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December current account deficit at 1.24 bln on falling services balance
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a deficit of 1.24 billion in December, worsening... by 233.4 million euros year-on-year. According to the BoG, this was driven by a worsening balance in all main components, except for the balance of goods. The services balance fell to 449.5 million from
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Credit contraction slows to 1.3 pct in Sept, balance at 176.83 bln
EconomyMacroeconomy, the outstanding balance decreased to 176.83 billion from 177.44 billion in the previous month, remaining under... balance also turned positive and stood at 703 million euros from a negative balance of -100.9 million in August. The household lending sector’s negative balance stood at 131.2 million euros, improving
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Hirings turn positive, but with low balance, in Feb
EconomyMacroeconomybalances in five of the last seven months, with February being the first positive balance since... balances except for the over 64-year-olds. The highest balance was in the 30-44 age group with 4,355...Greece’s employment balance turned positive in February with 15,189 more hirings than departures
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Employment balance records 33,620 more hirings than departures in June
EconomyMacroeconomyThe employment balance remained in positive territory in June with 33,620 more hirings than... of a positive employment balance in the Greek job market, albeit slowing from May’s record high of 108,725. Compared to June 2017, the balance is also lower by 6,979. The report noted that the latest
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Employment balance negative by 3,666 in December
EconomyMacroeconomyThe employment balance remained negative in December with 3,666 more firings than hirings, data... employment balance, and is also the first time since 2014 that a negative balance has been recorded.... Three out of five age brackets recorded a negative hirings balance during the month. The highest
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April sees lowest hiring balance on record as pandemic bites and 233,626 fewer jobs offered
EconomyMacroeconomyThe employment balance edged into positive territory in April with 7,205 more hirings than firings... hirings in April 2020 compared to April 2019, leading to the lowest positive hiring balance for April since 2001. As with March, they noted that the poor employment balance was due to the exceptional
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Employment balance positive by 37,568 in June, reflecting uptick in seasonal hires
EconomyMacroeconomyThe employment balance was positive with 37,568 more hirings than firings in June, data from... 6,161 more people hired than fired. The balance for June 2020 represents the second highest positive balance for June registered by Ergani since 2001. Total hirings came to 238,353 versus 200,785
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Net job hirings balance negative by 16,542 in January
EconomyMacroeconomyThe employment balance turned negative in January as departures outpaced hirings by 16,542.... The negative balance reverses the positive reading of 15,315 in December. The report noted that the month of January has recorded a negative balance for every year since 2001, with the exception of 2014 when
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Credit contraction at 1 pct in March, balance at 180.34 bln
EconomyMacroeconomyin the outstanding balance falling to 180.34 billion from the previous month’s figure of 182.58 billion euros. The net lending flow returned to positive territory with a balance of 219.4 million compared... sector lending balance has turned positive for the first time this year. During March, the corporate
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Credit contraction deepens to 1.9 pct in April, balance at 179.13 bln
EconomyMacroeconomyin the outstanding balance falling to 179.13 billion from 180.34 billion, representing the first time since January 2007 that the balance has dipped below 180 billion euros. The net lending flow dipped... balance of 219.4 million in March, which had been the first positive balance for the year. In April
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