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  1. Unemployment up for second straight quarter to 24.9 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    noting they could not find a full-time job. At the same time, the number of underemployed retained... for a job. Of those looking for a job, 83.3 percent were looking for full-time, but would accept a part-time job, while 12 percent were looking exclusively for a full-time job. In addition, 6.4

    4%

  2. Rise in number of Greeks insured in 2015 but average salary edges down
    Photo by MacroPolis

    Economy

    at the end of 2015 from 1.7 million a year ago. The breakdown showed that those with full-time... for full-time employees edged down by 0.7 percent to 23.26 days per month, while the respective drop.... However, the average gross salary declined at a higher pace of 3.2 percent to 1,205 euros for full-time

    4%

  3. Net job hirings of 17,128 in September after brief dip
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    to 52 percent relate to layoffs. Full-time hirings were below 40 percent of the total in September..., respectively. During the first nine months of 2017, full-time employment remained broadly stable.... The percentage of full-time employment for the same time last year was 46.7 percent. For the same period

    4%

  4. Trust in Greek banking system shaky, survey suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    capital controls, those surveyed believed the full lifting of the measures would take around 3 to 4... increases in the limit for money transfers abroad. The second intermediate step involves the full... to the full relaxation of capital controls involve strong confidence in the banking sector, reflected

    4%

  5. Net job hirings balance turns negative by 98,420 in October
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    by 15,610. Hirings totalled 208,643 versus 307,063 departures, of which 73.6 percent were layoffs. Full... months of 2017, full-time employment remained broadly stable at 45.6 percent. The percentage of full.... The year-to-date hirings are split in favour of flexible types of work (54.5 percent) versus full-time

    4%

  6. Three in 10 workers in part-time jobs, earning less than 400 euros
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    percent did not make more than 23.48 per day. Men were more likely than women to be in full-time... workers compared to 44.5 percent men. For workers in full-time employment, the daily wage came to 49.6 euros with an average monthly wage of 1,152.19 euros. In total, the average wage for both full

    4%

  7. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    for the full year and 124 million for Q4. Pre-provision income (PPI) fell by 51 percent quarter-on-quarter... in Q4 and 2 billion for the full year. Full year loan provision expenses in Greece increased to 1.93... to the conclusion of our restructuring plan, the accomplishment of our NPE goals, the full elimination of ELA

    4%

  8. Hirings balance hits record high of 100,246 in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    55.5 percent were layoffs. Full-time hirings increased to 55.6 percent of the total, representing the first time since May 2017 that the balance has increased over 50 percent for full-time work. Part.... For the first four months of the year, full-time employment increased to 49.8 percent of the total, compared

    4%

  9. Banks focus on reducing NPLs linked to property
    Photo by MacroPolis

    EconomyMacroeconomy

    and the Elliott- Bain-Cerved joint venture. Eurobank reported in its full-year results that their real estate... at redesigning its approach to property-linked NPEs. In its full-year financial report for 2018... estate assets. In its full-year report for 2018, Piraeus Bank reported holding 25 billion euros

    4%

  10. April hirings balance positive by 110,895, aggregate balance highest on record
    Photo by MacroPolis

    EconomyMacroeconomy

    departures. The proportion of hirings that were for full-time work came to 56 percent in April, compared to 45.9 percent in March. April’s percentage for full-time work is the highest since April 2018, when full-time hirings came to 55.6 percent. During the month, part-time and shift work made up

    4%