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  1. Job market slows this year as 67,202 fewer jobs created up to Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    and termination of contracts. Layoffs are up by 31 percent compared to last year, as all Covid-related measures preserving jobs have been wound down. Hires were up by 13,878 jobs compared to October last year, while departures are up by 59,686. The proportion of hirings for full-time work came to 44.7 percent

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  2. SYRIZA gears up for looming elections as poll gap narrows
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    , the main opposition party is gearing up for the upcoming election campaign. SYRIZA’s political... its backing edge up from 23.7 to 24 pct. Although this still means that the gap between the two... of undecided voters, though, is up from 8.5 to 9.3 pct. The cost-of-living is seen as a major concern

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  3. After 2021 balance sheet clean-up, Alpha Bank turns profit of 398 mln in 2022
    Photo by MacroPolis

    EconomyBanking

    impairments and transactions related to the balance sheet clean-up for a total of 3.2 billion euros.... Core pre-provision income (PPI) in 2022 was 841 million euros, from 795 million in 2021, up by 6 percent. Asset quality Following a very busy 2021 in terms of the balance sheet clean-up, the NPE stock

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  4. SYRIZA inches towards electing new leader, keeps up attacks on government
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    SYRIZA is stepping up preparations for its leadership election, which is just over 3 weeks away... to sign up on the day of the first election to be able to participate in the vote. The party hopes... in the summer. The formula of opening up the membership process to newcomers is tried and tested

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  5. Warning from producer prices as most categories rise YoY in July, index up 1.4 pct MoM
    Image via www.moh.gr

    EconomyMacroeconomy

    on Wednesday. The index was in negative territory for most of 2020 and up to March 2021, when it grew annually... the rolling 12-month period is up by 6.7 percent. The products sold in the domestic market dropped 5.9... increased by 0.5 percent, capital goods were up by 3.7 percent, durables up by 2.7 percent and non

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  6. Hiring balance up to August improves by 43,573 jobs YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    are up by 5,079 year-on-year, while voluntary exits were down by 4,322. Hires were up by 17,897 jobs compared to August last year, while departures are also up by just 757. The proportion of hirings for full-time work came to 49 percent. Part-time and shift work made up 41 percent and 10 percent

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  7. Alpha NII rises 6 pct YoY to 829 mln, commissions income up 14 pct
    Photo by MacroPolis

    EconomyBanking

    ) in H1 was 635 million euros, from 558 million in H1 2023, up by 14 percent. Asset quality The NPE ratio... in H1 and 73 percent from collateral. P&L NII was 829 million euros in H1, up by 6 percent year... million euros last year, up by 14 percent. Trading income was up to 68 million euros, from 53 million

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  8. Inflation up to 2.7 pct in July as housing costs keep rising
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in Greece’s Consumer Price Index (CPI) picked up pace in July with a rise of 2.7 percent..., from a rise of 0.5 percent in June. In July 2023, the CPI was up by 2.5 percent YoY. The price... by 4.3 percent and health increased by 1.9 percent. Education was up by 3.5 percent. Housing costs

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  9. Travel receipts recover in Sep, up 4.1 pct in 9M to 18.76 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    to 3.32 billion euros in 2023, up 7.9 percent year-on-year. Travel payments dropped by 13.8 percent to 186.8 million euros. The number of arrivals in September reached 5.48 million, up 6.6 percent... expenditure per trip was stable up by just 0.3 percent to 623.5 euros from 621.4 euros in 2023. For the nine

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  10. ND hits back at Tempe accusations as opposition seeks to keep up pressure
    Image: MacroPolis

    PoliticsGreek Politics

    they have felt cornered by events and the opposition’s actions. “We have an opposition that is not up... - this proves there is no cover up on behalf of the government. He noted that HARSIA was set up... they felt that it was being set up with the aim of protecting the government. Opposition persists

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