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First round of second review discussions concludes on Thursday
EconomyProgrammeThe 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
EconomyProgrammeOfficial 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
EconomyMacroeconomyThe 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
PoliticsGreek PoliticsIn 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
EconomyProgrammeThe 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
EconomyMacroeconomyGreece’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
EconomyProgrammeThe 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.
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Record low net job balance in Aug but 8-month figure highest since 2001
EconomyThe employment balance remained negative in August, when net departures rose to 16,128 in August 2016 from just 441 last year, the Labour Ministry’s information system (Ergani) data displayed on Tuesday.
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After talks with lenders, Greece returns to list of tasks to secure next bailout payment
EconomyProgrammeThe 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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Unemployment rate falls to 23.1 pct in second quarter, lowest since Q2 2012
EconomyMacroeconomyThe 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.