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Unemployment edges down again in June, falling to 17 pct
EconomyMacroeconomydepartures. In the aggregate period, the employment balance showed 281,775 more hirings than departures... the Labour Ministry’s Ergani database for July showed that there were 14,691 more firings than hirings. Compared to the same month last year, there were 6,081 fewer hirings than firings in July 2019. The data
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Exceptional conditions behind reduced unemployment rate of 14.4 pct in March
EconomyMacroeconomy. In the aggregate period, the employment balance showed 27,149 more firings than hirings. This represents... the Labour Ministry’s Ergani database for April showed that the employment balance edged into positive territory in April with 7,205 more hirings than firings. Compared to the same month last year, there were
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Income tax and VAT revenues drive budget primary surplus to 3.38 bln in Feb
EconomyMacroeconomy. The overall balance is better than the target by 1.34 billion euros. Revenues Net revenues in January...The budget primary balance was confirmed at a surplus of 3.38 billion euros in February, compared... (MoF) budget execution data released on Tuesday. In February, the budget primary balance
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Greek current account deficit widens by 27.4 pct in Feb
EconomyMacroeconomyyear on year (YoY) mainly stems from the deterioration of the primary income balance by 358 million... million respectively. This more than offset a narrowing of the goods’ deficit by 357 million..., the improvement in the goods’ balance mainly reflects a lower net oil import bill, on the back
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Current account in surplus for 2nd straight month in June but down 20 pct on 2014
EconomyMacroeconomyGreece's current account (C/A) balance displayed a surplus for the second successive month in June.... In more detail, the slight deterioration of the goods’ balance by 1.8 percent stems from a double.... Although C/A balance displayed a surplus in June and May, the first half figure points to a deficit of 1.72
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Current account surplus widens to 1 bln in September
EconomyMacroeconomyGreece’s current account (C/A) surplus expanded by more than 104 million euros or 11.5 percent from... said that the improvement in the oil balance outpaced an increase in the non-oil balance, while non... balance rose on the back of higher net air and sea transport receipts. Moreover, travel receipts
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Budget exudes fiscal stability, but hints at political complications
EconomyMacroeconomyin the case of Greece to more than 209 pct of GDP in 2020, and the primary balance was pushed to -6.6... to quickly balance on a primary basis already in 2022 and run a surplus of 2.1 pct of GDP in 2023. The 2025 budget sees the primary balance at 2.5 pct of GDP this year and will remain at that level
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Newsletter 382 - 26/05/2023
. The left-wing party’s support plummeted to 20 pct, 11 points lower than in 2019 and some 10 points lower than many opinion polls had indicated. The result means that virtually the only thing standing... of the vote on Sunday, which was around 3.5 points more than in 2019 and its highest electoral score
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Europe missed an opportunity on banking union
Agoraand proceeding with recapitalisation wherever it is needed is a fundamental precondition for economic
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EU experts concerned about level of xenophobia, violence against migrants in Greece
Societystrategy to combat racism and intolerance”. Secondly, investigations and judicial proceeding of cases
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