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  1. Negative hiring balance in Jan, but figures improve YoY
    Image: NBG

    EconomyMacroeconomy

    for 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

    7%

  2. Q3 unemployment in Greece still at 27 pct despite strong tourism season
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    in the past) increased to 23.3 percent (from 23 percent in Q2). The rise in the ‘long-term’ (>1 year... in 2013 also easing by 1 percentage point in 2014, with the Bank of Greece also estimating a similar drop

    7%

  3. A third of Greek homeowners fear losing their properties in 2014

    Society

    Roughly one in three Greeks fears losing their home in 2014 despite the restrictions on foreclosures the government has kept in place for the New Year. As of January 1, Greek banks have more leeway... 1 million Greek households are paying mortgages, meaning that 168,000 owners are failing to pay

    7%

  4. Spain’s economic recovery languishes amid graft scandals

    Agora

    the 0.5 percent rate calculated by the European Commission but lower than the 1 percent estimated...” in implementing reforms and adjustments that have triggered “enough dynamism” for growth of 1 percent of the GDP

    7%

  5. Buoyed by troika deal, Greece aims for rapid return to bond markets
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    ) but after the Eurogroup decision on the disbursement of the next tranches (April 1) and new reviews from... Eurogroup on April 1, the expected start of debt relief negotiations with international creditors

    7%

  6. Greece exceeds expectations with first return to bond markets after four years
    Photo by Can Esenbel [www.mundanepleasure.com]

    Economy

    . This meant there was a sharp yield decline of 1 percentage point in February and March, whereas the yield... to around 1 to 1.5 percent, which would translate into annual cost savings of around 200 million euros

    7%

  7. CPI down 1.3 pct in April as Greece remains in deflation for 14th month

    EconomyMacroeconomy

    of the respective VAT rate by 10 percentage points as of August 1. In contrast, health coupled with alcoholic... of 0.3 percent in 2015. On the flipside, OECD latest forecasts point to a stable deflation close to 1

    7%

  8. Budget execution shows primary surplus of 711 mln, 503 mln ahead of target

    EconomyMacroeconomy

    revision mainly reflects higher forecasts for revenues (by 1 billion), more than offsetting higher... period. This implies an average figure exceeding 1 billion per month. Although the April figure of 763

    7%

  9. Multi-bill passes but coalition's relationship with armed forces and police sours further

    PoliticsForeign Policy

    -tranche of 1 billion euros, and 47 lawmakers opposed it. The multi-bill contained a raft of reforms... the next 1 billion euros from its lenders. Greece has 5.6 billion euros of bonds maturing this month

    7%

  10. Fitch keeps Greek rating at 'B' with stable outlook

    Economy

    account surplus stands at 1 percent of GDP supported by reduced imports, buoyant tourism receipts... notches to Caa1 with a stable outlook in August 1. In addition S&P upward revised its rating on Greece

    7%