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Government hopes new affordable homes bill can help alleviate housing pressure
PoliticsGreek Politicstheir principal residence rose from 22.8 pct in 2010 to 30.3 in 2024, a rise mirrored by a growing...-stay rentals, approximately 180,000 residences have been withdrawn from the market since 2011
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Greek private sector sees net job departures of 9,954 in Jan
EconomyMacroeconomyand 54,786 voluntary departures. Less than half (47 percent) of January hirings relate to full-time... and departures. In addition, around 43 percent of both hirings and departures relate to the 30-44 age group... in January relate to education (+3,075), social care (+602) and repairing and installation
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Net job hirings in private sector reach record high of 90,631 in April
EconomyMacroeconomypositive contributors to net hirings in April relate to accommodation (+46,086), food and catering...), clearly indicating that these net hirings relate to the tourism sector and the seasonal effect... of departures involving layoffs. Almost half of the 4-month hirings relate to full-time employment, 37
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Government faces tight schedule for amendments to bailout legislation
EconomyProgrammerelate to corrections to the legislation on loan sales and pension reform as well as to further... guarantees are classified as NPLs. Pensions On the pension reform, the pending actions relate... prosecutions of its Board of Directors. Other prior actions of lesser importance relate to the amendment
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Net job hirings hit 33,608 in June, highest since 2001
EconomyMacroeconomy. It is worth noting that 38 percent of hirings and 44 percent of departures relate to those aged 30-44, which... to June net hirings relate to food service (+28,723), accommodation (+23,738) and retail trade (+6,242... percent of departures related to dismissals. More than half of the 6-month hirings relate to flexible
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomyanticipated impact of 2.45 billion relate to: 1) Income tax reform (716 million) 2) Change in rates... to be implemented until the end of 2018 and largely relate to hedging a considerable part of current debt’s market... at 2.59 billion in 2017, of which 1.93 billion relate to revenues from concluded tenders
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Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
EconomyProgramme. The interventions for 2019 amount to 2.63 billion, of which 2.49 billion relate to the pension reform and 138.... The counter-measures in 2019 relate to four areas: social protection (1.85 billion), public investments... million relate to the new Development Law. The (specified) tax relief counter-measures worth 1.92
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Central government debt edges up to 326.5 billion in Q1
EconomyMacroeconomyMonetary Fund (IMF). The majority of FSM loans relate to the EU’s financial aid of 213.5 billion, of which 52.9 billion relate to the Greek Loan Facility’s (GLF) bilateral loans from the first programme. An additional 130.9 billion relate to the second (EFSF) programme, and the remaining 29.7 billion
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New overdue tax obligations reach 717 mln in May, total at 95.2 bln
EconomyMacroeconomyof this year’s amount, or three quarters of the total, relate to tax categories. Just under one third (1.12 billion) relate to the four key taxes. Taking into account that tax revenues stood at 15.76 billion...) and individuals (29.48 billion). A further 13 billion relate to defaulted companies and 9 billion
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Central government debt grows to 328.70 billion in Q4
EconomyMacroeconomybonds (11.1 percent) and EIB loans (2.6 percent). The majority of FSM loans relate to the EU’s financial aid of 224 billion, of which 52.9 billion relate to the Greek Loan Facility’s (GLF) bilateral loans from the first programme. An additional 130.9 billion relate to the second (EFSF) programme
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