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EconomyProgramme
Countdown begins for multi-bill, coalition eyes minimum wage increase The countdown to the submission of the multi-bill that will aim to address many of the prior actions the government has to complete as part of the third review has begun.
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EconomyMacroeconomy
Number of private sector employees rises in 2017 but wages fall The annual data from the Labour Ministry’s information system (Ergani) detailed the figures on private sector companies and workers in 2017.
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EconomyMacroeconomy
Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years The Greek non-seasonally-adjusted unemployment rate fell to 20.2 percent in the third quarter (Q3) of 2017 from 21.1 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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EconomyMacroeconomy
Wages index improves 0.9 pct in Q3, declines 0.7 percent YoY The seasonally adjusted (SA) Wages Index recorded its first negative reading after seven months when it fell by 0.7 percent year-on-year in Q3 2017, after edging up by 0.5 percent in the previous quarter, ELSTAT figures revealed on Wednesday.
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EconomyMacroeconomy
Net job hirings balance for November turns negative by 39,221 The employment balance was negative in November for a second straight month as hirings fell short of departures by 39,221, data from the Labour Ministry’s Ergani information system revealed on Tuesday.
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EconomyMacroeconomy
Unemployment rate continues decline to 20.5 pct in September Greece’s seasonally adjusted (SA) unemployment rate fell to 20.5 percent in September after a slight upward revision of 20.7 percent in August, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
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EconomyProgramme
Strike legislation, auctions present Athens with challenges in wake of SLA Despite reaching a staff-level agreement (SLA) with its lenders a few days ago, the Greek government continues to face challenges in implementing some of the commitments it made to the institutions.
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EconomyProgramme
Athens, creditors on way to settling energy, labour issues in third review Electronic auctions are due to begin on Wednesday, with the Greek government hoping that the process runs smoothly and that an agreement with the institutions can be secured by the end of the week.
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EconomyProgramme
Institutions, Athens start new round of review talks as e-auctions get green light Talks between the institutions and the Greek government are due to resume on Tuesday with hopes of a staff-level agreement (SLA) being reached by the end of the year growing after notaries decided to end their strike so that electronic auctions can start on Wednesday.
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EconomyMacroeconomy
Net job hirings balance turns negative by 98,420 in October The employment balance turned negative in October as hirings fell short of departures by 98,420, data from the Labour Ministry’s Ergani information system revealed.