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Labour
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EconomyMacroeconomy
April hirings balance positive by 110,895, aggregate balance highest on record The employment balance was positive in April with 110,895 more hirings than departures, data from the Labour Ministry’s Ergani information system showed.
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EconomyProgramme
Lenders highlight risks of 'short-term popular' measures unveiled by government There has been a highly sceptical reaction from the institutions to the fiscal expansionary measures announced by the Greek government this week, including a reduction to VAT rates and a bonus for pensioners.
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EconomyFeatures
Detailed SME study shows crisis impact and business evolution The first annual survey of small and medium-sized enterprises (SMEs) carried out by the Institute of Small Business of the Hellenic Confederation of Professionals, Craftsmen and Merchants (IME GSEVEE) has illustrated the challenges faced by SMEs in recent years and called for measures to support them.
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EconomyMacroeconomy
Hirings balance positive by 43,737 in March The employment balance was positive in March with 43,373 more hirings than departures, data from the Labour Ministry’s Ergani information system showed.
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EconomyMacroeconomy
Displaying seasonal features, Feb hirings balance beats last year by 11,212 jobs The employment balance turned sharply positive in February with 27,840 more hirings than departures during the month, data from the Labour Ministry’s Ergani information system showed.
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EconomyMacroeconomy Unemployment rate inches up to 18.7 pct in Q4 The Greek non-seasonally-adjusted unemployment rate stood at 18.7 percent in the fourth quarter (Q4) of the year, edging up from the rate of 18.3 percent noted in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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EconomyMacroeconomy
Wages index up by 4.9 pct in Q4 to reach highest level since 2012 Greece’s seasonally adjusted (SA) Wages Index rose by 4.9 percent year-on-year (YoY) in the last quarter of last year, following a rise of 4.6 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures revealed on Wednesday.
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EconomyProgramme
IMF outlines areas in which Greece needs further reforms, where it should apply caution The International Monetary Fund (IMF) issued on Tuesday its first post-programme report for Greece as part of the regular monitoring cycle of assessing policies and the country’s capacity to repay the Fund.
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EconomyMacroeconomy
Hirings balance negative by 22,333 in January The employment balance turned negative in January with 22,333 more departures than hirings for the month after December’s positive balance of 5,970, data from the Labour Ministry’s Ergani information system showed.
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EconomyMacroeconomy
Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros The Labour Ministry's Computer Centre for Social Security Services (IDIKA) most recent report from the Unified System of Control and Pension Payments (ILIOS), which estimates pension payments on a monthly basis, showed that a total of 4.5 million pensions were paid in September 2018.