Seasonal factors shape employment balance in July as job departures dominate
Greece’s employment balance in July had 13,795 more departures than hires, according to data from the Labour Ministry’s ERGANI information system.
Greece’s employment balance in July had 13,795 more departures than hires, according to data from the Labour Ministry’s ERGANI information system.
The government returned from the Thessaloniki International Fair determined to turn Kyriakos Mitsotakis’s 2.2-billion-euro package into a coherent political narrative.
There was a reversal in the recent trend for Greece’s trade deficit in July thanks to a 3.2 percent year-on-year (YoY) rise, after a fall of 18.1 percent in June, according to data released by ELSTAT on Monday.
Greece’s seasonally adjusted (SA) GDP grew modestly in Q2, rising by 0.3 percent quarter-on-quarter (QoQ), from 0.2 percent increase in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Monday.
Athens is seeking to respond to the latest escalation with Turkey on two levels: by keeping communication channels open to prevent tensions from turning into a crisis, while at the same time making its red lines on sovereignty and sovereign rights explicitly — and increasingly — clear in writing.
The results of Sunday’s regional elections in the German state of Saxony‑Anhalt should not be seen as a surprise. The victory of the hard‑right Alternative für Deutschland (AfD) and the defeat of the governing Christian Democrats (CDU) had been signalled for weeks.
Prime Minister Kyriakos Mitsotakis used his appearance at the Thessaloniki International Fair (TIF) to deliver the most overtly pre‑election address of his premiership, unveiling a broad package of voter‑friendly measures for 2027 while setting out the political and geopolitical dilemmas he believes will shape the spring election.
DBRS kept Greece’s credit rating unchanged at ‘BBB’ on Friday while upgrading the outlook from stable to positive.
Greece’s non-seasonally adjusted quarterly unemployment rate dropped sharply in Q2, landing at 7.9 percent, from 10.6 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Prime Minister Kyriakos Mitsotakis travels to Thessaloniki this weekend for his keynote address at the Thessaloniki International Fair (TIF), seeking to reset the political narrative after the summer and with his focus on the upcoming general election, amid a mood of public frustration and a fragmented opposition landscape.