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  1. August sees first negative hirings balance of year
    Photo by MacroPolis

    EconomyMacroeconomy

    information system. The balance in August last year was positive by 4,342. There was a deterioration by 14,217 year-on-year. This is the first negative balance for August since 2018. It is also... by 265,130, improving by 149,483 jobs year-on-year, capturing the base effect of last year’s first lockdown

    6%
  2. Industrial production marks full year of recovery with 16.5 pct rise in Oct
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) jumped by 16.5 percent year-on-year in October, from... showed on Friday. IPI has been on the mend since November last year, marking a full year of growth... year’s strict first lockdown when production had dropped by 10.8 percent. Month-on-month (MoM

    6%
  3. Despite job losses in Q4 2021, year closes with positive hirings balance
    Photo by MacroPolis

    EconomyMacroeconomy

    by 2,116, suggesting a drop of 4,714 job postings year-on-year (YoY). However, due to the pandemic... by the state. During the last quarter of last year, the total amount of job losses came to 151,775... was positive by 133,082, improving by 40,079 jobs year-on-year, capturing the base effect of last year’s

    6%
  4. Economic sentiment slides by 3 pts in July to lowest in over a year, construction mood sours
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    . The values of 114.4 reported in January and February this year were the highest of the series, but sentiment... even lower than August last year, when the indicator stood at 113.3 points. The index hit its most... under the -32 points seen in August last year. The recovery trend that had started last year reversed

    6%
  5. Trade deficit records rare drop of 10.6 pct in Dec, widens by 50.7 pct for full year
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    For the first time in months, Greece’s trade deficit recorded a drop year-on-year (YoY), falling... of 25.7 percent compared with December last year. Although contained compared to the 3.29 billion euros of December last year, it is still almost double the figure of 1.5 billion euros of December

    6%
  6. Q4 GDP rises by 0.9 pct QoQ, taking full-year growth to 2.3 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    accelerated at 2.6 percent year-on-year (YoY), from a 2.3 percent YoY rise in Q3. The quarterly movements... by 0.3 percent YoY, while investments rose by 9 percent. Exports increased by 3.6 percent year-on-year... percent YoY. Nominal GDP in Q4 increased by 5.6 percent YoY and by 2.1 percent QoQ. For the full year

    6%
  7. Greek deposits up 0.6 pct to 164.23 bln in August, which sees year's highest inflows

    EconomyMacroeconomy

    ). The year on year (YoY) growth rate accelerated for the second successive month to 1.2 percent in August... monthly reading for this year. It is the first time since December 2012 that all three key categories displayed a positive flow within the same month. Following August net additions, the year to date

    5%
  8. Job hirings at record high of 24,938 in Feb, negative employment balance for year-to-date
    Photo by Panayotos Tzamaros/Fosphotos

    EconomyMacroeconomy

    14,437 last year, data from the Labour Ministry’s Ergani information system revealed on Thursday. This year’s figure is the highest positive reading for February since 2001. The breakdown showed... of 4,879 this year compared to net hirings of 4,483 in the corresponding period last year

    5%
  9. Tsipras eyes four-year term but snap polls an option after MoU exit
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Alexis Tsipras has underlined again his intention to see out his four-year term as prime minister... the government, bar some senior SYRIZA figures that think calling elections early next year might... next August, as well as the stronger growth expected next year, as soon as possible by calling snap

    5%
  10. A year of risk and reward for Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    Greece enters a new year that could prove to be a watershed in its long and meandering traipse... has to be produced next year and every year until 2022. After that (and subject to what is agreed... of the year. This is why Tsipras and his party have reluctantly swallowed so many vastly unpopular

    5%