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EconomyMacroeconomy
Unemployment rate at 20.6 pct in Jan, inactive population rises Greece’s seasonally adjusted (SA) unemployment rate came to 20.6 percent in January, edging slightly down from December’s figure of 20.8 percent, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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EconomyFeatures
Greek hourly labour costs less than half of eurozone average New figures from Eurostat have shown vast discrepancies between hourly labour costs across the European Union’s member states and the eurozone in general.
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EconomyMacroeconomy Job hirings outpace departures by 55,494 in March The employment balance strengthened in March as hirings outpaced departures by 55,494, data from the Labour Ministry’s Ergani information system revealed.
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EconomyMacroeconomy
Unemployment rate falls to 21.5 pct in 2017 despite increase in Q4 The Greek non-seasonally-adjusted unemployment rate rose to 21.2 percent in the fourth quarter (Q4) of 2017, rising against the figure for Q3 of 20.2 percent, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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EconomyMacroeconomy Wages index improves by 0.2 pct in Q4, up by 2 pct YoY The seasonally adjusted (SA) Wages Index rose by 2 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, after falling by 0.7 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday.
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Economy
Athens identifies drivers for growth as it draws up strategy for next years One of the integral parts of the final review of Greece’s third programme is a growth plan that the authorities will have to agree with eurozone partners and will act as the country’s own policy compass outside the regular supervision by official creditors.
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EconomyMacroeconomy
Net job hirings balance turns positive by 16,628 in February The employment balance returned to positive ground in February as hirings outpaced departures by 16,628, data from the Labour Ministry’s Ergani information system revealed.
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EconomyMacroeconomy
Unemployment rate at 20.8 pct in Dec as employed rise by 107,687 in 2017 Greece’s seasonally adjusted (SA) unemployment rate came to 20.8 percent in December, after November’ figure was revised upward to 21 percent, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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EconomyProgramme
Fourth review begins, with Athens and creditors also focussing on post-MoU era Discussions on the fourth review began in Athens on Monday, with the Greek government and its lenders facing many issues to contend with over the coming weeks.
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EconomyFeatures
Self-employed paying less for social security contributions, Labour ministry reports Data from the Labour Ministry has shown that a higher percentage of non-salaried workers will pay a minimum monthly social security contribution this year compared to last year, though the average amount payable has declined year-on-year.