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Hirings balance hits new record high of 108,725 in May
EconomyMacroeconomyThe employment balance continued its positive momentum in May with hirings outpacing departures by 108,725, data from the Labour Ministry’s Ergani information system revealed. May is the fourth month in a row where a positive hirings balance has been noted in the Greek job market. Compared to May
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Building permits fall by 2.3 pct in March, absolute permits rise above 1,000
EconomyMacroeconomyrose by 11.8 percent while volume rose by 4.2 percent. Greece’s construction sector has remained
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Wages index rises by 2 pct in Q1 and 4.9 pct YoY
EconomyMacroeconomyof Greece’s bailout package led to a sharp rise in unemployment across the seven years since
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Unemployment rate stable at 21.2 pct in Q1
EconomyMacroeconomyemployment came to 9.6 percent, up slightly against the previous quarter’s figure of 9.4 percent, while
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Mistrust in news reporting persists amid chaotic media landscape
Society). The report noted though that Greece and South Korea’s trust ratings have both increased by 2 pps
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Credit contraction unchanged at 1.9 pct in May, balance at 179.34 bln
EconomyMacroeconomya negative figure of 1 billion euros in the previous month, while the household lending sector’s
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Retail sales up by 0.8 pct in April while volume rises by 1.3 pct
EconomyMacroeconomyGreece’s retail sales index increased by 0.8 percent in April, slowing down from growth of 1.2 percent noted in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The headline index has remained positive for three out of the first four months of the year. February has so far
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PMI at 53.5 pts in June as Greek manufacturing sector finishes Q2 on a positive note
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by 0.7 points to 53.5 in June, staying over the 50-mark threshold for 13 straight months as confidence gradually strengthens. Markit noted that the recovery of the Greek manufacturing sector, which had held steady during the first quarter of the year, had remained
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SYRIZA working on package of expansionary measures to provide political boost
PoliticsGreek Politicssocial policies with much greater freedom," said Tzanakopoulos, highlighting the government’s
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May current account shows surplus of 191.5 million as underlying indicators improve
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a surplus of 191.5 million euros in May, reversing the deficit of 1.34 billion noted in April, Bank of Greece (BoG) figures showed on Monday. The respective figure for the same time last year showed a deficit of 658.1 million, meaning that year
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