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Greek teachers low paid, but work shorter hours in smaller classes
Society’s primary teachers are aged 50 and over while less than 1 percent are under 30. Only Italy had
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Industrial production back on downward trajectory with 1.9 pct drop in Oct
EconomyMacroeconomy) and intermediate goods (-1 percent). Consumer non-durables was the only grouping displaying a marginal rise
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Building activity down by 3.5 pct in Sept for third straight fall
EconomyMacroeconomypercent in 2015, 5 percent and 1 percent in 2017 under the baseline stress test scenario. Housing
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Gov't hopes deal with lenders on prior actions will prove politically palatable
PoliticsGreek PoliticsGreece and its lenders have reached an agreement on the details of the 13 prior actions the government will have to pass to trigger the release of another 1 billion euros in bailout funds. There was a compromise between the coalition and the institutions on the most politically sensitive issues
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Multi-bill tabled in Parliament, paves way for sale of NPLs
EconomyProgrammeThe government tabled in Parliament on Saturday evening the multi-bill containing the prior actions demanded by the institutions for the disbursement of the next sub-tranche of 1 billion euros. The draft legislation does not include the privatisation of the electricity transmission company ADMIE
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Deflated SYRIZA shuns broader political cooperation for now
PoliticsGreek Politicsinstalment of 1 billion euros. Given that the talks had concluded and sensitive issues such as pension
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Marked rise in expenditure leads to a budget primary deficit in Nov
Economyfar this year, and stands almost 1 billion above the monthly target. As a result, the year to date
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Unemployment rate fell further to 24 pct in Q3 on seasonally increased employment
EconomyMacroeconomyof ‘long-term’ (more than 1 year) unemployed remained well below the 900,000-mark for the second quarter
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Primary cash surplus notably widens by 1.9 bln to 4.48 bln by November
EconomyMacroeconomymillion from deficit of 1 billion last year.
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Last round of Greek banks' recapitalisation drastically shifts shareholder structures
Economycurrent price stands slightly above (+1 percent) offer price, while Piraeus’ stock is marginally
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