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Labour
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EconomyProgramme
Fiscal dispute dominates as Greece and lenders gear up for more talks The institutions’ mission chiefs are expected to return to Athens early this week to begin a new round of discussions with the Greek authorities on the ground, aiming clinch a staff-level agreement on the second programme review.
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EconomyMacroeconomy
Wages index rises again to reach 91 in Q3, highest since Q4 2012 The seasonally adjusted (SA) Wages Index rose for the fourth successive quarter in the third quarter (Q3) of 2016, albeit at a slower pace of 1 percent year on year (YoY) from a higher increase of 4.6 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
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EconomyMacroeconomy
Unemployment rate falls to 23.1 pct in September, lowest since March 2012 Greece’s seasonally adjusted (SA) unemployment rate edged down to 23.1 percent in September from a downward revised 23.3 percent in August, Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday.
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EconomyProgramme
What Greece’s draft agreement with lenders foresees on labour and pension reforms Labour market reforms have proved one of the most complex issues in the second programme review, as was evident from the negotiations between Greece and its lenders so far as well as the December 5 Eurogroup statement.
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EconomyProgramme
Greece heads to Eurogroup facing uncertain outcome Ahead of the Eurogroup due to start in Brussels on Monday at 3 pm local time, another teleconference was held between the Greek ministers and the institutions’ mission chiefs on Saturday evening.
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EconomyProgramme
The key elements of the draft agreement between Greece and lenders During the second round of meetings between the institutions’ mission chiefs and the Greek government, a draft supplemental memorandum of understanding (sMoU) was prepared.
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EconomyProgramme
Pieces of review puzzle yet to fall into place ahead of Eurogroup Although progress is being made on ongoing discussions between the Greek government and the institutions, an agreement has not been clinched as the various sides have yet to converge on several key issues.
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EconomyProgramme
Having failed to resolve differences, Greece and lenders enter new week of talks Ahead of the Eurogroup Working Group due to convene on Monday, the Greek authorities held a teleconference on Saturday afternoon with the institutions’ mission chiefs on the second programme review.
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Society
Three-quarters of Greek workforce struggles to make ends meet Just over three-quarters of the Greek workforce says it struggles to make ends meet, a rate more than double the EU average, according to a report by Eurofound, an EU agency that studies living and working conditions.
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EconomyProgramme
Second round of review talks concludes without breakthrough on labour reforms Despite lengthy meetings that started on Monday morning and continued overnight until 5.30 am on Tuesday, Greek officials and institutions mission chiefs did not clinch an agreement on the key issues of the second programme review.