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EconomyProgramme
IMF cool on growth, urges greater effort on bank, fiscal and labour reforms The International Monetary Fund (IMF) issued on Friday its latest Article IV consultation report for Greece and its assessment of the condition and prospects of the Greek economy.
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EconomyMacroeconomy
September employment balance stays positive by 2,651 The employment balance stayed positive in September with 2,651 more hirings than firings, data from the Labour Ministry’s Ergani information system showed.
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PoliticsGreek Politics
Mitsotakis brushes off latest strike, opposition sides with protesters The government shrugged off Wednesday’s strike – the second in as many weeks – as the action of a small group of unionists rather than a larger protest against its proposed labour reforms.
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PoliticsGreek Politics
Strikes greet labour measures A raft of interventions in the labour market by the New Democracy government have brought criticism from the opposition and widespread strike action across the public sector.
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EconomyMacroeconomy
Wages index up by 2.2 pct in Q2 for ninth straight increase Greece’s seasonally adjusted (SA) Wages Index rose by 2.2 percent year-on-year (YoY) in the second quarter (Q2) of 2019, following an increase of 1.8 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures revealed on Wednesday.
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EconomyMacroeconomy
August employment balance positive by 3,111 The employment balance turned positive in August with 3,111 more hirings than firings, data from the Labour Ministry’s Ergani information system showed.
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PoliticsGreek Politics
Last-minute labour amendment, university asylum law fuel political row as third bill passes The last of the three government bills due to be adopted before Parliament’s summer recess begins was adopted on Thursday amid much acrimony.
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EconomyMacroeconomy
July employment balance turns negative by 14,691 after five straight months of positive data The employment balance turned negative in July with 14,691 more firings than hirings, data from the Labour Ministry’s Ergani information system showed.
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EconomyMacroeconomy
June employment balance positive by 31,407 The employment balance was positive in June with 31,407 more hirings than departures, data from the Labour Ministry’s Ergani information system showed.
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EconomyMacroeconomy
EFKA fund data shows 30 pct in part-time jobs earning less than 400 euros on average The Unified Social Security Fund’s (EFKA) latest employment data as of December 2018 has shown that around one in three employees earn a gross monthly wage of a little over 390 euros.