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Seasonal jobs for chefs, waiters and cleaners propel April hiring balance to highest on record
EconomyMacroeconomypct of the total, with the remaining classed as layoffs and termination of contracts. Layoffs are up by 18,343 year-on-year, while voluntary exits were up by 17,291. Hirings were up by 44,907 jobs...-time work came to 63.6 percent. Part-time and shift work made up 29.4 percent and 7 percent of hirings
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CPI slows to 2.4 pct in May as food price increases ease
EconomyMacroeconomy, from a rise of 0.5 percent in April. In May 2023, the CPI was up by 2.8 percent YoY. The price index... percent and health increased by 2.2 percent. Education was up by 3.5 percent. Housing costs dropped..., with vegetables also up by 1.2 percent annually, fruits up by 1.7 percent and olive oil rising by 56.8 percent.
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Kasselakis pushes back against growing speculation about centre-left alliance
PoliticsGreek Politicsconcern within the “system” about Mitsotakis’s prospects and is looking for back-up to support him... cooperating. “I have said repeatedly: Cooperation is built from the bottom up, and we are present as far... the future of the Greek centre left continue, SYRIZA is trying to keep up the pressure on the government
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Producer prices down by 1.4 pct YoY in May, headed by energy
EconomyMacroeconomy, and manufactured food products increased by 0.9 percent and chemical products up by 1 percent YoY. Goods sold to the foreign market were up by 5.7 percent YoY, led by pharmaceuticals that increased by 16.4 percent, food products up by 16.2 percent and refined oil products increased by 9.4 percent. In the broader
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Ongoing rise in imports and tame exports elevate trade deficit to 3.39 bln in May
EconomyMacroeconomyof oil products and ships, the aggregate deficit was up by 11.1 percent, at 11.15 billion euros. Imports from EU countries were up by 2.7 percent to 17.55 billion euros, while imports from non-EU markets were also up by 2.5 percent at 17.84 billion euros. Exports to EU countries decreased 10 percent
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Fresh turbulence at SYRIZA as opposition parties take aim at bank deal
PoliticsGreek Politicssecretariat walked out of a meeting of the planning committee set up to organise the SYRIZA party... of Kasselakis to date, called on him to apologise for his outburst. Kasselakis followed up several... decision-making mechanisms and coming up with a fresh political agenda, however no further details have
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Housing tops government plans for policy reset in autumn
PoliticsGreek Politicsgeneral elections and since then the government has been trying to come up with a formula... include limiting holiday lets in order to free up housing stock for long-term renters are also... necessary to put their apartments on the market. Another measure being lined up is a tender process
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Main parties facing challenges as new political season begins
PoliticsGreek Politics, SYRIZA facing more internal turmoil and PASOK gearing up for a leadership race. The new political... challengers are already lining up. A social media video published by SYRIZA MEP Nikolas Farantouris over.... PASOK Should SYRIZA end up holding a new leadership contest, this will give Mitsotakis even more
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Government defends economic recovery narrative as first poll after summer break lands
PoliticsGreek Politicsfive years, there is a lot of ground to be made up. He also argued that Greek incomes are catching up with others, but in a more healthy fiscal environment than in previous years. He went... in terms of per capita consumption, not at the bottom of the table. The Finance Ministry followed up
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Retail sales rise by 7.4 pct YoY in June, led by fuels
EconomyMacroeconomywas up by 10.2 percent, non-food increased by 6.8 percent and food sales grew by 7.2 percent. Retail... were also up by 9.3 percent. Food and beverages decreased by 2.3 percent and clothing and footwear..., with fuels up by 9.4 percent, a 6.3 percent rise in foods and non-food up by 5.2 percent. According
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