Search
-
Budget primary surplus grows in April thanks to one-off revenues and restricted spending
EconomyMacroeconomyGreece’s 4-month budget primary surplus more than doubled to 2.16 billion euros from 1.05 billion... halved from last year’s figure of 1.15 billion and landed at 508 million in the 4-month period, 2.41... balance in the year to date continues to support this year’s fiscal outcome.
1% -
Greek employers struggling to fill positions with right people
Societywith the right talents, the highest rate since 2008, according to the ManpowerGroup’s 10th annual Talent... shortages are not having any impact on client-facing activity. Commenting on the findings, Manpower’s... the necessary skills to convince employers that they are able to deal with today’s competitive
1% -
Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April
EconomyGreece’s budget execution showed the 4-month primary surplus more than doubled year on year (YoY... this year’s figure exceeded target by 2.41 billion Revenues Revenues (before tax refunds) rose... above the target despite the state’s tight liquidity condition. Overall, the 4-month net revenues rose
1% -
Unemployment unchanged at 25.6 pct in Mar but number of employed still falling
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate remained unchanged at 25.6 percent in March, following the upward revision of Ferbuary’s figure, according to the Hellenic Statistical Agency..., which is the highest reading over the past twelve months. The monthly change in March’s SA jobless
1% -
Sharp drop in gg primary surplus by end-April, arrears keep rising
EconomyMacroeconomymillion euros from surplus of 670 million last year, while local government’s primary suplus narrowed... and April was expected and relates to the government’s decision to delay a part of the non-payroll cost...), while hospital’s arrears increased by 46 million. In contrast, local government
1% -
Athens Stock Exchange ends week on a low, banks lose 9.7 pct
Economy, reversing the initial positive mood evident particularly during Tuesday’s session. The key... government’s decision to bundle June payments to the IMF into one at the end of the month.... Following this week’s negative performance, the cumulative losses in the post-election period were
1% -
High levels of dissatisfaction among Greeks, Eurostat report shows
Societycompared to the EU’s 7.4), jobs (6.1 compared to 7.1) and financial situation (4.3 compared to 6... Greece’s currently unfavourable labour market situation, with an employment rate of 52.9 percent... of 6.2 compared to the EU’s 7.3, Greeks were more satisfied than the Bulgarians, Italians
1% -
Industry turnover down by 2.3 pct in April for sixth straight fall
Economymonth’s decline after an upward revision of the March figure, according to the Hellenic Statistical...’s data, the trailing index of industrial turnover over the last twelve months displays a decline... (+28.4 percent) and other manufactured products (+24 percent). Markit’s Manufacturing PMI improved
1% -
Greek stocks down by 11.3 pct for biggest weekly fall of last month
Economyoutflows. Although the outcome of Thursday’s Eurogroup was fruitless, buyers slightly outpaced sellers on Friday amid expectations of an agreement at Monday’s Euro Summit. The European Central Bank's general... were the most volatile session of the week. Friday’s turnover of 145 million, also reflecting
1% -
Eurogroup inconclusive on new Greek proposals but opens path for agreement
PoliticsGreek PoliticsGreece’s efforts over the weekend to reach a deal with its lenders fell slightly short on Monday... as it appears Tsipras may have stepped considerably beyond the party’s red lines on some issues... within SYRIZA will foment over the days to come, possibly making Tsipras’s task to pass the potential
1%