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ELSTAT

Unemployment in Greece Rises 23.6% in Fourth Quarter

Greece’s jobless rate increased 23.6 percent in October-to-December from 22.6 percent in the third quarter, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. The increase in unemployment rates is attributed to the fact that many people who work...

Greek GDP Unchanged in 2016

Gross domestic product in Greece remained unchanged in 2016, totaling 184.5 billion euros in terms of volume, according to figures released by the independent statistics agency on Wednesday. The Hellenic Statistical Authority (ELSTAT), in its provisional report on annual national...

Government Spokesman Denies Falling Out With Tsakalotos

In a tweet posted on Wednesday, government spokesman Dimitris Tzanakopoulos dismissed press reports claiming that he had a falling out with Finance Minister Euclid Tsakalotos. "After the failed 'Tsipras vs Tsakalotos' it seems that we are going on to the...

Car Sales in Greece Increased 43.1% in February

Car sales in Greece increased by 43.1% in February compared to the same month in 2016, according to the Hellenic Statistical Authority (ELSTAT). Specifically, 10,006 vehicles, new and used from abroad, were sold, compared to 6,990 sales in February 2016....

Greek Economy Declines 1.1% in Fourth Quarter

The Greek economy showed a significant drop of 1.1% compared to the same quarter in 2015, according to the Hellenic Statistical Authority (ELSTAT). Although preliminary estimates for the last three months of 2016 spoke for 0.3% growth, the ELSTAT figures...

Labour Ministry Amendment to Correct Problem with Index for Calculating Pensions

Greece's labour ministry on Friday tabled a last-minute amendment that aims to correct a problem that has arisen with the formula for calculating pensions, following an announcement by Greece's statistical agency ELSTAT earlier in the day that it lacked...

Greeks Over 45 Face Financial Deadlock

The unemployment rate among Greeks 45 and over is increasing steadily, with almost one in three unemployed belonging in the 45-64 age group, when in 2009 there were only one in five.  According to the Hellenic Statistical Authority (ELSTAT), out...

ELSTAT: Final Data on 2016 Primary Surplus Will be Published in April

The final reading on the primary surplus of 2016 will be published in April, the president of Greece’s statistics office ELSTAT, Thanasis Thanopoulos said on Wednesday, during a briefing of a parliament committee on the execution of the budget...

Greece's Economy Contracts 0.4% in Fourth Quarter

Greece's economy contracted in the fourth quarter of 2016, according to a Hellenic Statistical Authority (ELSTAT) report released on Tuesday. Gross domestic product declined 0.4 percent in the October-November period, compared to the previous quarter. However, it grew 0.3 percent in...

Amendment Legislating Free School Meals Tabled in Parliament

An amendment legislating for the "School Meals" program was tabled in Parliament on Tuesday, as part of a government drive to combat child poverty and food insecurity in school children. The program also aims to promote child welfare through...