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  1. Greek trade deficit narrowed 11 pct in 2013 but exports marginally negative
    Photo by MacroPolis

    EconomyMacroeconomy

    drivers for the substantial improvement of Greece’s Current Account (C/A) balance in 2013. The latest BoG figures show the C/A balance turned positive in 2013 (for the first time since 1948) posting a C... of 5.9 billion on the overall balance. The substantial improvement is owed to a drop in the trade deficit

    6%
  2. For Greek banks, it's business as unusual
    Photo by MacroPolis

    Agora

    ) in the autumn of this year. The necessary scrutiny of lenders’ balance sheets, their level of reliance... relationships with domestic lenders whose capital basis is uncertain and whose balance sheets display... will be hindered by underlying balance sheet legacies and tested by domestic challenges concerning

    6%
  3. Greek private sector sees net job departures of 9,954 in Jan

    EconomyMacroeconomy

    The hirings balance showed net departures of 9,954 in January, up from last year’s figure of 9,273.... Since 2001, from when figures are available, January has always posted a negative balance apart from..., followed by the 45-64 group at 23 percent. The biggest positive contributors to the employment balance

    6%
  4. General gov't figures shed more light on course of spending, revenues during crisis

    EconomyMacroeconomy

    ’s primary balance has been slashed by 25.5 billion euros, largely reflecting a sharp cut... 49.2 percent of GDP in 2009 to 47.5 percent in 2015. Τhe overall balance has been steadily cut over... in 2015 from 36.36 billion in 2009. On top of the primary balance marked improvement, the shrinking

    6%
  5. General government primary cash surplus widens to 2.5 bln by May, arrears resume upward trend

    EconomyMacroeconomy

    in the state budget (+480 million), while the primary cash balance of the social security funds (SSF... to the overall positive gg balance. Local governments’ balance remained positive at 118 million, while... expenses related to purchases of goods and services increased by 75 million to 1.77 billion

    6%
  6. General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln

    EconomyMacroeconomy

    in the primary cash balance of the extrabudgetary funds, which turned from a deficit of 359 million... in the corresponding period last year. In addition, local government recorded an increase in their primary cash balance... terms though, state budget remains the major contributor to the overall gg balance. According

    6%
  7. Net job hirings of 7,788 in September; highest 9-month figure since 2001

    EconomyMacroeconomy

    The employment balance turned positive in September, with net hirings standing at 7,788, up from... of 15,842 were posted by the 30–44-year-old age group, while the employment balance among youth (15...-to-date employment balance remains positive, with net hirigs of 245,605, notably up from the figure

    6%
  8. Record job departures in Oct but highest 10-month net hirings since 2001
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The employment balance turned negative again in October with net departures notably increasing... recorded a negative employment balance in October with the highest figures in the 30-44 and 45-64 years old... in October, the 10-month employment balance remains positive, with net hirings of 162,795

    6%
  9. Job departures at 37,667 in Nov, 11-month net hirings highest since 2001
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The employment balance stayed negative in November 2016 with net departures rising to 37,667 from... registering a negative employment balance in November with the highest figures in the 30-44 and 45-64 years... employment balance still remains positive, with net hirings of 125,128, up by more than 36 percent

    6%
  10. Job hirings of 11,132 in Dec; 2016 net hirings at record high since 2001
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    The employment balance remained positive in December 2016, with net hirings increasing to 11,132... employment balance of 7,051 was recorded among youth (15-24 years old), while the 45-64 years old group..., the employment balance for 2016 stood at 136,260, up by 36.7 percent from last year’s figure

    6%