Greece
Economy
Greek Labor Market Records 19-Year Low in March Due to Coronavirus Lockdown
According to Ergane, the Information department of the Greek Ministry of Labor, the Greek labor market recorded extremely negative numbers for employment in March of 2020.
According to Ergane's data, the Greek labor market recorded a total of 41,903
fewer jobs...
Greece
The Working Poor: The New Category in Greece's Labor Market
The deep economic crisis in Greece has created a new group of employees, "the working poor," says Professor of Economics and Social Policy, Savvas Rombolis.
In an interview with Ta Nea newspaper, the professor says that there is a large...
Economy
Labor Market Reforms Delay Greece's Bailout Program Review
The talks on the bailout program review between Greece and international creditors will continue in Brussels as the Greek side refuses to back down on the thorny issue of labor market reforms.
Upon insistence of the International Monetary Fund, the...
Economy
Greek Pensions and Labor Market Reforms to Be Discussed in 2nd Review Program
Measures concerning both the pension system and labor market reforms are expected to be the focus of talks during the second review of Greece's programme, Eurogroup President Jeroen Dijsselbloem informed the Dutch lawmakers on Tuesday, in the customary document...
Greece
Greek Labor Market Suffering Shortfalls
According to Manpower Group's recent “talent shortfall survey” for 2014, even though unemployment in Greece is at its highest, 4 out of every 10 employers find it difficult to fill several posts with the appropriate staff.
“Forty two percent of...
Ancient Greece
Twelve Labors of Hercules Exemplify Greek Mythology
The Twelve Labours of Hercules occupy a special place in the pantheon of Greek mythology, exemplifying the ancient beliefs of the Greeks.
Celebrities
Cris Cab Stuns Shoppers with Live Song in Mykonos Supermarket
American singer Cris Cab stunned shoppers in a Mykonos supermarket when he broke out into an impromptu live concert in the potato chip aisle.
Greece
First Greek Smart Scooter Could be on the Market by Next Summer
The first "smart" electric scooter that is 100 percent made in Greece could be making its first appearance on the roads by next summer, according to an Athens-Macedonian News Agency (AMNA) report.
The designers, co-founders of the Greek company Give,...
Business
Greek Construction Companies Conquer the German Market
Over the last several years, Greek construction companies have steadily, and significantly, increased their share of the market in the construction sector in Germany.
When the financial crisis hit the country of Greece hard in the early 2010s, most of the...
Greece
May Day: Thousands March Across Greece to Commemorate Labor Day
Thousands of people, including members of trade unions, political parties and workers, marched in Athens and many other major Greek cities on Wednesday to commemorate Labor Day, The day devoted to workers is celebrated across Europe and other parts...
Business
Caviar Made in Greece Makes Breakthrough in European Markets
Excellent quality caviar; produced in Epirus, north-western Greece, is the only enterprise of its kind in the country.
A company called Thesauri, of the meat production and processing VIKI Group, has pioneered sturgeon farming and caviar production in Greece.
It produces...
Business
Atlantic Bank President: How Greek Companies Can Enter the American Market
A Greek company that wants to enter the U.S. market must have prior knowledge of the legal framework, the U.S. market and its competiveness, along with knowledge of tax laws, said Atlantic Bank President Nancy Papaioannou.
Speaking at the Capital...
Economy
Greek Finance and Labor Ministers Go Urgently to Brussels for Bailout Talks
Greek Finance Minister Euclid Tsakalotos, Deputy Giorgos Chouliarakis and Labor Minister Efi Achtsioglou flew urgently to Brussels on Tuesday morning in order to unlock bailout review talks with creditors.
The Greek government is making a last-minute effort to reach a...
Economy
Greece-Creditors Negotiations Stall Again Over Labor Law Issues and Pension Cuts
Greece and creditors failed to come to any conclusions during Thursday's Euro Working Group, the preparatory meeting for the April 7 meeting of the 19 euro zone finance ministers in Malta.
Lenders decided that the institutions' technical teams need to...
Economy
Government and Institutions Still at Odds Over Energy Market, Official Says
The differences between the government and the institutions over energy market issues remain, an official at the environment and energy ministry said on Friday, after the conclusion of the first part of a teleconference that began at 2:30 p.m....