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Unemployment
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EconomyMacroeconomy
OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief In its latest Economic Outlook report the OECD notes that the Greek economy is starting to recover and its fiscal target has been surpassed, but that the structural reform process has been uneven.
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Society
Survey shows 42 pct of Greek expats unlikely to return New research by ICAP People Solutions has shed light on why young Greeks have left the country in droves since the crisis began.
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EconomyProgramme
Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year The government tabled in Parliament on Saturday night the Medium-Term Fiscal Strategy (MTFS) for 2018-2021 as the last article in the 275-page multi-bill containing the measures needed for the conclusion of the second programme review.
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EconomyMacroeconomy
Unemployment rate slips to 23.2 pct in Feb, lowest for last five years Greece’s seasonally adjusted (SA) unemployment edged down to 23.2 percent in February from a downward revised rate of 23.3 percent in January, Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday.
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EconomyMacroeconomy
EC lowers growth forecasts, sees fiscal targets within reach The recovery of the Greek economy is expected to restart this year, largely on the back of improving consumer and investor sentiment, the European Commission (EC) noted in its spring economic forecasts published on Thursday.
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EconomyMacroeconomy
Net job hirings hit high of 92,132 in April, driving 4-month figure to new record The 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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EconomyMacroeconomy
IMF downgrades Greek GDP and unemployment forecasts The publication of the International Monetary Fund’s World Economic Outlook (WEO) on Tuesday revealed worse estimates for the Greek economy compared to the upbeat set of forecasts included in its previous forecasts, which were released early last October.
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EconomyMacroeconomy
Unemployment rate at 23.5 pct in Jan, stable from upward revised Dec figure Greece’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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EconomyMacroeconomy
Net job hirings at record high of 38,517 in March, lead to positive balance in Q1 The 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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EconomyMacroeconomy
Unemployment rate up to 23.6 pct in Q4, down to 23.5 for 2016 The Greek non-seasonally-adjusted unemployment rate increased to 23.6 percent in the fourth quarter (Q4) of 2016 from 22.6 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.