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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankinginvestment. Regarding the exposure of Greece’s four systemic banks to the tourism sector, in its full-year... a successful comeback in 2021. Piraeus Bank’s full year report showed that it had loans of 4.3
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Newsletter 253 -12/06/2020
forced to deny that there will be any return to a full lockdown amid concerns over lax observance... will almost certainly jeopardise the good results achieved so far. Arkoumaneas stressed that a full
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Employment balance positive by 32,975 in May, aggregate figure shows 259,233 fewer jobs
EconomyMacroeconomythat were for full-time work came to 55.5 percent. During the month, part-time and shift work made up 36.9 percent and 7.6 percent of hirings, respectively. On an aggregate basis, full-time employment
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Release of refugees creates new difficulties for minister
PoliticsGreek Politicshands full dealing with the fallout from his hasty scheme to create an interconnected walkway... for a full study to be conducted and several bids for the project to be made. Also, there have been
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Pressure grows for transparency on ND's media handouts as PM outlines investment goals
PoliticsGreek PoliticsThe question of how the pandemic communications budget was distributed continues to dog Kyriakos Mitsotakis’s government, as the voices calling for full transparency are intensifying. Meanwhile..., several government-friendly media have published op-eds calling for full transparency in the public
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Employment balance positive by 37,568 in June, reflecting uptick in seasonal hires
EconomyMacroeconomyclassed as layoffs. The proportion of hirings that were for full-time work came to 49.8 percent.... On an aggregate basis, full-time employment came to 50.2 percent of the total, compared to 39.8
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Govt offers pensioners 1.4 bln in backpay, opposition questions decision
PoliticsGreek Politicsthat around 250,000 retirees who had appealed against the cuts were entitled to full backpay. A further 2.3 million pensioners affected by the cuts did not qualify automatically for full compensation
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Experts recommend extensive reforms to overhaul economy amid mixed reception
PoliticsGreek Politicswill be a hindrance to its full adoption. SYRIZA’s own national growth plan, produced... that the debate has captured the attention of the public, with summer holidays in full swing
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Hirings balance positive by almost 70,000 in July, reflecting late summer season openings
EconomyMacroeconomyas voluntary, with the remaining classed as layoffs. The proportion of hirings that were for full-time... percent of hirings, respectively. During the first seven months of the year, full-time employment came
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Employment balance positive by 4,342 in August, aggregate shows 169,239 fewer jobs created
EconomyMacroeconomyas layoffs. The proportion of hirings that were for full-time work came to 51.2 percent. During the month.... On an aggregate basis, full-time employment came to 50.6 percent of the total, compared to 39.8 percent for part
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