Greek stocks edge down 0.6 pct ending three-week rally
Stocks up by 4.7 pct, rising for third straight week
Buoyed by review deal, stocks surge 5.9 pct for second straight weekly rise
Stocks climb 6 pct during week, propelled by 16.6 pct surge by banks
HRADF declares international consortium highest bidder for 67 pct stake in Thessaloniki Port
Stocks record losses of 1.8 pct during week, amid light trading volumes
IMF sets out key priorities for Greece, including labour market flexibility
In its staff report for the 2016 article IV consultation on euro area policies released on Friday, the International Monetary Fund highlighted labour market flexibility, strengthening competition and improving business environment as the key reform priorities for Greece.
With regard to the labour market, the IMF recommends that reforms need to be preserved and further expanded. It makes special mention of the minimum wage, which it argues stands at the high end in the eurozone when measured on a GDP per capita basis.
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