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Current account deficit widens to 3 bln in Mar, at 4.47 bln in Q1
EconomyMacroeconomybillion euros in March, from 2.55 billion euros in the same month last year. Total imports came to 6.92 billion euros in March, from 6.75 billion last year. At the same time, total exports came... 2024. The total services balance was 395.6 million euros, from 507.8 million in March 2024. During
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Unemployment hits 8.3 pct in Apr for newest low since 2008
EconomyMacroeconomy, the number of employed people increased by 24,554 people, with total employment comfortably staying... 44,661 more hires then departures. Total hirings came to 245,253 versus 200,592 departures... in the same period of 2024. Total hires were 658,454, against 605,298 departures.
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Accommodation and hospitality drive April hiring balance to highest on record
EconomyMacroeconomy-on-year marginal rise of 1,555 jobs and this year is a new record, breaking last year’s high. Total... 45 pct of the total, with the remaining classed as layoffs and termination of contracts. Layoffs rose... of 188,587 in the same period of 2024. Total hires were 1.01 million, against 824,504 departures.
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Government moves to shake off Tempe affair after opposition bids at prosecution fall flat
PoliticsGreek Politicsin order to avoid heavier and more wide-ranging charges proposed by opposition parties. A total 154 lawmakers voted in favour, while 61 abstained from the marathon session in which a total 14 votes..., leftist Movement for Democracy and ultraconservative Niki called for charges against a total of nine
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Unemployment at 7.9 pct in May, lowest since Nov 2008
EconomyMacroeconomyby 86,787 people, with total employment comfortably staying well above the four-million mark, at roughly... in May had a positive balance, as there were 137,841 more hires then departures. Total hirings came... with 324,904 more hires, against a balance of 315,247 in the same period of 2024. Total hires were 1.4
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Waiters and chefs lead May hiring balance to highest on record
EconomyMacroeconomyof 11,181 jobs and this year is a new monthly record, breaking last year’s high. Total hirings in May came... of the total, with the remaining classed as layoffs and termination of contracts. Layoffs dropped by 3,884 year... of 2024. Total hires were 1.4 million, against 1.07 million departures.
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Significantly improved oil balance pushes current account to 196.5 mln surplus in May
EconomyMacroeconomy3.45 billion euros in the same month last year. Total imports came to 6.47 billion euros in May, from 7.55 billion last year. At the same time, total exports came to 4.11 billion euros, from 4.1... billion euros, from 1.91 billion euros in May 2024. The total services balance was 2.21 billion euros
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Despite soft hiring in June, six-month balance breaks record on back of seasonal jobs
EconomyMacroeconomyyears during June. Total hirings in June came to 365,226 versus 349,558 departures. Voluntary departures accounted for roughly 32 pct of the total, with the remaining classed as layoffs and termination... in the same period of 2024. Total hires were 1.71 million, against 1.37 million departures.
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Oil balance and drop in exports pushes current account to 1.19 bln deficit in June
EconomyMacroeconomyin June, from 2.48 billion euros in the same month last year. Total imports came to 7.02 billion euros in June, from 6.65 billion last year. At the same time, total exports came to 3.85 billion euros, from... receipts came to 3.31 billion euros, from 3.04 billion euros in June 2024. The total services balance
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Labour reforms controversy threatens to eclipse autumn support package
PoliticsGreek Politicsearlier this week, amounts to a total deregulation of the labour market, which will destroy any sense..., but critics say it will give employers total discretion over working hours while absolving them..., covering half a million workers. This amounts to 20 pct of the total in the private sector, though
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