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Travel balance almost doubles in April from last year's lockdown
EconomyMacroeconomyof 2020, the YoY change showed a drop of 97.1 percent to 7.5 million euros. For euro-denominated.... Payments recorded a drop of 75.9 percent to 96.9 million, which took the overall travel balance..., arrivals showed a drop of 79.7 percent in the first four months of the year and came to around 378,300
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Travel balance increases more than eightfold in May from last year’s lockdown
EconomyMacroeconomymonth of 2020, the YoY change showed a drop of 97.4 percent to 21.7 million euros. For euro... of the year, travel receipts fell by 51.2 percent to 317.4 million euros. Payments recorded a drop... in the aggregate period versus 337.4 euros for the same period last year. In total, arrivals showed a drop
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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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