A general strike and late May Day protest were held in Greece on Thursday in protest against upcoming labour legislation by the New Democracy government.
Total age-related expenditure amounted to 26.4 percent of gross domestic product last year, according to figures in the Finance Ministry’s Stability Programme.
Greece completed on Wednesday its third successful market foray of the year by drawing 3 billion euros through a new 5-year bond issue.
Renewable energy company Terna Energy’s full year results for 2020 revealed that revenue rose by 10 percent year-on-year and came to 328.1 million.
Greece is trying to boost growth in real GDP and to transform the country into a more efficient and effective generator of economic wellbeing for its population.
Prime Minister Kyriakos Mitsotakis has assured an international audience that the Covid-19 situation in Greece will be much better over the coming months even though there has not been a significant reduction in pressure on public hospitals and some weaknesses in the vaccination process remain.
Greek construction and energy group GEK Terna’s net income attributable to shareholders dropped to 12.5 million euros in 2020 from 23.5 million euros the year before.
Greece has been singled out for its poor performance in the global rankings of the World Economic Forum (WEF) 2021 Global Gender Gap Report.
Greece has been grappling with the coronavirus for just over a year, sometimes with success but other times less convincingly.