Search
-
Employment balance records 33,620 more hirings than departures in June
EconomyMacroeconomyThe employment balance remained in positive territory in June with 33,620 more hirings than departures, data from the Labour Ministry’s Ergani information system revealed. June is the fifth month... of 108,725. Compared to June 2017, the balance is also lower by 6,979. The report noted that the latest
11% -
Eurosystem funding falls by 4.56 bln in June to 16.31 bln
EconomyMacroeconomyGreek banks’ Eurosystem funding declined substantially in June, falling by 4.56 billion month... figure had declined at a much milder rate of 716 million. June’s reduction brings the total for central... to 10.3 billion. Compared to June 2017, Eurosystem funding declined by 37.95 billion euros. This stems
11% -
Car sales rise by 4.9 pct in June and 8.8 pct in aggregate period
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time rose by 4.9 percent in June compared.... In June 2018, the year-on-year rise had come to 28.4 percent. June’s headline figure completes three... for the month came to 21,464 compared to 20,469 in June last year. Out of the total, passenger car
11% -
June employment balance positive by 31,407
EconomyMacroeconomyThe employment balance was positive in June with 31,407 more hirings than departures, data from the Labour Ministry’s Ergani information system showed. Ergani noted that the balance for this June is the fifth consecutive positive balance in the year so far. According to Ergani's data, June has
11% -
Unemployment edges down again in June, falling to 17 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 17 percent in June from a downward.... For the same time last year, the unemployment rate came to 19.2 percent. June’s reading is the third... under 18 percent was in July 2011. During June, employment increased by 5,752 people compared to May
11% -
Budget primary shows deficit of 5.86 bln in June, target shortfall widens to 6.18 bln
EconomyMacroeconomy, compared to a surplus of 381 million noted in June 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for June showed on Wednesday. The primary surplus was below its target by 6.18... euros, below the aggregate target by 3.67 billion euros. The monthly primary balance for June came
11% -
Budget primary balance confirmed at deficit of 6.10 bln in June
EconomyMacroeconomy, compared to a surplus of 381 million noted in June 2019, the final Finance Ministry (MoF) budget execution bulletin for June showed on Monday. The primary surplus was below its target by 6.42..., below the aggregate target by 3.91 billion euros. The monthly primary balance for June came
11% -
Hiring balance slows in June as job market returns to normal levels
EconomyMacroeconomyGreece’s employment balance slowed down in June with 19,113 more hires than departures, according... then departures, while there was a significant slowdown from the figure of 73,502 of June last year... to relief measures linked to Covid-19. That said, this year’s June figure is significantly lower than
11% -
Spree of media deals puts spotlight back on ownership issues
Society, also involved in shipping and Panathinaikos FC, retains control of Skai TV and radio, as well as Kathimerini newspaper. PAOK FC, Open TV and the Ethnos newspaper, which has been issuing just a Sunday
11% -
BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
EconomyBanking) and inhibits the systemic credit institutions. Halfway through the year, NPEs stood at 39.2 percent of loans...’ average of 3.6 percent. This high stock of NPEs, combined with almost a decade of credit contraction... (CET1) in June. The BoG notes that this type of capital composition, with high DTCs, prevents banks
11%