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  1. Newsletter 278 -14/12/2020

    Newsletters

    210,000 have shut down due to state-imposed measures and another 600,000 have been affected in some way..., there were just 119,575 hirings, down by 89,008 compared to last year. Layoffs were also lower by 89,634... by a large securitisation of one systemic bank and are down by 48.5 billion euros since the March 2016

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  2. Labour market developments in Greece during Covid-19
    Photo by MacroPolis

    Agora

    to get unemployment down to, say, below seven percent, by the end of the 2020s? Since the peak... to bringing unemployment down. Participation. One cause of lower unemployment, besides new GDP.... They cannot find a job, are repeatedly turned down and then give up. This is known as the “discouraged

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  3. Newsletter 294 - 23/04/2021

    Newsletters

    million euros – down from 1.27 billion euros the year before. The local government surplus last year... is still down from 5.83 billion euros in 2018 and 8.03 billion euros the year before that. The 2020 government debt was broken down between 6.55 billion euros in currency and deposits, 67.2 billion euros

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  4. Newsletter 295 - 07/05/2021

    Newsletters

    , greater testing and more activity moving outdoors would bring the number of coronavirus cases down... of interest were 14 billion euros, which pushed the guidance down to 50 basis points over Mid Swaps... more than 20 billion euros in offers, pushing down the guidance to 47 basis points and indicating

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  5. Newsletter 297 - 21/05/2021

    Newsletters

    Kyriakos Mitsotakis warned Greeks at the start of the week not to let down their guard despite the fact... warned that the government would clamp down if it feels that there is an abuse of the greater freedom... down further by next month, when a greater number of visitors is expected in Greece. Monday’s

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  6. Broad impact of inflation crisis becoming clearer
    Photo by MacroPolis

    Agora

    release that hit the lowest in over a year at 53.8, down by 1 point, although still in expansion territory. The overall growth in Greek manufacturing was weighed down by subdued growth in output... of fuel month-on-month were down by 3 pct as Greeks must contend with prices at the pump of up to 2.3

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  7. Newsletter 344 - 01/07/2022

    Newsletters

    revised down as uncertainty hits. Official estimates were updated this week with the latest Bank of Greece forecasts included in its monetary policy report, where growth for 2022 was revised down to 3.2... pct in 2022. Recently the OECD also revised down its estimate for this year to 2.8 pct, while

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  8. Despite seasonal recruitment in accommodation and catering, hiring balance slows to 2,999 in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance slowed down in July with 2,999 more hires than departures, according... measures preserving jobs are wound down. Hires were down by 14,464 jobs compared to July last year..., with the highest in 30-44 with 13,978 more departures. Broken down by employment activity, catering had a positive

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  9. Newsletter 353 - 30/09/2022

    Newsletters

    pushed it further down to 1,332 euros in 2020. The effect of inflation during 2021 was also captured... the spending in recent years is compared to the same key categories in 2008, with food down by 10.4 pct, housing down by 16.3 pct, transport 36.3 pct, health at 19.3 pct lower and clothes a significant

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  10. Retail sales grow by 11.9 in Jul, but volume data continues to tell different story
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    were noted in clothes and footwear down by 12.9 percent and sales not in stores that dropped by 4.8 percent. The inflationary effects are reflected in further drops in volumes with fuels down by 2.6... August, is down by circa 11 points from the -39.8 of October last year. Retail trade remained

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