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Travel balance increases by wide margin in June from last year's tourism collapse
EconomyMacroeconomyand stood at 557.5 million euros in June. For the same month of 2020, the YoY change showed a drop... to 1.11 billion euros. Payments recorded a drop of 41 percent to 281.8 million, which took the overall... year. In total, arrivals showed a drop of 20.4 percent in the first half of the year and came
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Unemployment remains at 12.8 pct in Feb, lowest since summer 2010
EconomyMacroeconomyto 603,025, a drop of 14.2 percent. For the first time since March 2010, unemployment temporarily... the rate for men stood at 10.1 percent, a drop of 3.2 pps year-on-year. Youth unemployment dropped... in the same period last year, a drop of 24,974 job postings.
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Unemployment stable at 12.2 pct in August despite strong tourism season
EconomyMacroeconomyjobs or placed employees on furlough schemes. Although August did not have the desired drop given... compared with the same month of 2021, amounting to 569,609, a drop of 11.4 percent. Unemployment is now... percent, while the rate for men stood at 9 percent, a drop of 1.7 pps year-on-year. Youth unemployment
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Unemployment dips to 11.8 pct in Sep for lowest rate since 2010
EconomyMacroeconomyof the year did not see the desired drop given the seasonality of the labour market and the solid tourism... to 556,324, a drop of 10.5 percent. Unemployment is now consistently below the 600,000-mark, approaching... percent, a drop of 0.4 pps year-on-year. Youth unemployment rose by 2.3 pps year-on-year to 28.5 percent
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Unemployment drops to 11.6 pct in Oct, lowest since 2010
EconomyMacroeconomyquarter of the year did not see the desired drop given the seasonality of the labour market..., amounting to 542,941, a drop of 12.6 percent. Unemployment is now consistently below... stood at 8.4 percent, a drop of 1.6 pps year-on-year. Youth unemployment dropped by 5 pps year
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Unemployment drops to 10.8 pct in Jan, lowest since debt crisis began
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate experienced a notable drop in January, falling... fewer unemployed people in January compared with the same month of 2021, amounting to 501,948, a drop...-on-year and came to 13.9 percent, while the rate for men stood at 8.3 percent, a drop of 1.7 pps year
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Deposits continue to slide in Feb as households and firms dip into savings
EconomyMacroeconomyThe net private sector deposits in the Greek banking system contracted further in February with a drop of 1.07 billion euros, after a 5.24 billion euros drop in January, based on the latest Bank... billion euros to 196.25 billion euros, after a 3.7-billion euros drop in January.
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Wages index continues growth in Q1 with 6.8 pct YoY rise
EconomyMacroeconomy, the index increased by 1.5 percent, after a drop of 0.5 percent in the previous quarter, the first quarterly drop since Q3 2021. The index in Q1 2024 came to 116.2 points, from 114.5 in the previous..., from 123.1 in Q4 2023, reflecting a sharp drop of 15.2 percent QoQ. Wages in Greece were in negative
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Growth of industrial production moderates to 2 pct YoY in Jan
EconomyMacroeconomy, the last recorded drop of 0.6 percent. Month-on-month (MoM), the seasonally adjusted index in January recorded a drop of 0.8 percent, after an increase of 2.4 percent in the previous month... by a drop of 6.4 percent in mining. The monthly movement was led by decreases of 0.9 percent
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Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
EconomyMacroeconomya drop of 17.3 percent YoY seen in April, according to the data released by the Hellenic Statistical... down by 24.7 percent. The largest regional drop is in Epirus in north-western Greece with 31 percent decline and 422 permits, most permits were in Attica with 2,406 but with a sharp annual drop of 16
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