Economy
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF sets out its stall as review deliberations resume in Athens
Following the statements made during a regular press briefing by the IMF spokesman Gerry Rice last Thursday ahead of the resumption of discussions between the institutions’ mission chiefs in Athens, the IMF sent a very strong message regarding the Greek programme on Monday evening.
Job departures at 37,667 in Nov, 11-month net hirings highest since 2001
The employment balance stayed negative in November 2016 with net departures rising to 37,667 from 24,674 in the corresponding period last year, data from the Labour Ministry’s Ergani information system showed on Monday.
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.
Greek stocks climb 4.3 pct on week, banks’ strong performance continues
The Greek stock market rebounded strongly by 4.3 percent this week mainly led by solid gains in banks, also accompanied by an increase in trading activity.
Industrial production rebounds by 6.8 pct in October
The Greek Industrial Production Index (IPI) rebounded by 6.8 percent in October after a marginal rise of 0.1 percent in the previous two months, Hellenic Statistical Authority (ELSTAT) data displayed on Friday.
CPI falls at faster pace of 0.9 pct in November
Τhe Greek Consumer Price Index (CPI) dropped at a sharper pace of 0.9 percent in November, after a decrease of 0.5 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
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.
New overdue taxes climb by 1.4 bln in October, total stock reaches 93.9 bln
Greece’s new tax debt increased by 1.4 billion in October after a broadly similar rise of 1.35 billion in September, the General Secretariat of Public Revenues (GSPR) data revealed on Thursday evening. It is highlighted that new overdue taxes stand above the 1.3-billion mark for the third straight month.
Car sales keep their rising trend, up 18.4 pct in November
Road motor vehicles (going into circulation for the first time) rose at a slightly slower pace by 18.4 percent in November, after an increase of 20 percent in October, Hellenic Statistical Authority (ELSTAT) data displayed on Thursday.
Trade deficit drops at an accelerating pace of 16.1 pct in October
Greece’s trade deficit fell for the second straight month by 16.1 percent in October, after a drop of 12.1 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.