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  1. Employment balance positive by 33,210 in April; catering starts hiring ahead of reopening
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    The employment balance was positive with 33,210 more hirings than people leaving their jobs in April, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, the employment balance improved by 26,005. But despite that pick up from last year, which

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  2. Summer optimism undermined by uptick in Covid-19 indicators and subdued expectations for tourism
    Photo by MacroPolis

    PoliticsGreek Politics

    in the coming season, which would be a strong improvement on last year’s 25 pct. He pointed..., are unnerved by the lack of advance bookings which are the norm for this time of year. They are pinning

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  3. Productivity developments in the Greek public and private sector
    Photo by MacroPolis

    Agora

    to the same quarter of a year earlier (to avoid seasonality). Figure 2 shows the growth rates for the economy.... Before the euro crisis, the private sector produced productivity growth of 1.5 percent a year, which

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  4. Government mulls policing shake-up in response to violent crime incidents
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . Among the figures quoted by the government, the first five months of this year have witnessed 35... by the end of the year, against 46 pct who do not. Meanwhile, the spring issue of the Eurobarometer

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  5. Reshuffle speculation resurfaces, swiftly dismissed by government

    PoliticsGreek Politics

    reshuffle could be that as his government reaches its two-year anniversary, Mitsotakis wants to send... of snap elections later this year. While Mitsotakis has rebuffed such suggestions, the conjecture

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  6. Govt on defensive over property tax tweaks and labour bill
    Photo by MacroPolis

    PoliticsGreek Politics

    is expected in the second half of the year as owners try to avoid the extra tax linked to the new... unchanged. The new ENFIA will come into effect in January next year and can be paid in 10

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  7. CPI rise by 0.1 pct YoY in May, turning positive on energy base effects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) rose by 0.1 percent year-on-year (YoY) in May compared to a decline of 0.3 percent seen in April, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The average CPI for the rolling 12 months fell by 1.5 percent. Month-on-month, the CPI for May

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  8. Wages index up by 5.8 pct YoY in Q1 2021, rises by 1 pct QoQ
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index increased 5.8 percent year-on-year (YoY) in the first quarter (Q1) of 2021, following a rise of 4.5 percent in Q4, Hellenic Statistical Authority (ELSTAT) figures revealed on Wednesday. The wages index captures employees’ gross earnings, including

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  9. PBO ups growth estimate to 3.6-4.8 pct, warns of complacency and inequality risks
    Photo by MacroPolis

    EconomyMacroeconomy

    Following the positive developments in the first quarter of the year, when the economy only shrank by 2.3 pct on an annual basis, in its latest quarterly report the Parliamentary Budget Office... recovery this year on the rebound of tourism, it is important to improve the health outlook

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  10. Govt talks up benefits of pension reform as Delta variant concern grows
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in contributions each year, will be paid to private insurance firms each year. As the bill is put to a two-week

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