them declared incomes of less than 10,000. The total income declared was 84.2 billion euros, from 79.7 billion in the previous year, with a total tax obligation of 8.9
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New bonds drive up central government debt by 3 bln to 404.69 bln in Q2
EconomyMacroeconomyrelatively stable. FSM loans continue to make up the bulk of the total, accounting for 58 percent... creditors to pre-pay the two coming years of the GLF loans. The weighted average maturity of the total...-term (over 5 years) debt made up 70.5 percent of the total, while short-term (up to 1 year
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Hiring balance for 7M reaches record despite first negative July reading since 2019
PoliticsGreek Politicswas 2,999 more hires, suggesting a year-on-year deterioration of 11,293 jobs. Total hirings in July... of the total, with the remaining classed as layoffs and termination of contracts. Layoffs are up by 21,483... balance reached 296,624, improved by 26,433 more jobs year-on-year. Total hires were 1.92 million, against
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Q2 unemployment rate drops to 11.2 pct, employed increased by 3.4 pct QoQ
EconomyMacroeconomy. A total of 533,341 were registered as unemployed in Q2, decreasing by 3.1 percent from... percent of the total unemployed. Alarmingly, the largest portion, 140,600, has not worked for more... employees (19.9 percent). Part-time employment was 7.4 percent of total, while the share of persons
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Hiring balance up to August improves by 43,573 jobs YoY
EconomyMacroeconomylast year saw -32,966 more departures, suggesting a year-on-year improvement of 17,140 jobs. Total... 45 pct of the total, with the remaining classed as layoffs and termination of contracts. Layoffs..., improved by 43,573 more jobs year-on-year. Total hires were 2.14 million, against 1.86 million
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Lower repos push debt down to 402.88 bln in Q3, bonds rise by 2.5 bln
EconomyMacroeconomyby 2.5 billion euros of more bonds. FSM loans continue to make up the bulk of the total, accounting... maturity of the total debt stayed unchanged at 17.18 years. Peak average maturity was 20.85 years in Q3... years) debt made up 71.4 percent of the total, while short-term (up to 1 year) and medium-term (1
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Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
EconomyMacroeconomybalance will come to 2.1 pct of GDP, from 1.1 pct this year. The total deficit will halve to 2.49... billion euros will be adjustment programmes loans. Total maturities next year will be 14.66 billion euros, which is 3.64 pct of the total stock.
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Unemployment drops marginally to 10.8 pct in Q3
EconomyMacroeconomy. A total of 514,622 were registered as unemployed in Q3, decreasing by 3.5 percent from the previous... percent of the total unemployed. Alarmingly, the largest portion, 131,800, has not worked for more than... employees (20 percent). Part-time employment was 6.6 percent of total, while the share of persons
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