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Education hirings offset losses in tourism for Sept as 9M figure drops by 21,394 jobs YoY
EconomyMacroeconomyclassed as layoffs. Layoffs are up by 21 percent compared to last year, as all Covid-related measures preserving jobs have been wound down. Hires were up by 39,266 jobs compared to September last year, while departures are up by 32,755. The proportion of hirings for full-time work came to 47 percent
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Newsletter 356 - 21/10/2022
the Bank of Greece, up to June 2022, the NPE ratio systemwide stands at 10 pct and based on the latest... picked up the first quarter of 2016, reaching 107.2 billion euros, at nearly 49 pct of total loans... banks story in the past, but ended up getting their fingers burnt. The Greek authorities will have
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Current account surplus drops in Aug, as 8M deficit jumps by 73 pct to over 10 bln
EconomyMacroeconomyin the same period of 2021. The goods balance showed a deficit of almost 24.43 billion euros, up from 15.7 billion euros up to August 2021. The oil deficit has more than doubled, from 3.06 billion in the eight...-to-date goods deficit was 16.94 billion euros, from 12.61 billion euros in 2021. Up to August
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Alpha Bank profits of 92.7 mln in Q3 raise 9M income to 335.4 mln
EconomyBankingtransformation, higher impairments and transactions related to the balance sheet clean up. Core pre... 2021 in terms of the balance sheet clean-up - which consisted of the Project Galaxy securitisation... was 339 million euros in Q3, up by 12 percent QoQ. The net interest margin was 1.6 percent in 9M. Net
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Reports claiming link between spyware and state pile pressure on government
PoliticsGreek Politicsthat was set up at a special National Intelligence Service (EYP) facility, to which police officers were... not stand up to scrutiny. If confirmed, this could be significant evidence as it has been established.... Economou continues to insist that there is no evidence to back up the claims being published
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Travel receipts almost double, but current account deficit rises by 78 pct in 9M
EconomyMacroeconomyof 2021. The goods balance showed a deficit of almost 28.14 billion euros, up from 18 billion euros up to September 2021. The oil deficit has more than doubled, from 3.46 billion in the nine months... deficit was 19.14 billion euros, from 14.52 billion euros in 2021. Up to September, the travel
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ND banks on public apathy in face of surveillance revelations
PoliticsGreek Politicsof him, with PASOK leader Nikos Androulakis coming second with 31.9 pct, up from 26.7 pct. Tsipras... with questions opened up by the investigation. On Monday, the government spokesman dismissed the latest... in place to support the securitisation of bad loans, claiming that it could add up to 18.7 bln euros
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Newsletter 360 - 25/11/2022
and not regress. In Patras on Tuesday, he held up his government’s record in terms of responding... budget, with inflation also revised up to 5 pct, from 3 pct previously. The global uncertainty... respectively. Investments are seen picking up most of the momentum next year. They are expected
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Final budget for Oct affirms new targets and tax outperformance
EconomyMacroeconomythat the primary balance now beats the target by 252 million euros. The overperformance up to last... million euros. The budget balance up to October came to a deficit of 4.77 billion euros, from... was above the target by 45 million euros, while income taxes were up by 6 million euros. Excise taxes
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Opposition fails to make inroads in spyware hearing as denials continue
PoliticsGreek Politics, the special cyber unit set up within EYP which has been linked in reports to the use of Predator, he..., representatives of SYRIZA and PASOK said it confirmed the government’s intention to cover up the surveillance... of up to 300 individuals may have been targeted with Predator as part of a concerted operation
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