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Labour
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EconomyProgramme
Lenders also require health and labour market reforms from gov't in next months While the attention regarding the key deliverables outlined in the third memorandum of understanding (MoU) has fallen on the areas of fiscal policy, pension reform, energy market and privatisation, there are a series of measures that have to be implemented that relate to health care and the labour market.
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EconomyProgramme
No time for Tsipras to celebrate as long list of tasks means pressure is on from start The new coalition government to be sworn in on Tuesday after Sunday’s snap elections has a series of challenges ahead of it, most of which stem from the commitments and deliverables outlined in the third bailout programme signed a month ago.
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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 eases to 24.6 pct in Q2 as number of employed jumps After increasing in the preceding two quarters, the non-seasonally-adjusted unemployment rate fell by two percentage points (pp) to 24.6 percent in the second quarter (Q2) of 2015 from 26.6 percent in Q1, the Hellenic Statistical Authority (ELSTAT) data displayed on Thursday.
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EconomyMacroeconomy
Unemployment rate edged up to 25.2 pct in June Greece’s seasonally adjusted (SA) unemployment rate edged up to 25.2 percent in June from 25 percent in May, the Hellenic Statistical Agency (ELSTAT) said on Thursday. The June headline figure indicates the second lowest reading in the course of 2015.
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Society
Labour cost fall has not produced jobs, bemoans GSEE in study The significant fall in labour costs since the onset of the crisis has not led to a corresponding fall in prices and a boost in employment and competitiveness, defying conventional theories of internal devaluation, according to Greece’s private sector trade union.
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EconomyMacroeconomy
Unemployment rate fell to 25 pct in May, its lowest level in the last three years Greece’s seasonally adjusted (SA) unemployment rate fell for the second straight month in May, when it dropped to 25 percent in May from 25.6 percent in April, according to the Hellenic Statistical Agency (ELSTAT).
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EconomyMacroeconomy Unemployment rate slips to 25.6 pct in April, lowest since July 2012 Following an upward revision of Greece’s seasonally adjusted (SA) unemployment rate to 25.8 percent in March, the jobless rate eased to 25.6 percent in April, according to the Hellenic Statistical Agency (ELSTAT). Along August 2012 reading, the April headline figure indicates the lowest reading since July 2012.
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EconomyProgramme
Greek government's proposals to bridge gap with lenders appear to fall short Along with the letter sent by the Greek Prime Minister Alexis Tsipras yesterday requesting a new 2-year loan from the ESM and extension of the second bailout programme for a short period, the government sent also a 2-page letter to the heads of the institutions.
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EconomyMacroeconomy
Unemployment edges up for second consecutive quarter in Q1, reaches 26.6 pct The non-seasonally-adjusted unemployment rate continued heading north for the second successive quarter to 26.6 percent in the first quarter (Q1) of 2015 from 26.1 in Q4 2014, according to the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Unemployment unchanged at 25.6 pct in Mar but number of employed still falling Greece’s seasonally adjusted (SA) unemployment rate remained unchanged at 25.6 percent in March, following the upward revision of Ferbuary’s figure, according to the Hellenic Statistical Agency (ELSTAT).