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Current account balance continues to deteriorate as deficit up to May exceeds 9 bln
EconomyMacroeconomyin May, from 3.02 billion euros in the same month last year. Total imports came to 7.55 billion euros in May, from 7 billion last year. At the same time, total exports came to 4.1 billion euros, from
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Moody's latest agency to up outlook to positive, keeps rating below investment grade
Economythat the total envelope is worth 16.3 pct of GDP and out the total of 36 billion euros in grants
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Unemployment edges down to 9.5 pct in Aug
EconomyMacroeconomyincreased by 103,054 people, with total employment comfortably staying well above the four-million.... Total hires were 2.23 million, against 1.93 million departures.
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Aug hiring balance improves annually, 8M up by 18,350 jobs
EconomyMacroeconomy. Total hirings in August came to 214,678 versus 219,759 departures. Voluntary departures accounted for roughly 42 pct of the total, with the remaining classed as layoffs and termination of contracts
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Details of 2025 budget point to complex economic challenges ahead
EconomyMacroeconomy. This corresponds to close to 55 pct of tax revenues this year and next, and 51 pct of total budget... the OECD average. Corporate taxation is just 6 pct of total revenues. It is this fiscal composition
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Government pledges more reforms, but economy set to prove deciding factor in 2025
PoliticsGreek Politicsis to further increase the total incomes that are declared by Greeks to more than 175 billion euros.... This accounts for just 9 percent of total workers. The leading sector is financial services with average
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Unemployment rate remains in single-digit territory for Nov, at 9.6 pct
EconomyMacroeconomypeople, with total employment comfortably staying well above the four-million mark, at roughly 4.29... of 2024, the hiring balance was positive by 171,253 jobs, deteriorating by 9,363 jobs year-on-year. Total
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Strong set of 2024 fiscal data provides space for voter-friendly handout package
EconomyMacroeconomy, are factored into government finances. Last year, Greece had a total surplus of 3.18 billion euros..., or 4.8 pct of GDP. Central government contributed 2.05 billion euros to the total surplus, with local
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New Democracy sees glimmer of hope in polls following support measures
PoliticsGreek Politicsfor Democracy are tied at 2.5 pct. Undecided voters make up 13.5 of the total. The projected results put ND... and 50 pct of the total respectively) said they thought more was required. In the Interview survey
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Fiscal data impressive but details suggest caution still required
EconomyMacroeconomysurplus of 11.4 billion euros, or 4.8 pct of GDP, while the general government budget was in a total... the central government, local governments, and social security funds, all of which were in total surplus
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