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Record job departures in Oct but highest 10-month net hirings since 2001
EconomyMacroeconomywork, respectively, meaning that flexible type of work made up more than 6 out of 10 hirings..., considerably higher than last year’s figure of 116,548. We also highlight that this year’s aggregate figure... reached 1.83 million in the January to October period and more than offset departures of 1.57 million
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomy, is expected to reach 1.09 percent of GDP in 2016, higher than both the draft budget estimate of 0.63... front, primary expenditure is projected to drop by more than 1.4 billion euros to around 44 billion... million in 2017, down by more than 100 million from 2016 figure of 586 million. Revenue
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Newsletter 99 - 09/12/2016
in Greece stood at 103,569 dollars, 17.4 percent lower than the European average of 125,460 dollars... the respective average European figure has decreased by less than 10 percent. According to preliminary figures... in October, after soaring by more than 343,000 in September, with the outstanding figure currently standing
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Jan-Nov budget primary surplus surges to 7.4 bln on solid revenue performance
EconomyMacroeconomyexecution bulletin showed on Thursday. The headline figure is 33 million lower than the preliminary... than target. Revenues Revenues (before tax refunds) increased for the fourth month in a row by 4... above the target. This mostly reflected higher than expected tax revenues. Specifically, tax
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Another spin of the wheel for Greece
AgoraThere couldn’t have been a more fitting end to the year in Greece than the Ferris Wheel fiasco... of more than 3 billion euros. Meanwhile, lenders’ non-performing exposure continued to rise... percentage said it did “with some difficulty”. This is more than double the EU average. Greece
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Greece’s M&A market stagnates during recession
EconomyFeaturespercent have more than five deals in the pipeline. The sectors with the strongest appetite... activity in the Greek market had been low in 2015, but still better than expected. In all of 2015... percentage points and an economic sentiment deficit 24 percentage points lower than the European average
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Higher number of firms and employees, increased average wage in private sector in 2016
EconomyMacroeconomywere employed in more than one firm. The number of companies has increased by 10,870 from 2015... also 541 large corporates employing more than 250 employees each. As it was also evident last year... part-timers, around 41 percent received a salary up to 1,000 euros, more than 20 percent between
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Pensions main source of finance for half of households as income falls again
Societyof households reporting that they were worse off quantitatively and qualitatively than before... (37.1 percent) homes said they survived on less than 10,000 euros a year, up from 36.3... with more than five members, unemployed members and on low incomes found it hardest to cover basic needs
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Newsletter 105 - 03/02/2017
to be a common Rather than rule out upfront legislation, Tsipras told Parliament that he would not make... to the legislation of new measures. Rather than rule out upfront legislation, he said his government would... could be higher than the potential benefit, which could prove only temporary. In addition, the delay
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Budget execution starts 2017 with primary balance outperformance on target-beating revenues
EconomyMacroeconomy, largely reflecting higher than expected revenues (by 340 million), while primary expenditure and Public Investment Budget (PIB) balance came in 58 and 41 million lower than target. In addition, the state... rose by 6.1 percent to 314 million, slightly better than the target. This led net revenues up 10.7
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