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EU court ruling leaves margin for change to collective redundancy law
Legalsuch national legislation, which must in that case seek to reconcile and strike a fair balance between... collective redundancies, but only aims at regulating this option in order to achieve a fair balance... quality scientific and expert legal advice as well as tailor-made legal services, proactive guidance
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These were the key drivers behind Greece's strong fiscal performance in 2016
EconomyMacroeconomybalance grew by 6.8 billion from the previous year and turned to a surplus of 1.22 billion in 2016... balance, the overall fiscal consolidation reflects a decline in interest payments by 673 million... at 21.61 billion. Goods and services’ expenditure stood at 8.32 billion, down by 321 million, which
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General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
EconomyMacroeconomycash balance turning from a deficit of 72 million euros last year to a surplus of 1.01 billion... months respectively. The outstanding balance stood at 5.05 billion at the end of March. The modest... billion. On the flipside, purchases of goods and services increased by 129 million to 1.01 billion, while
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Newsletter 121 - 02/06/2017
contraction has prevailed in the Greek banking market. The loan balance has dropped by more than 25... balance edged down to 119 billion in April. The breakdown showed that sight and time deposits posted... and the retail trade indicator also declined by 1.5 points to 1.5. In contrast, the services confidence
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Net job hirings reach 40,599 in six-month
EconomyMacroeconomyThe employment balance stayed positive in June 2017 with net hirings climbing by around 55,600... balance in June. The highest net hirings took place in the 15-24 year age group (+32,000) followed.... The biggest contributors to net hirings were food services (+35,837), accommodation (+25,349) and retail
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Net job hirings slow to 7,242 in July, lowest since January
EconomyMacroeconomyThe employment balance remained in positive territory in July, although net hirings dropped... rose to 54.9 percent from 49.6 percent in June. A negative employment balance was noted in all age... sectors contributing to net hirings were food services (+15,728), accommodation (+8,225) and the food
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General govt primary cash surplus at 1.98 in Jan, arrears fall by 167 mln
EconomyMacroeconomywere noted in the social security funds (SSFs) primary balance, which fell by 265 million to 296 million. The local government primary balance also declined by 53 million to 84 million. Overall... to 3.10 billion, employee compensation (+74 million), purchases of goods and services (+26 million
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Newsletter 177 -05/10/2018
billion. Overall, the state budget primary balance declined by 912 million euros to stand at a surplus of 959 million euros. For the same time last year, the balance was higher at 1.87 billion euros..., included the disbursement of backpay to members of the armed forces and emergency services, as well
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Travel surplus rises by 17.4 pct in H1 as sharp rise in visitors drives receipts growth
EconomyMacroeconomyThe balance of travel services came to a surplus of 3.69 billion euros for the first half (H1) of the year, Bank of Greece (BoG) noted in its travel balance report for the first six months of the year. This year’s figure is 17.4 percent higher than that for the same period last year when it came
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OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence
EconomyMacroeconomygovernment fiscal balance of 0.1 percent in 2019, down from 0.8 percent in 2018, which is expected... servants. The OECD notes that if slower growth hampers meeting the targets, or if the budget balance... services and competitiveness, and growth-friendly public investments and social transfers are also
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