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Labour
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Job hirings at record high of 24,938 in Feb, negative employment balance for year-to-date
The employment balance remained positive in February 2017 with net hirings soaring to 24,938 from 14,437 last year, data from the Labour Ministry’s Ergani information system revealed on Thursday.
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Unemployment rate stable for third month at 23.1 pct in Dec
Greece’s seasonally adjusted (SA) unemployment remained stable at 23.1 percent in December, following revisions of the previous two months’ data, Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday.
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Greece, lenders tie up some loose ends and continue negotiating
Further progress was made during meetings between the Greek government and the institutions’ mission chiefs on Wednesday, with Finance Ministry sources saying that the out-of-court workout issue has been settled.
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Athens sees faster pace of progress in review talks but no final deal yet
Following the small progress made during Monday’s talks, Greek government sources appeared more optimistic after Tuesday’s meetings noting that a “quite large agreement” has been reached on many issues.
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Round of talks nearing end with limited progress, serious doubts about March 20 goal
Following a series of inconclusive meetings over the previous days, some progress was apparently recorded during discussions between Greek ministers and the institutions’ mission chiefs on Monday evening.
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Greece, lenders fail to make headway on fiscal and labour issues
Despite two meetings over the weekend on fiscal and labour market issues, the Greek government and the institutions’ mission chiefs were unable to bridge their differences, creating more doubts about when an agreement may be reached.
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Review talks focus on out-of-court workout, jobs scheme and energy market
The third day of discussions between the institutions’ mission chiefs and the Greek authorities included two meetings that focused on the out-of-court workout and active employment policies.
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Greece and creditors dive into details of measures and counter-measures
The second day of negotiations between the Greek government and the institutions’ mission chiefs included a lengthy (4-hour) meeting on the measures and counter-measures that will be legislated now and implemented until 2020.
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Job departures hit 17-year high of 29,817 in January
The employment balance stayed negative in January 2017, with net departures climbing to 29,817 from 9,954 a year ago, data from the Labour Ministry’s Ergani information system revealed on Tuesday.
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Eurogroup agrees return of mission to Athens but key issues unresolved
Monday’s Eurogroup culminated in an agreement for the institutions to return to Athens in the coming days, which was probably the most positive development that could have been expected at the start of the day but also leaves a lot of ground to be covered in the coming weeks.