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  1. Net job hirings balance negative by 16,542 in January
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    of January has recorded a negative balance for every year since 2001, with the exception of 2014 when a positive balance of 6,397 was recorded. Compared to the same month last year, the balance improved... aged 15-24, by 3,518 for 25-29 year olds, and by 2,645 for 45-64 year olds. Education

    1%

  2. Retail sales rise by 2.2 pct in December, average growth of 1.7 pct in 2017
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales rose by 2.2 percent year-on-year in December after November’s upwardly... and is the highest reading since July 2017. For the full year of 2017, the index has improved... points. According to data from the trade federation, retail sales were anticipated to end the year

    1%

  3. Eurogroup highlights tight schedule as differences over debt, fiscal measures brew

    EconomyProgramme

    on the DSA because our DSA runs until the year 2060, and whatever measure is initiated to strengthen... percent, in what could be an election year. The European Commission is reportedly siding... from this year until 2022 was reached last year despite growth being 1.6 percent, which is lower than

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  4. Greek banks' NPL selloff gathers speed
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    , which translates into 10 million euros annually. The bank reported in its full-year financial... that NPE stock fell by 2.5 billion euros year-on-year (YoY) to 20.1 billion, which was ahead... for the three year period between 2018-2020. In the third quarter of this year, the bank plans to sell

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  5. Rising exports drive 16.6 pct contraction of February trade deficit
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    in February rose by 14.6 percent year-on-year (YoY) while imports fell by 0.8 percent. The corresponding... two months of the year year showed a YoY fall of 15.5 percent in the trade deficit, which amounted... deficit increased by 5.5 percent in the year-to-date.

    1%

  6. Is the cost of Greece's public sector soaring again?
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    loyalists. Some of these claims have already been disproven. Last year the opposition cited... by claiming credit for eliminating 740 public bodies within a year of coming to power. Neither claim... that the costs have gone up every year since the end of 2014, by a total of 612 million euros, or 3.9 percent

    1%

  7. Athens struggles with civil service evaluation, reduction of arrears
    Photo by MacroPolis

    EconomyProgramme

    by calling on its members to boycott this year’s performance evaluation and to refuse to give any... tactic last year, although the process went ahead but without the full participation of civil... repeated meetings with government officials. Last year, the participation of ministry staff stood

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  8. Building activity up by 5.4 pct in Feb, permits remain below 1,000

    EconomyMacroeconomy

    by 2.6 percent compared to the same time last year. The smallest number of absolute permits... and lack of investment. During last year, the absolute number of permits came to 13,847. Although... in apartment prices year-on-year in the fourth quarter of 2017. This followed a drop of 0.6 percent in Q3

    1%

  9. Hirings balance hits new record high of 108,725 in May
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , respectively. For the first five months of the year, full-time employment dropped to just under 50...), reflecting the end of the school year. This was followed by creative activities, arts and entertainment... hirings balance for the first five months of the year was the highest on record for Ergani since 2001

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  10. Turnover in services sector shows deteriorations in Q1 2018
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    in the year-on-year basis to an extent, and more pronounced on a quarter-on-quarter basis... sectors noted in Q4. The three largest year-on-year falls were noted in architectural and engineering... points to 25.1 compared to the previous month. The improvement since the start of the year came

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