Council of Europe report warns over austerity-inflamed inequality in education
Human Rights Commissioner calls for improvements to battered healthcare system
Parties locked in tug of war over troubled universities
Religion plays strong role in identity, beliefs of Greeks, international survey suggests
Part-time work and low earnings overlie crisis-pounded labour market
Child poverty rate in Greece triples in a decade, OECD study finds
Newfound variety helps Greek winemakers enjoy exports boost
One of the aims of Greece’s adjustment program has been to make the country more competitive, with a particular view towards boosting its exports. The main tool for this exercise has been the policy of internal devaluation, which has seen wages drop substantially.
As a result, unit labour costs, which rose rapidly from 2001, have been falling equally dramatically since 2009 and by the end of this year are expected to be at around 2005 levels. The intention of this policy is that this drop in costs is reflected in...
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