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Labour
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PoliticsGreek Politics
Slow pace of civil service evaluation, Hellenikon deal add to review agenda Several areas of potential tension between the government and Greece’s lenders have emerged ahead of the third review.
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PoliticsGreek Politics
Athens readies labour legislation, but not to cross off prior actions After a brief summer break, the Greek government is preparing to resume legislative activity, although its next move will not be linked to dozens of bailout commitments that are still pending.
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EconomyMacroeconomy
Unemployment at 21.7 pct in May after revised April figure Greece’s seasonally adjusted (SA) unemployment edged down to 21.7 percent in May from an upwardly revised rate of 21.8 percent in April, the Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday.
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EconomyMacroeconomy
Net job hirings slow to 7,242 in July, lowest since January The employment balance remained in positive territory in July, although net hirings dropped by around 12,039 to 7,242 from 19,281 a year ago data from the Labour Ministry’s Ergani information system revealed on Monday.
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EconomyProgramme
IMF approves programme "in principle," repeats position on debt and reforms In the early hours of Friday morning in Greece, the International Monetary Fund’s executive board approved “in principle” at a meeting in Washington a precautionary Stand-By-Arrangement (SBA) for Greece of approximately 1.6 billion euros.
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PoliticsGreek Politics
Athens holds off on bond as Tsipras talks up labour market The process for Greece to return to the international bond markets did not begin on Monday, despite some of the local media predicting in the previous days that this would be the case.
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EconomyMacroeconomy
Net job hirings reach 40,599 in six-month The employment balance stayed positive in June 2017 with net hirings climbing by around 40,599 from 33,608 a year ago, data from the Labour Ministry’s Ergani information system revealed on Friday.
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EconomyMacroeconomy
Unemployment rate falls to 21.7 pct in April, lowest since Jan 2012 Greece’s seasonally adjusted (SA) unemployment declined to 21.7 percent in April from a downwardly revised rate of 22 percent in March, the Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday.
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EconomyMacroeconomy
Unemployment rate edges down to 23.3 pct in Q1 The non-seasonally-adjusted unemployment rate fell to 23.3 percent in Q1 of 2017 from 23.6 percent in the previous quarter, ELSTAT figures showed on Thursday.
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EconomyMacroeconomy
Wages index improves 1 pct in Q1 but falls QoQ for second straight quarter The seasonally adjusted (SA) Wages Index rebounded for the sixth successive quarter by 1 percent year on year (YoY) in the first quarter (Q1) of 2017 after edging up by 0.2 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures revealed on Friday.