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Income inequality in Greece has grown during crisis, OECD report shows
Societyand Greece, where the average income of the bottom 10 percent fell 13 percent per year from 2007 to 2013... hold. Reflecting this fall income and the lack of a social net, the crisis period also saw a marked... percent and in Spain it almost doubled to 18 percent. The report said one of its “striking findings
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Newsletter 413 - 23/02/2024
relatively unscathed this week from what may have been the climax of the farmers' protests, which saw... income levels in the country, as Eurostat data also published this week for regional GDP per capita data... have until 8 March to submit their findings, while investigations by the EU and Larissa prosecutors
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Newsletter 430 - 05/07/2024
. Hungary, which is in the second worst position, saw hourly wages drop by 15 pct in the same period.... It is estimated that in the 2015-2023 period the real wage per worker in Greece has dropped by almost 10 pct... research findings highlight the challenges for Greek workers. The introduction of the 6-day week
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New Democracy sticks by snap polls call as gov't looks to probe, tender for relief
PoliticsGreek Politicsended up being beaten to the punch by New Democracy. The government’s proposals was table... as the coalition’s majority on the panel would block any common findings. Of course, it would be embarrassing... for an investigation, which would lead to findings being published by the end of May, when the impact of any
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Athens waits for Moscovici visit, eyes debt relief and lower volume of measures
PoliticsGreek Politicsare beaten. However, this is not enough for Athens. It also wants clarity on the fiscal targets... of Greece governor Yannis Stournaras said that some legally-binding commitment to medium-term debt relief
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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeaturesGreek export products saw their global market share decline slightly from 0.16 percent in 2009..., increased their GDP contribution three times over during the crisis period, rising from 0.04 percent per annum in the pre-crisis years to 0.12 percent per annum during the crisis, or a cumulative contribution
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Newsletter 367 - 27/01/2023
goal of 28.49 billion euros, beaten impressively by 3 billion euros. At the same time, income taxes... watchdog’s findings after Parliament’s institutions and transparency committee, where New Democracy
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Cost of living remains public's top worry, as government slashes green transition budget
PoliticsGreek Politics, versus 12.1 pct who picked the leftist opposition. Social democrats PASOK are narrowly beaten... one in ten said they think things are going well. The poll findings suggest that despite managing
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Newsletter 33 - 03/07/2015
withdraw just 60 euros per day from ATMs, where long queues are now common. According to capital.gr... that their activities were either subdued or suspended for the bank holiday period. Supermarkets saw a large number... is unlikely to en masse favour being part of a national emergency government. The other possibility
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Eurogroup approves 3rd bailout for Greece but expects swift, extensive action
EconomyProgrammeGreek Parliament approved with a broad majority, even though Prime Minster Alexis Tsipras saw... will have to find savings of 1.2 to 1.5 billion euros per year. On the new 50-billion euro privatisation.... The Eurogroup said it expected the Fund’s executive board would agree to release further funding
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