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Greece

Greek Households Unable to Pay Their Taxes, Study Shows

  The majority of Greek households cannot afford to pay their taxes, says a study conducted by the General Confederation of Greek Workers (GSEE). "The sharp decline of wages in the past six years has reduced dramatically the tax-paying abilities of...

Food Prices on the Rise in Greece

The prices of basic food items in Greece have increased up to 18% in one year, despite the recession and high unemployment, says a new study. The study was conducted by the Labor Institute of the General Confederation of Greek...

140 Thousand Greek Professionals Migrated Abroad

Approximately 140 thousand young Greek scientists and professionals have migrated in the last four years. According to a study by the Greek Labor Institute of the General Confederation of Workers (GSEE), during the years Greece has been experiencing an economic crisis, a...

Greek Pension Fund Reserves for 2015, are About to Collapse

According to a study of  GSEE's Labor Institute, it has been made crystal clear that the Greek State must find alternative financial resources in order to be able to carry on the subsidy of the pension scheme within the...

Greek Jobless Rate Seen Hitting 34%

Greek Prime Minister Antonis Samaras' hope of getting the shattered economy back on track as soon as next year is being undercut by a problem even said seems perhaps the biggest challenge, the record unemployment rate, that a study...

Greek Jobless Rate Stuck For 20 Years

With crushing austerity measures creating a record 27.6 percent unemployment rate and putting 1.4 million people out of work, it will take at least 20 years for the jobless rate to drop below 10 percent, according to leaked extracts...