Turning to the most recent developments, following the Eurogroup of 20th March, the Greek authorities and the institutions have intensified talks on outstanding issues to reach a staff level agreement as quickly as possible.
The rise in the overall employment rate in the euro area over the last ten years has been mainly due to an increase in the female and older workers employment rates, partly driven by the progress made by structural reforms in some European countries. This improvement in the employment situation is also reflected in the contribution of workers to economic growth.