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  1. Oct current account deficit widens to 2.7 bln - worst since 2008
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to a deficit of 2.5 billion euros in the same month last year. Total imports came to 8.75 billion euros, from 6.14 billion last year. At the same time, total exports came to 4.67 billion euros, from 3.64

    6%
  2. Nov job data delivers worst employment figures on record, as 2022 produces 71,700 fewer places

    EconomyMacroeconomy

    essentially closes doors. Total hirings in November came to 202,015 versus 285,642 departures. Voluntary departures accounted for roughly 29 pct of the total, with the remaining classed as layoffs

    6%
  3. Current account deficit widens to 3.93 bln in Nov, 17.48 bln in 11M
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to 3.8 billion euros, compared to a deficit of 2.1 billion euros in the same month last year. Total imports came to 8.44 billion euros, from 6.88 billion last year. At the same time, total exports came

    6%
  4. Close of 2022 sees softer labour market, with 60,235 fewer jobs
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    negative balances as seasonal jobs conclude and the tourism season essentially closes doors. Total... for roughly 35 pct of the total, with the remaining classed as layoffs and termination of contracts. Layoffs

    6%
  5. Vulnerable households allocated 60 pct of income for housing even before cost-of-living crisis
    By Panayotis Tzamaros/Fosphotos

    Economy

    burden table in the total population, with over 34 percent of disposable income allocated to housing... of 14.3 percent. Housing takes up 14.7 percent of total household expenditure. Another alarming data

    6%
  6. Balance sheet clean-up spurs Piraeus to net profit of 899mln, 1.22bln NII in 2022
    Photo by MacroPolis

    EconomyBanking

    normalised trading income was 72 million euros, from 19 million in 2021. Total operating expenses... was 11.5 percent, while the total capital ratio was at 16.4 percent. The respective ratios at the end

    6%
  7. Jan delivers most negative hiring balance since 2017
    Photo by MacroPolis

    EconomyMacroeconomy

    reading since the same month of 2017, when the balance was close to -30,000. Total hirings in January... of the total, with the remaining classed as layoffs and termination of contracts. Layoffs are up by 40,222

    6%
  8. Annual debt strategy almost wrapped up with 5-year bond, at 3.92 pct yield

    Economy

    that was the total plan for the year, unless a green bond is also issued later on in the year. The Public Debt... opportune moment for its next move that could complete the total debt strategy. The book opened

    6%
  9. Current account deficit narrows to 1.32 bln in Feb as oil impact wanes

    EconomyMacroeconomy

    . Total imports came to 6.63 billion euros in February, from 6.95 billion last year. At the same time, total exports came to 4.33 billion euros, from 3.6 billion in February 2022. The impact of fuel

    6%
  10. Data for 2022 confirms tourism's full recovery, with nearly 30 mln visitors
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    though of the 34 million visitors of 2019. Total night stays were also short of the 2019 record... with 43.6 million of total stays, followed by the UK with 37.5 million. The average stay duration

    6%