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Employment balance positive by 2,116 in December, 34,621 fewer jobs created in 2020
EconomyMacroeconomyThe employment balance was positive with 2,116 more hirings than firings in December, data from... and 8.4 percent for shift work. In December, hirings were split by 58.6 percent for men and 41.4... period last year showed a positive balance of 127,644. The activity between January and December
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Retail turnover drops by 12.3 pct and volume by 11 pct in December
EconomyMacroeconomyGreece’s retail sales index decreased by 12.3 percent in December following a revised drop of 8.5... to December 2019, the main decreases in turnover were seen in automotive fuel, with a decline of 35.4... adjusted (SA) retail sales index in December fell by 2.8 percent compared to November, while volumes
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Car sales rise by 16.1 pct in December, annual increase reaches 20.8 pct
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time rose by 16.1 percent in December, which is the same rate as in November, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.... Motorcycle sales continued to fall, declining by 26.5 percent in December and 28.2 percent on an aggregate
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Overall loan interest remains at 4.34 pct in December
EconomyMacroeconomyThe overall weighted average interest rate on all new loans to households and non-financial corporations remained at 4.34 percent in December, unchanged from November, data from the Bank of Greece..., whereas the corresponding volume of new business rose to 602 million in December from 210 million
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Trade deficit falls by 7.2 pct in December and rises by 5.2 pct in 2019
EconomyMacroeconomyGreece’s trade deficit dropped by 7.2 percent year-on-year (YoY) in December compared to a rise of 7 percent in November, data from the Hellenic Statistical Authority (ELSTAT) released on Friday... of oil products and ships, the trade deficit fell by 1.9 percent YoY in December. The figure
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Building permits increase by 50.3 pct in December and 12.6 pct in 2019
EconomyMacroeconomyBuilding permits rose by 50.3 percent year-on-year (YoY) in December compared to a rise of 12.4 percent percent in November, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed... that the construction confidence indicator edged up by 0.8 points to -31.3 points from -32.1 in December
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Trade deficit falls 10.8 pct in December as exports rise slightly
EconomyMacroeconomyGreece’s trade deficit fell by 10.8 percent year-on-year (YoY) in December compared to a drop of 18 percent in November, data from the Hellenic Statistical Authority (ELSTAT) released on Friday... of oil products and ships, the trade deficit fell by 11.9 percent YoY in December. The aggregate
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General govt primary cash deficit of 12.55 bln in December, arrears drop by 345 mln
EconomyMacroeconomyrefunds made up the majority of the arrears in December. Debt Central government gross debt rose by 3.24... of 3.29 billion euros in repos which came to 35.36 billion in December and made up 9.5 percent
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Travel balance falls by 97.3 pct in December, 76.5 pct in 2020
EconomyMacroeconomyGreece’s travel balance came to 778,000 euros in December from 28.6 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 97.3 percent year-on-year (YoY). Receipts... at 17 million euros in December. For the same month of 2019, the YoY change showed a rise of 22.4
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Support finely balanced as coalition enters make or break December
PoliticsGreek PoliticsThe New Democracy-PASOK coalition enters this December one of its most crucial months since the June 2012 elections, with Greek politics in flux and public opinion finely balanced, according to the latest opinion polls. Confirmation on Friday that talks with the troika have stalled again undermined
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