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  1. Seasonal jobs account for 7 in 10 hirings as balance nears 100,000 in May
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance continued its recovery in May with 99,956 more hires then departures... also had a solid positive balance of 124,365 more hirings than departures. The balance in May last year... in May 2020 the labour market was affected by the pandemic with just 32,975 more hires ahead of a very

    13%

  2. Current account balance continues to deteriorate as deficit up to May exceeds 9 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account recorded a deficit of 2.35 billion in May, from 2.69 billion euros in April, Bank of Greece (BoG) data showed on Monday. In May 2023, the balance showed a deficit of 1.63... in May, from 3.02 billion euros in the same month last year. Total imports came to 7.55 billion euros

    13%

  3. Significantly improved oil balance pushes current account to 196.5 mln surplus in May
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s current account recorded a surplus of 196.5 million euros in May, from a deficit of 2.11 billion euros in April, Bank of Greece (BoG) data released on Monday showed. In May 2024, the balance... the services surplus declined. The deficit for the balance of goods came to 2.36 billion euros in May, from

    13%

  4. Strong tourism season confirmed by Q2 accommodation turnover
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    ) of the full year arrivals occurred in the summer season (June – August). Including those in May

    13%

  5. Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
    Photo via www.helex.com

    Economy

    , banks fell 7.3 percent this week. They have lost 19.4 percent of their value since the end of May. All

    13%

  6. Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
    Photo by MacroPolis

    EconomyMacroeconomy

    governor said that despite the increased number in foreign arrivals, receipts may end up lower this year

    13%

  7. Strong interest as Greece issues first 52-week T-Bill in almost eight years
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    -Bills of that duration in 2010, just one month before signing the first bailout programme in May

    13%

  8. Strong showing in local elections for ND as it targets majority in national vote
    Photo by MacroPolis

    PoliticsGreek Politics

    , which came third in the European Parliament elections on May 26 with 7.7 percent of the vote. One

    13%

  9. Mitsotakis pleads for strong mandate as polls suggest ND heading for landslide win

    PoliticsGreek Politics

    on May 26, Mitsotakis also attacked the party’s leader, TV presenter Kyriakos Velopoulos. He noted

    13%

  10. GDP shows strong recovery from lockdowns with 3.4 pct growth QoQ in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    by a further recovery of 5.4 percent in 2022. The OECD in May predicted that GDP will rise by 3.8 percent

    13%