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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...

Half of New Greek Jobs are Part Time and Underpaying

One half of new jobs in Greece's private sector are part-time and pay below minimum wage, according to figures released by ERGANI. May figures look promising regarding the number of hirings, but the wages are low and half of the...

German Businesses Planning Investments in Greece Could Create 50,000 Jobs

German businesses are planning important investments in Greece, such as the creation of a logistics center in Alexandroupolis and investments in tourism, which could create up to 50,000 new jobs, especially for younger Greeks, Germany’s Deputy Minister of Economic...

Top 25 Companies to Work for in Greece

The "Great Place to Work" institute issued the results of its annual survey, recording the 25 best companies to work for in Greece. Among the 25 companies with the best working environment, there are 10 companies with more than 250...

One in Two Private Sector Employees in Greece Earn Less than €800 per Month

One in two employees in the private sector in Greece earns less than 800 euros per month, while only 11 percent of public sector employees earn less than that, a new study shows. The figures come from the annual report...

Factories Close Down While More Cafes and Restaurants Pop up in Greece

The Greek economy cannot generate added value products and services and is almost exclusively dependent on domestic consumption, a new study shows. The study on Greek entrepreneurship that was conducted by Endeavor Greece shows that the Greek economy is still...

Parliamentary Budget Report: More Delays Could Cost Greece 4th Memorandum

The latest report from the parliament’s budget office is not favorable for the Greek government and its negotiating tactics. The report warns that any further delays in the completion of the second review would lead to a fourth memorandum,...

Report: Greeks Severely Underemployed, New Jobs Pay Less Than €600 Monthly

New jobs are offering increasingly low salaries in Greece according to data from the Labor Ministry’s Ergani database. According to the data presented in the report which analyzes the salaries of Greeks, in 2015 one in two workers in Greece were paid...

Greece European Champion in Unemployment With 1.1 Mln Jobless

For another month, Greece ranks first in unemployment in the European Union with about 1.1 million jobless, according to Eurostat. The European statistical authority figures show that unemployment in the country remains above the 20% "red zone," more than double...

Greece's 'Brains' who Emigrated Ask for Meritocracy to Return

"I would return to Greece if..." was the crucial question that the Brain Gain initiative posed to Greek professionals and scientists who fled the country to seek employment and a better future abroad. Brain Gain is an initiative of Greek professionals...