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Greece

Cypriots New European Champions in Getting Married

Marriage is a serious, life-long commitment, and thus the decision to get married is never an easy one, right? Well, not necessarily, when we are talking about Cypriots! According to the latest figures published recently by Eurostat, the European Union's statistics...

Greek Prosecutor Says Former Statistics Chief Should Not Face Trial

Greek Prosecutor Ioannis Koutras said on Friday that there was no evidence to implicate Andreas Georgiou, the former International Monetary Fund (IMF) economist that later headed the Hellenic Statistical Authority (ELSTAT). Finding no proof that the official had tampered...

Greek Statistics Authority Lowers Primary Surplus

The Hellenic Statistical Authority (ELSTAT) announced a lower 2015 primary surplus and higher debt than the one initial figures had indicated in data released for the second Excessive Deficit Procedure (EDP) notification of 2016. These figures have been passed...

Eurostat: Greece Is Still the Unemployment 'Champ' of the European Union

Eurostat, the EU statistics authority, reports that the euro area (EA19) seasonally adjusted unemployment rate was 10.1 percent in August 2016, stable compared to July 2016 and down from 10.7 percent in August 2015. This remains the lowest rate...

EC Backs Former Greek Statistics Chief as ELSTAT Scandal Heads to Eurogroup

EU Economics Commissioner Pierre Moscovici met with Greek Finance Minister Euclid Tsakalotos in Brussels on Monday. In their first meeting since July, the two officials did not discuss the prosecution of former Hellenic Statistical Authority (ELSTAT) Chief Andreas Georgiou...

Quality of Life Improving for Athenians

A recent survey from Eurostat, the European Statistics Authority, shows how Europeans in major cities feel about their their quality of life. There is some surprising good news for Greece, as Athenians' overall satisfaction with their city increased compared...

ELSTAT: Greek GDP Rises by $4.2 Billion in 2017

According to the final figures for 2017 released by Greece’s Statistics Authority (ELSTAT), Greek GDP increased by €3.75 billion ($4.20 billion). This increase is attributed to economic growth in Greece during 2017. Specifically, the Greek GDP rose from €176.48 billion...

One in Three Greeks Lives In Danger of Poverty, Data Show

34.8 percent of Greeks live in poverty or in danger of poverty, according to data revealed by the European Statistics Authority, Eurostat. More specifically, 20.1 percent of Greeks live in conditions of poverty and social exclusion, with 14.6 percent of the...

Eurostat: Greek Economy Shrinks 0.5% in First Quarter

The European statistics authority (Eurostat) has released its latest figures showing a 0.5% drop in GDP in Greece, in the first quarter of 2016. At the same period, euro zone as a whole showed a 0.6% rise in GDP, while...

Eurostat: Greek Unemployment Remains Stable at 25.8% in November

The rate of unemployment in Greece was estimated to be 25.8% in November 2014, remaining unchanged since October 2014, according to the latest figures of the European statistics authority Eurostat. Specifically, there were 1.23 million unemployed in Greece, with unemployment...

Greek Public Debt Reaches 169.1 percent of GDP

According to data released recently by Eurostat and the European statistics authority, the public debt in 24 countries of the European Union rose during the second semester of 2013. According to the same source, the public debt of Greece stood...

Greek Station Master Left Alone to Manage Entire Network for “20 cursed minutes”

The lawyer of the Greek station master responsible for the network when the fatal railway accident at Tempi occurred, has spoken out since his client was jailed pending trial on Sunday. According to the station master, he was improperly...

Greece Has the Largest Number of Goats in Europe

According to a recent study by Eurostat, Greece has the largest number of goats in the EU.

Hostility Towards Census Workers in Greece Leads to Mass Resignations

The Hellenic Statistical Authority (ELSTAT) is currently conducting the 2021 Census of the Greek population. Citizens’ hostility has led to mass resignations of census workers. In Patras, the capital of the Prefecture of Achaia, and one of Greece’s most populous...

Greece Set to Raise $3 Billion from 30-Year Bond Issue

Greece's 30-year bond, issued on Wednesday has attracted great demand, the public debt management agency announced.