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Boosted by seasonal factors, quarterly unemployment drops below 10 pct for first time since 2009
EconomyMacroeconomy. A total of 467,619 were recorded as unemployed in Q2, decreasing by 18.6 percent from the previous... to 248,600 people, representing 53.2 percent of the total unemployed. Alarmingly, the largest portion... as self-employed without employees (19.5 percent). Part-time employment was 6.5 percent of total, while
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Current account deficit at 8 bln after 10M as goods deficit widens
EconomyMacroeconomybillion euros in October, from 2.94 billion euros in the same month last year. Total imports came to 7.14 billion euros in October, from 7.27 billion last year. At the same time, total exports came.... Travel receipts came to 2.18 billion euros, from 1.82 billion euros in October 2023. The total
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PM prepares to finalise relief package as talk of electoral tweak gathers pace
PoliticsGreek Politicsmore room for relief measures. This could take the total package to around 2 billion euros... this allowance at a total annual cost of 360 million euros, and any change will need... percent, plus one extra seat for every 0.5 percent up to a total of 50 seats at 40 percent) never
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Quarterly unemployment stable at 8.3 pct in Q4 as labour market continues to improve
EconomyMacroeconomyto the tourism sector peak in Q3 each year and the build-up in hiring for the high season in Q2. A total... percent of the total unemployed. Alarmingly, the largest portion, 100,100, has not worked for more than...). Part-time employment was 5.3 percent of total, while the share of persons with temporary jobs was 8.9
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On monetary policy and inflation targeting
Agorasay 2 percent year-on-year (Y/Y) for the headline index of consumer prices (HICP).[2] Country A has... policy, aiming in both cases at a Y/Y headline rate of inflation of 2 percent. The bold line presents... 10 percent, before showing some easing toward the 2 percent objective. The central Bank in Country B
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Bank of Greece decision bolsters Greek lenders’ capital ratios
EconomyMacroeconomyrecognition. The total DTA consideration is worth 9.3 billion euros and the remaining DTA to be recognised...-forma 9-month 2013 EBA CT1 by 2 billion euros with the respective ratio hiking to 13.5 percent from 8.1...’s upcoming share capital increase of 2 billion euros. The bank has recently initiated the capital
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New Democracy and SYRIZA neck and neck for EP vote but PASOK adrift
PoliticsGreek Politics— MacroPolis (@MacroPolis_gr) May 2, 2014 Metron Analysis poll for Ethnos (#EP2014): ND 20.6, SYRIZA 20... — MacroPolis (@MacroPolis_gr) May 2, 2014 Pulse poll for Pontiki (#EP2014): SYRIZA 22, ND 20.5, GoldDawn 10... parties for plans to accept a total of 7 million euros in state funding for their election campaigns
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Tourism helps bring Greek unemployment down to 26.4 pct in July
EconomyMacroeconomyfor a job. In addition, only 111,789 or 11.5 percent of total registered receive the monthly 360-euro.... In contrast, the jobless rate in the 55-64 age group increased by more than 2 percentage points YoY to 17.2... percentage points (pp) in 2014 and by a further 2 pp in 2015. Note that the average jobless rate so
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Newsletter 11 - 16/01/2015
to be in a straight contest for third spot. The centrist party is edging ahead in most polls but the virtual total... with the troika. Tapping the bond markets is out of the question due to soaring yields. 2. Returning... figure is the second lowest figure since 2001. 2 The demand for debt relief Is the cart being put
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The state of play with Greek banks' liquidity
EconomyThe ECB is expected to decide on Wednesday, February 4, on the extension for another 2 weeks... banks have already tapped ELA for 2 billion euros. It is unclear at the moment whether the ECB... a total of 7 billion euros in the next two months, of which 2.4 billion are due in February
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