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EU Commission Revises 2017 Greek Economic Growth Downwards at 1.6%

At its latest economic forecast for Greece, the European Commission revised its estimate for the country's 2017 economic growth from 1.8% to 1.6%. This is...

German Magazine: The “Working Poor” of Greece Earn €376 a Month

Unemployment in Greece is more than double the EU average and about one-third of the country's workforce earn an average of 376 euros per...

Despite Government Boasting Over Growth, Greeks Get Poorer, Businesses Keep Shutting Down

Greek Prime Minister Alexis Tsipras is packing his bags to leave for the United States for an official meeting with President Donald Trump. With him...

Greek Federation of Enterprises Urges for New Investment Policy Mix

The government and the institutions must negotiate a new mixture of investment-friendly policy, during the third review of the Greek programme, aimed at reducing...

Unemployment in Greece Slides to 21.1% in Second Quarter

The jobless rate in Greece dropped to 21.1 percent in April-to-June from 23.3 percent in the first quarter, according to a Hellenic Statistical Authority...

Greek Unemployment Eases to 21.2 pct, Still Highest in Eurozone

The Greek unemployment rate eased to 21.2 pct in June from 21.5 pct in May and 23.5 pct in June 2016, the Hellenic Statistical...

Greek Unemployment Rate Drops Slightly to 21.7% in May

The unemployment rate in Greece recorded a slight drop to 21.7% in May from 21.8% in April, Eurostat said in a report released on...

Slight Drop in Greece’s Unemployment Rate in May

Greece’s statistics agency ELSTAT announced on Thursday that the unemployment rate dropped slightly to 21.7% in May, from an upwardly revised 21.8% in the...

Eurostat: Greek Unemployment Rate Eased to 21.7% in April

The Greek unemployment rate eased to 21.7 pct in April from 22 pct in March, Eurostat said in a report released here on Monday. In...

Lower Wages and Part Time Work Bring Down Unemployment Figures in Greece

A total 150,000 new jobs in the past three years have brought down the unemployment rate, but this is contributed to lower wages and...

Half of Greeks Between 18-35 Financially Supported by Family

Almost half of young Greeks say that they are financially dependent on their parents or other close relatives, while only 15% expect to find...

Tsipras Hails Drop In Unemployment Sees Increase in Wages

Greek Prime Minister Alexis Tsipras hailed the fall in unemployment figures, describing it as the most positive news of the last years. Visiting the Labor...

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