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Budget primary deficit at 1.13 bln in Nov as taxes continue to outperform
EconomyMacroeconomymonth was more than 6.4 billion euros. Expenditure, excluding interest payments and the public... deficit in November 2021. The overall balance is better than the target by 1.08 billion euros. Revenues
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Newsletter 363 - 16/12/2022
that came less than 48 hours after SYRIZA leader Alexis Tsipras had asked Prime Minister Kyriakos... Androulakis became its leader last year are ideologically closer to ND than they are to SYRIZA
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Q3 unemployment of 11.6 pct is lowest rate since Q1 2010
EconomyMacroeconomy-term unemployed (more than 1 year) came to 349,500 people, representing 62.9 percent of the total unemployed. Alarmingly, the largest portion, 145,300, has not worked for more than four years, though
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PM offers shopping bill subsidy as surveillance scandal threatens to spill over into judicial crisis
PoliticsGreek Politicsthan the “aspirin” of a small monthly, pre-election subsidy. There was also some scepticism expressed... that Mitsotakis might seek to speed up next year’s elections, holding them as early as February rather than
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Nov job data delivers worst employment figures on record, as 2022 produces 71,700 fewer places
EconomyMacroeconomyGreece’s employment balance went further into deep negative territory in November, with 83,627 more departures than hires according to data from the Labour Ministry’s Ergani information system. In October, the balance moved into deterioration as there were 115,856 more departures than hires
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HFSF sets out bank divestment strategy, marking final chapter in turbulent story
EconomyBankingthan 5 pct ownership, with the overarching objective of securing a premium of the holdings... tumultuous decade and no shareholder has been hurt more than HFSF. Over just three years, from the first
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Budget primary deficit ends 2022 at 6.68 bln, from 10.33 bln in 2021
EconomyMacroeconomya 14.87-billion-euro deficit in December 2021. The overall balance is better than the target by 1.72 billion euros... in the month. Tax refunds came to 6.15 billion euros, 159 million more than the target. Expenditure Up
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Close of 2022 sees softer labour market, with 60,235 fewer jobs
EconomyMacroeconomyGreece’s employment balance moved to positive territory in December, with 8,867 more hires than departures, according to data from the Labour Ministry’s Ergani information system. In October last year, the balance moved into deterioration as there were 115,856 more departures than hires
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Budget starts year where it left off in 2022, beating target by 618 mln in Jan
EconomyMacroeconomy. The overall balance is better than the target by 554 million euros. Revenues Net revenues... million euros, 184 million more than the target. Expenditure In January, overall expenditure stood
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Unemployment edges up to 11.9 pct in Q4
EconomyMacroeconomy. The number of long-term unemployed (more than 1 year) came to 355,700 people, representing 63.7 percent of the total unemployed. Alarmingly, the largest portion, 143,300, has not worked for more than four
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