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Unemployment rate edges up to 23.4 pct in August
Greece’s seasonally adjusted (SA) unemployment rate increased to 23.4 percent in August from an upward revised 23.3 percent in July, the Hellenic Statistical Authority (ELSTAT) labour force survey displayed on Thursday.
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Report reveals institutions’ views on labour market reforms
The quarterly report of the Parliamentary Budget Office (PBO) published on Monday revealed the key points that the institutions are focussing on as part of the negotiations on labour market reforms.
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Some progress in first round of talks but most second review issues remain unresolved
Following the first round of discussions on the second programme review, which began on October 21 and concluded last Thursday, Finance Ministry sources claimed significant progress was made on most issues.
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First round of second review discussions concludes on Thursday
The first round of discussions between the Greek government and the institutions’ mission chiefs on the second programme review lasted one week and concludes on Thursday.
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After first talks in Athens, Greece and lenders aim for swift progress on second review
Official discussions between the Greek authorities and the institution mission chiefs on the second programme review began on Friday and are due to continue this week.
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Net job hirings of 7,788 in September; highest 9-month figure since 2001
The employment balance turned positive in September, with net hirings standing at 7,788, up from the net departures of 13,003 in the corresponding period last year, data from the Labour Ministry’s Ergani information system showed on Wednesday.
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Greek government faces hard labour dilemma
In the 14 months since signing Greece’s third bailout, Prime Minister Alexis Tsipras has stuck to a punishing schedule of unpopular changes.
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Greece gears up for second review, faces wide-ranging reform to-do list
The government is expected to start negotiations with the institutions on the second programme review early this week.
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Unemployment rate falls for second straight month, reaching 23.2 pct in July
Greece’s seasonally adjusted (SA) unemployment rate dropped for the second successive month in July, when it fell to 23.2 percent from 23.4 percent in June, the Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday.
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Wise men proposals on labour market reforms give Ministry bargaining basis with lenders
The Labour Ministry published on Friday the recommendations of the international committee of experts’ report on labour issues. These include the committee’s conclusions on trade unions, mass layoffs, minimum wage and collective bargaining.