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Employment balance negative by 3,666 in December
EconomyMacroeconomyThe employment balance remained negative in December with 3,666 more firings than hirings, data..., there were 9,636 fewer people hired than fired. December marks the third continuous month of a negative... negative balance was seen in those aged 45-64 years, where there were 8,250 more firings than hirings
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ND's electoral bill put before MPs as PM mulls options for president
PoliticsGreek Politicsclinch a qualified majority of more than 200 out of 300 MPs so that the new electoral law could apply... not have a majority and could need more than one coalition partner to form a government. This means... in May 2012 did the winning party win less than 25 percent of the vote, when New Democracy gained
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PM trails switch in tax cuts, admits misstep in approach to migration
PoliticsGreek Politicsthat reducing social security contributions faster than planned would be more useful for businesses. According... the expulsion of arrivals who are economic migrants rather than refugees. “We have no obligation to accept... to envisage last summer, rather than to address any other failings on ND’s part. “If I knew six
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Poll shows support for ND in several policy areas as pension bill debate heats up
PoliticsGreek Politicsand freelancers would have to pay under the new system would be higher than under the scheme... than the current 60 percent, someone who is insured for one job will not have to pay a second set... on 4 pct. More than half (51 to 56 pct) of the respondents were pleased with the government’s
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Newsletter 237 -31/01/2020
for the ruling centre-right party stands at 37.1 pct, with SYRIZA on 22 pct. More than half (51 to 56 pct... of the Republic. At the recent ND congress, Samaras took a much harder line than Mitsotakis and figures loyal... but which went sour during the crisis will also need to be settled as banks are claiming more than 2
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Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
EconomyProgrammelower than the target. The under-execution of the PIB is an ongoing concern, and the Commission notes... a sizeable cash buffer of more than 23 billion euros that covers more than two years of financing needs... by more than 30 billion, using 12 billion euros of state guarantees, still leaving banks
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GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019
EconomyMacroeconomypercent, lower than the forecast of 4.1 percent. The figures showed that nominal GDP grew by 1.5.... Government expenditure increased by 2.1 percent, also higher than the government’s forecast of 1.6... percent in 2019, lower than the MoF’s forecast of 8.8 percent. Exports As noted, exports of goods
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Employment balance positive by 24,867 February
EconomyMacroeconomyThe employment balance turned positive in February with 24,867 more hirings than firings, data from..., there were 2,973 fewer people hired than fired. Total hirings came to 183,602 versus 158,735 departures... people hired than fired. This was followed by those aged 45-64 with a positive balance of 6,202
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Newsletter 243 -13/03/2020
in impacted areas that had to close for more than 10 days. The government is working on a second set... than other countries because the virus will impact demand more than the supply side. Overdue social... of amounts owed showed that 80.7 percent of debtors owe less than 15,000 euros each for an aggregate
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Worst ever negative employment balance recorded in March as virus measures hit
EconomyMacroeconomyThe employment balance turned sharply negative in March with 41,903 more firings than hirings, data..., there were 85,276 more people fired than hired. Ergani noted that the balance for March 2020... years, where there were 15,008 more people fired than hired. This was followed by those aged 45-64
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