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Building permits drop by 10.2 pct in Jan
EconomyMacroeconomy. The total number of permits came to 853, falling below the 1,000-permit mark for the first time in 10... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total for the year is roughly 84 percent lower than
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Sharp drop in Jan unemployed leads to lowest rate since Dec 2008
EconomyMacroeconomy-on-year, the number of employed people increased by 61,559 people, with total employment comfortably... more departures than hires in December. Total hirings came to 219,773 versus 233,991 departures... as the total balance was positive by 70,349 more hires. Total hires came to 3.31 million and departures were
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Negative hiring balance in Jan, but figures improve YoY
EconomyMacroeconomyfor 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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Greek primary cash surplus up to 3.1 bln in September but state arrears also rise
EconomyMacroeconomybillion) making up more than half of total, followed by extrabudgetary funds (1.15 billion). The state... million euros MoM to 2.33 billion making up almost half of total arrears. The next highest..., accounting for 19 percent of the total. Tax refunds fell MoM for the first time since February to 713
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Alpha Bank and Eurobank start new year with further bad loan sales
EconomyBankingunsecured 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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Newsletter 425 - 31/05/2024
, 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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PM prepares to finalise relief package as talk of electoral tweak gathers pace
PoliticsGreek Politicsthis 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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GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
EconomyMacroeconomydropped by 5.5 percent versus Q1. Final consumption expenditure increased by 0.7 percent compared... the majority of GDP, making up around 89 percent of the total figure in Q2, with private consumption... percent of the total. In its Medium Term Fiscal Strategy (MTFS) for 2020-2023, the Ministry of Finance
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Coalition sets bar low for presidential vote, opts for pre-election rhetoric
PoliticsGreek PoliticsThe 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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Unemployment rate at 20.6 pct in Jan, inactive population rises
EconomyMacroeconomyon 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
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