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IMF ups 2021 growth forecast to 6.5 pct, but keeps modest outlook for longer term
EconomyMacroeconomy. Unemployment is seen de-escalating to 15.8 pct in the end of this year and drop further to 14.6 pct in 2022...-programme review just published that they will be revised up in November.
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Hirings balance turns positive by almost 20,000 in Sept, boosted by seasonal factors
EconomyMacroeconomya drop of 18,802 positions year-on-year. Total hirings in September came to 303,900 versus 284,173.... Part-time and shift work made up 45 percent and 7.4 percent of hirings, respectively. In September
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Growth in vehicle sales accelerates to 10.4 pct in Oct
EconomyMacroeconomyAuthority (ELSTAT) data released on Tuesday. In October 2020, the year-on-year change was a drop... standing at 12,282. The remainder was made up of lorries (2,316) and buses (100). Motorcycle sales
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Eurobank profitability rises in 9M, Mexico securitisation takes NPE ratio to 7.3 pct
EconomyBankingfell by 2 percent YoY and stood at 999.7 million euros and 329.9 million euros in Q3, a marginal drop... percent in H1. The fully loaded Basel III CET1 ratio came to 12.3 percent, up from 12.1 percent in H1.
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Govt holds firm on no lockdown as health system teeters
PoliticsGreek Politics. Experts warn that if daily hospital admissions surpass the 550-mark and do not immediately drop... at 30 pct, up two points from the same company’s poll for To Vima, followed by 18.6 pct for SYRIZA
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Employment balance turns negative by 70,048 in Oct as tourism season ends
EconomyMacroeconomyinformation system. The balance in October last year was negative by 33,356, suggesting a drop.... The proportion of hirings that were for full-time work came to 46.5 percent. Part-time and shift work made up
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End of freeze on layoffs coincides with worst ever hirings balance in Nov
EconomyMacroeconomyinformation system. The balance in November last year was negative by 29,933, suggesting a drop of 49,196 job... work came to 50 percent. Part-time and shift work made up 41 percent and 9 percent of hirings
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Car sales continue to grow in Dec for rise of 23 pct in full year
EconomyMacroeconomy(ELSTAT) data released on Friday. In December 2020, the year-on-year change was a drop of 6 percent... up of lorries (1,736) and buses (184). Motorcycle sales decreased by 0.5 percent from a year earlier
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Despite job losses in Q4 2021, year closes with positive hirings balance
EconomyMacroeconomyby 2,116, suggesting a drop of 4,714 job postings year-on-year (YoY). However, due to the pandemic... percent. Part-time and shift work made up 40 percent and 10 percent of hirings, respectively
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Inflation to persist, creating more economic policy challenges
EconomyMacroeconomyby 57.8 pct year-on-year, while intermediate goods, that affect production, were up by 10 pct... sales data. In November, sales dropped month-on-month by 6.3 pct, led by a 12.7 pct drop in food
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