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Job market slows this year as 67,202 fewer jobs created up to Oct
EconomyMacroeconomyand termination of contracts. Layoffs are up by 31 percent compared to last year, as all Covid-related measures preserving jobs have been wound down. Hires were up by 13,878 jobs compared to October last year... balance with 22,812 thanks to the start of the school year. Accommodation had the largest negative
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Building permits up 5 pct in 2022, moderating from 26.6 pct rise in previous year
EconomyMacroeconomyBuilding permits closed last year on a growth trajectory thanks to a rise of 16.1 percent year-on-year (YoY), after an increase of 9 percent in November, according to the latest data released..., and the smallest number of permits were issued in Western Macedonia with 38. During the full year
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Bond re-opening with 4 pct yield completes debt strategy for year
EconomyThe PDMA took another cautious step on Wednesday by completing the debt strategy for the year... bonds this year, a 10-year in January for 3.5 billion euros and a 5-year at the end of March for 2.5... million euros. Last year, interest payments reached 2.6 billion euros in the same period of 2022
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Travel receipts of 14.66 bln to Aug beat last year, head for all-time record
EconomyMacroeconomyroughly 5 percent year-on-year. Travel payments rose by 31 percent to 243.9 million euros. Arrivals... period versus 651.5 euros last year. Receipts from the EU27 came to 8.16 billion euros, while eurozone... a rise of 18.4 percent in 2023 and came to 22.65 million visitors. For the same period last year
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Building permits start year strongly with 15.1 pct rise in Jan
EconomyMacroeconomyBuilding permits started the new year strongly with a rise of 15.1 percent year-on-year (YoY), after a modest 0.6 percent increase in December, according to the data released by the Hellenic..., and the smallest number of permits were issued in Western Macedonia with 22. During the full-year 2023, permits
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PMI at 50.3 in Sept after falling for six straight months, posting weakest reading in a year
EconomyMacroeconomyFebruary 2023, however September’s reading is the weakest in a year, marking six continuous months... voluntary leavers. The decrease was the first in almost a year but only fractional. Despite... the coming year, with the level of confidence rising to the highest in three months. Firms were
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Drop of 24.1 pct YoY in energy prompts biggest import price decline in a year
EconomyMacroeconomyGreece’s import price index remained in contraction in September, accelerating to 10.6 percent year-on-year (YoY), after a 4.3 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. The index recorded more than one year
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Industrial production ends 2024 in growth, up 5.2 pct in full year
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) picked up pace in December with a 5.8 percent year-on-year (YoY) rise, after a downward revised 3.3 percent increase in the previous month, according... the whole year 2024 was up by 5.2 percent. The annual movement in the index reflects a 16.4 percent
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Car sales start new year with a drop of 3.4 pct YoY in Jan
EconomyMacroeconomyVehicles going into circulation for the first time started the new year with a drop, falling by 7.4 percent year-on-year (YoY) in January, after a marginal decrease of 0.2 percent in December... percent. Lorries in January were up by 8.9 percent and buses jumped by 166.7 percent. In the full year
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Travel receipts drop by 3.6 pct YoY in Sep, but still on course for record year
EconomyMacroeconomyfor the month were 3.42 billion euros, compared to 3.55 billion euros in 2024, down 3.6 percent year-on-year (YoY). Travel payments jumped by 53.6 percent to 281.9 million euros. The number of arrivals... per trip rose by 4.3 percent to 606 euros for the period, compared with 581 euros a year earlier
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