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  1. Tourism shrinks June current account deficit, but goods deficit shoots up in H1
    Photo by MacroPolis

    EconomyMacroeconomy

    in the same month last year. Total imports came to 8.28 billion euros, from 5.41 billion last year. At the same time, total exports came to 5.33 billion euros, from 3.33 billion in June 2021

    6%
  2. Despite seasonal recruitment in accommodation and catering, hiring balance slows to 2,999 in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    there has been a positive balance, after opening negative in January. Total hirings in July came to 274,429 versus 271,430 departures. Voluntary departures accounted for roughly 38 percent of the total

    6%
  3. Tsipras hits back with own economic pledges, choice for voters to ponder
    Image: www.syriza.gr

    PoliticsGreek Politics

    RRF money to SMEs via the Hellenic Development Bank and preventing the total privatisation.... The arithmetic involved means that the winning party, or coalition, would need a total of around 44

    6%
  4. Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    billion euros, compared to a deficit of 2.23 billion euros in the same month last year. Total imports came to 7.98 billion euros, from 5.7 billion last year. At the same time, total exports came

    6%
  5. Tourism jobs tumble in Aug, ending 6-month run of positive hirings balance
    Photo by MacroPolis

    EconomyMacroeconomy

    surplus, after opening negative in January. Total hirings in August came to 197,982 versus 230,948 departures. Voluntary departures accounted for roughly 45 percent of the total, with the remaining classed

    6%
  6. Education hirings offset losses in tourism for Sept as 9M figure drops by 21,394 jobs YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    compared to the 19,727 balance of September 2021. Total hirings in September came to 343,166 versus 316,928 departures. Voluntary departures accounted for roughly 41 pct of the total, with the remaining

    6%
  7. Current account surplus drops in Aug, as 8M deficit jumps by 73 pct to over 10 bln
    Image via www.moh.gr

    EconomyMacroeconomy

    in the same month last year. Total imports came to 7.72 billion euros, from 5.19 billion last year. At the same time, total exports came to 4.71 billion euros, from 2.77 billion in August 2021

    6%
  8. Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln
    Image via www.piraeusbank.gr

    EconomyBanking

    year, while normalised trading income was 64 million euros. Total operating expenses stood at 623... pct, while the total capital ratio was at 15.4 pct.

    6%
  9. Job market slows this year as 67,202 fewer jobs created up to Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    of the tourism season. Total hirings in October came to 244,052 versus 359,908 departures. Voluntary departures accounted for roughly 26 pct of the total, with the remaining classed as layoffs

    6%
  10. Travel receipts almost double, but current account deficit rises by 78 pct in 9M
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    billion euros in the same month last year. Total imports came to 8.32 billion euros, from 5.98 billion last year. At the same time, total exports came to 4.61 billion euros, from 3.67 billion in September

    6%