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Labour
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EconomyMacroeconomy
Special ELSTAT report reveals dramatic changes in labour market since 1980s The drastic changes in the Greek labour market were depicted in a special report released by the Hellenic Statistical Authority (ELSTAT) on Friday, which showed the evolution of a number of important features from 1981 until 2015.
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EconomyMacroeconomy
Unemployment rate stable at 23 pct in November Greece’s seasonally adjusted (SA) unemployment stayed stable at 23 percent in November, Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday.
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PoliticsGreek Politics
Athens gears up for deal with lenders, pending news from IMF All eyes in Athens are on Monday’s meeting of the International Monetary Fund’s executive board, although there are few expectations that it will result in a clear-cut decision regarding the IMF’s future role in the Greek programme.
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EconomyMacroeconomy
Higher number of firms and employees, increased average wage in private sector in 2016 The Labour Ministry published on Thursday the annual figures of its information system (Ergani) providing detailed figures on companies and workers with employment governed by private law for 2016.
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Legal
EU court ruling leaves margin for change to collective redundancy law A legal issue that has, for obvious reasons, major political significance arose after a request by the Greek Council of State to the CJEU for a preliminary judgment.
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EconomyMacroeconomy
Job hirings of 11,132 in Dec; 2016 net hirings at record high since 2001 The employment balance remained positive in December 2016, with net hirings increasing to 11,132 from 7,826 a year ago, data from the Labour Ministry’s Ergani information system showed on Friday.
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EconomyMacroeconomy
Unemployment rate edges down to 23 pct in October, lowest in 4.5 years Greece’s seasonally adjusted (SA) unemployment rate eased for the second straight month to 23 percent in October from 23.1 percent in September, Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday.
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PoliticsGreek Politics
Tsipras mixes rhetoric as review conclusion demands political decisions Prime Minister Alexis Tsipras continued to issue mixed messages on Wednesday: On the one hand, he defended his decision on the pension bonus despite his government frantic efforts to avoid this delaying short term debt relief, while on the other he insisted that the review could be concluded by the end of January and that talk of snap elections is “nonsense.”
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EconomyMacroeconomy
Unemployment rate drops again in Q3, reaching 22.6 pct The Greek non-seasonally-adjusted unemployment rate fell again in the third quarter (Q3) of 2016 to 22.6 percent from 23.1 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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EconomyProgramme![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF sets out its stall as review deliberations resume in Athens Following the statements made during a regular press briefing by the IMF spokesman Gerry Rice last Thursday ahead of the resumption of discussions between the institutions’ mission chiefs in Athens, the IMF sent a very strong message regarding the Greek programme on Monday evening.