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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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Jobs in tourism push May hiring balance upwards
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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
Special ELSTAT report reveals dramatic changes in labour market since 1980s
The drastic changes in the Greek labour market were depicted in a special report released by the Hellenic Statistical Authority (ELSTAT) on Friday, which showed the evolution of a number of important features from 1981 until 2015.
The labour force in Greece had steadily increased until 2009, when it reached 5.04 million. It dropped after that, sinking to 4.81 million in 2015. It was worth noting that the labour force increased by 283,100 after Greece’s accession to the eurozone i...
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