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Eurostat

Eurostat: Greek Unemployment Eases to 24.6% in November 2015

The Greek unemployment rate eased to 24.6% of the workforce in November 2015, slightly from 24.7% in October, Eurostat announced on Tuesday. In a report released in Brussels, the EU executive's statistic service said the unemployment rate in the Eurozone...

Unemployment Rate Remains Stable in Cyprus

The Euro area unemployment rate fell to 10.4% in December 2015, down from 10.5% in November 2015, and from 11.4% in December 2014. This is the lowest rate recorded in the Euro area since September 2011, according to figures...

Germany and IMF Pile Pressure on Greece to Adopt Tougher Pension Rules

Germany and the IMF appear to be unhappy with the Greek government’s pension reform plan, but details are still fuzzy. Greek Prime Minister Alexis Tsipras had been asked by Greece’s international creditors at the height of the crisis last summer...

Eurostat‏: Tax Revenue at 39% of GDP in Greece

Tax revenue, including social contributions, stood at 39% of GDP in Greece in 2014, up from 33.5% in 2010 and 38.3% in 2013, Eurostat said. The European Union statistical office reported that the ratio of tax revenue and social contributions to...

Greece Among the 16 Best Countries to Find a Job

High levels of employment and the creation of new job positions are vital factors for economic development and for the welfare and happiness of citizens in every country. Glassdoor, an American website where employees and former employees anonymously review companies...

Greek Unemployment Eased to 24.6% in September

Greek unemployment rate eased to 24.6% in September, slightly down compared to 24.7% in August but 1.5% down compared to September 2014 (26.1%), Eurostat said on Thursday. EU's statistical office said in a monthly report that the Greek unemployment rate remained the...

Significant Discrepancy Between Greek and European Third Quarter GDP Revealed by Eurostat

Eurostat released its second estimate for the European Union and the Eurozone's economic performance for the third quarter of 2015, in which Greece's downturn stands out. While the Eurozone grew by 0.3% from the second quarter of 2015, and the...

German Newspaper: Greece Is a Country of the Jobless and Pensioners

Greece is a country of unemployed people and pensioners, as only one in three Greeks is an active member in the economy, says a Tagesspiegel report. The German newspaper says that there is no light at the end of the...

Four in Ten Greeks Spend Twice the EU Average in Housing Costs

Four in 10 Greeks spend twice as much as the average European Union household on housing costs, according to a Eurostat survey. More specifically, four in 10 Greeks spend more than 40 percent of their disposable income on housing costs,...

Food Prices in Greece Show Highest Increase Among EU 28

Despite the economic crisis, Greece shows the highest rise in food prices among the European Union's 28 member states, according to Eurostat. Figures released by the EU statistical authority show that food prices went up 2.9 percent compared to July,...