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Labour
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EconomyProgramme
After talks with lenders, Greece returns to list of tasks to secure next bailout payment The discussions between the Greek government and the institutions that resumed last Monday concluded, as had been scheduled, on Friday and have left Athens with numerous matters to take care of in the coming days.
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EconomyMacroeconomy![en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/10/10/unemployment_1000_myrto_1010-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Unemployment rate falls to 23.1 pct in second quarter, lowest since Q2 2012 The Greek non-seasonally adjusted unemployment rate edged down to 23.1 percent in the second quarter (Q2) of 2016 from 24.9 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures displayed on Thursday.
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EconomyMacroeconomy
Unemployment rate edges down to 23.4 pct in June, lowest since March 2012 Greece’s seasonally adjusted (SA) unemployment rate edged down to 23.4 percent in June following an upwards revised rate of 23.6 percent in May, Hellenic Statistical Authority (ELSTAT) labour force survey displayed on Thursday.
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EconomyMacroeconomy
Net job hirings rise again, reaching 19,281 in July - highest since 2001 The employment balance was kept positive for the sixth successive month with net hirings reaching 19,281 in July 2016 from net departures of 16,658 a year ago, the Labour Ministry’s information system (Ergani) data showed on Thursday.
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EconomyMacroeconomy Unemployment rate stable at 23.5 pct in May after upward revision for April Greece’s seasonally adjusted (SA) unemployment rate remained stable at 23.5 percent in May after the April figure, initially reported at 23.3 percent, was increased to the same figure, the Hellenic Statistical Authority’s (ELSTAT) labour force survey showed on Thursday.
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EconomyMacroeconomy
Net job hirings hit 33,608 in June, highest since 2001 The employment balance remained positive for the fifth straight month showing net hirings of 33,608 in June 2016, up by 25,018 compared to the corresponding period last year, the Labour Ministry’s information system (Ergani) data displayed on Friday.
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EconomyProgramme
Lenders flag up minimum wage, trade union law among issues to be examined in next review In a 21-page report that was submitted by the institutions to the Labour Minister Giorgos Katrougalos at the end of June and was leaked by Greek daily Eleftheros Typos on Sunday, the country’s lenders detail their proposals on the labour market reforms, which would form the base of discussions in the context of the second programme review.
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Economy![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 key priorities for Greece, including labour market flexibility In its staff report for the 2016 article IV consultation on euro area policies released on Friday, the International Monetary Fund highlighted labour market flexibility, strengthening competition and improving business environment as the key reform priorities for Greece.
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EconomyMacroeconomy
Unemployment rate falls again, reaching 23.3 pct in April - lowest since March 2012 Greece’s seasonally adjusted (SA) unemployment rate fell for the third straight month in April, when it declined to 23.3 percent from a downward revised 23.7 percent in March, Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday.
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PoliticsGreek Politics
Coalition wants next review to be swift despite labour reform complications The Greek government sought on Wednesday to allay fears about the next programme review being drawn out over a long period of time despite the fact that Athens seems prepared to stand its ground over some of the reforms being demanded by the institutions.