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Net job hirings hit high of 92,132 in April, driving 4-month figure to new record
EconomyMacroeconomyThe employment balance remained positive in April 2017, with net hirings rising to 92,132 from 90,631 last year, data from the Labour Ministry’s Ergani information system revealed on Tuesday.
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Details of technical agreement between Greece and lenders set out in draft sMoU
EconomyProgrammeThe updated supplemental memorandum of understanding (sMoU), which was drafted following a technical agreement between Greece and its lenders, was leaked in Handelsblatt on Monday evening.
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Greece agrees package of measures with IMF, eurozone to seal review
EconomyProgrammeGreek Finance Minister Euclid Tsakalotos emerged from talks with the institutions at around 6 a.m. on Monday to announce that there had been an agreement between the various participants.
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Unemployment rate at 23.5 pct in Jan, stable from upward revised Dec figure
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment stayed stable at 23.5 percent in January 2017 after an upward revision of the December figure, which was initially reported at 23.1 percent, Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday.
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Compromise proposal on table ahead of Friday's Eurogroup
EconomyProgrammeFollowing a meeting in Brussels on Tuesday evening between representatives from the institutions and the Greek government, a compromise agreement on the fiscal measures beyond 2018 appears to be on the table.
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Net job hirings at record high of 38,517 in March, lead to positive balance in Q1
EconomyMacroeconomyThe employment balance remained positive in March 2017, with net hirings climbing to 38,517 from 29,351 a year ago, data from the Labour Ministry’s Ergani information system showed on Wednesday.
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Athens, lenders trying to put last pieces in place for technical agreement
EconomyProgrammeWith all indications suggesting that the Greek government and the institutions are close to reaching an agreement at technical level, there has been much speculation about how several issues that were proving contentious until recently have been, or will be, resolved.
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After raising labour concerns, back to grind of talks for Tsipras
PoliticsGreek PoliticsAfter raising Greece’s concerns about labour reform at the highest level over the last few days, Prime Minister Alexis Tsipras knows that his government must return to negotiations with its lenders this week if it is going to have any chance of securing a technical agreement in time for the April 7 Eurogroup.
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Progress seen after Brussels talks but review conclusion still out of reach
PoliticsGreek PoliticsThere was no tangible outcome from the three days of talks between Greek ministers and representatives of the institutions in Brussels but there are indications that some progress was made, allowing talks to continue in the coming days.
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New Democracy in spotlight as coalition draws hope on labour reforms
PoliticsGreek PoliticsIn the absence of any tangible developments from the ongoing talks in Brussels, fringe issues have dominated the political agenda in Greece since Monday.