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Fourth review begins, with Athens and creditors also focussing on post-MoU era
EconomyProgrammeDiscussions on the fourth review began in Athens on Monday, with the Greek government and its lenders facing many issues to contend with over the coming weeks.
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Self-employed paying less for social security contributions, Labour ministry reports
EconomyFeaturesData from the Labour Ministry has shown that a higher percentage of non-salaried workers will pay a minimum monthly social security contribution this year compared to last year, though the average amount payable has declined year-on-year.
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Net job hirings balance negative by 16,542 in January
EconomyMacroeconomyThe employment balance turned negative in January as departures outpaced hirings by 16,542 for the first month of 2018, data from the Labour Ministry’s Ergani information system revealed.
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Three in 10 workers in part-time jobs, earning less than 400 euros
SocietyFigures from the Unified Social Security Fund (EFKA) have revealed that around 30 percent of all paid employment falls under part-time work, with corresponding salaries remaining low.
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Spending on pensions down by 30.9 mln in December
EconomyMacroeconomyThe Labour Ministry's Computer Centre for Social Security Services (IDIKA) published recently a report from the Unified System of Control and Pension Payments (ILIOS), which estimates pension payments on a monthly basis.
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Unemployment rate at 20.9 pct in November, slight upward revision for October
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 20.9 percent in November after October’s figure was revised upward to 20.9 percent, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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Net job hirings balance positive by 15,315 in December
EconomyMacroeconomyThe employment balance returned to positive territory in December as hirings outpaced departures by 15,315, data from the Labour Ministry’s Ergani information system revealed on Monday.
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Unemployment rate at 20.7 pct in October, previous month revised upwards
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 20.7 percent in October after the upward revision of September’s figure to 20.8 percent, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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Countdown begins for multi-bill, coalition eyes minimum wage increase
EconomyProgrammeThe countdown to the submission of the multi-bill that will aim to address many of the prior actions the government has to complete as part of the third review has begun.
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Number of private sector employees rises in 2017 but wages fall
EconomyMacroeconomyThe annual data from the Labour Ministry’s information system (Ergani) detailed the figures on private sector companies and workers in 2017.