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  1. Newsletter 351 - 16/09/2022

    Newsletters

    reading: “Diligence, continuity, stability”, Mitsotakis set out a total of 21 interventions, one-off... outpaced the ministry’s estimates, with the total cost for 2022 jumping to 13.2 billion euros, up by 55

    3%

  2. Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    billion euros, compared to a deficit of 2.23 billion euros in the same month last year. Total imports came to 7.98 billion euros, from 5.7 billion last year. At the same time, total exports came

    3%

  3. Tourism jobs tumble in Aug, ending 6-month run of positive hirings balance
    Photo by MacroPolis

    EconomyMacroeconomy

    surplus, after opening negative in January. Total hirings in August came to 197,982 versus 230,948 departures. Voluntary departures accounted for roughly 45 percent of the total, with the remaining classed

    3%

  4. Education hirings offset losses in tourism for Sept as 9M figure drops by 21,394 jobs YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    compared to the 19,727 balance of September 2021. Total hirings in September came to 343,166 versus 316,928 departures. Voluntary departures accounted for roughly 41 pct of the total, with the remaining

    3%

  5. Current account surplus drops in Aug, as 8M deficit jumps by 73 pct to over 10 bln
    Image via www.moh.gr

    EconomyMacroeconomy

    in the same month last year. Total imports came to 7.72 billion euros, from 5.19 billion last year. At the same time, total exports came to 4.71 billion euros, from 2.77 billion in August 2021

    3%

  6. Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln
    Image via www.piraeusbank.gr

    EconomyBanking

    year, while normalised trading income was 64 million euros. Total operating expenses stood at 623... pct, while the total capital ratio was at 15.4 pct.

    3%

  7. Job market slows this year as 67,202 fewer jobs created up to Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    of the tourism season. Total hirings in October came to 244,052 versus 359,908 departures. Voluntary departures accounted for roughly 26 pct of the total, with the remaining classed as layoffs

    3%

  8. Travel receipts almost double, but current account deficit rises by 78 pct in 9M
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    billion euros in the same month last year. Total imports came to 8.32 billion euros, from 5.98 billion last year. At the same time, total exports came to 4.61 billion euros, from 3.67 billion in September

    3%

  9. Newsletter 362 - 09/12/2022

    Newsletters

    . Overall, total exports were down by 3.3 pct QoQ, while total imports fell marginally by 0.3 pct. The Q3

    3%

  10. Oct current account deficit widens to 2.7 bln - worst since 2008
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to a deficit of 2.5 billion euros in the same month last year. Total imports came to 8.75 billion euros, from 6.14 billion last year. At the same time, total exports came to 4.67 billion euros, from 3.64

    3%