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Despite disposable income rise in Q4, saving rate negative for five quarters in a row
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Greece unveils new batch of cost-of-living measures after robust 2025 fiscal results
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Tourism season starts strongly in Feb with receipts up 70.7 pct in first two months
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Manufacturing drives industrial turnover decline of 4.6 pct YoY in Feb
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Hiring balance stays negative in Jan as new hires drop YoY
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Car sales rise strongly in March, up 6.4 pct YoY in Q1
New data shows 6.2 pct of Greek labour force in gray area
Three new indicators released on Monday by the Greek statistical authority, ELSTAT, paint an even grimmer picture of Greece's labour market than the one most experts had considered until now.
According to standard definitions and measures of unemployment, a population is classified in three categories, employed, unemployed and inactive. The new indicators come to add more dimensions to the labour force by measuring three new categories.
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