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  1. Six in 10 Greeks earn less than average salary of €1,022 in private sector

    Society

    and grosses less than the average salary in the private sector. These are the general characteristics... than 1,022 euros a month, the average salary in the private sector, according to separate data from the country’s largest insurance fund IKA-ETAM. In 2013, the number of employees earning less than

    34%

  2. More than half of Greek households rely mainly on pensions

    Society

    households in 2015. Last year’s figure was slightly lower than the record 52 percent recorded in 2014 but almost ten percentage points higher than the 2012 share of 42.3 percent. Of those households... at less than 10,000 euros. The outlook for 2016 remains similarly negative, with seven in ten Greek

    34%

  3. More concern for coalition than cheer for SYRIZA in latest poll figures

    PoliticsGreek Politics

    saw their support increase by 1.5 percentage points since the last Public Issue survey in July but the poll’s findings should be more of a source of concern for the New Democracy-led government than... popularity, for instance, was at 36 percent in September, which was eight points lower than in May

    33%

  4. How Greece reduced its unemployment rate to less than 10 pct
    Image: MacroPolis

    Agora

    sector has 244,000 fewer workers, more than half of the total gap. Another laggard in job creation... and commerce fully reflect the property market’s difficulties, which saw prices drop by 40 pct... more than 200,000 fewer foreign workers compared to the 2008 high, when 389,000 foreign nationals

    32%

  5. PMI rises to 54.4 points in April, highest since February 2020
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    sector since February 2020, before the outbreak of the COVID-19 pandemic. April saw an improvement in business confidence across the manufacturing sector. Producers saw a renewed upturn in new orders... in the headline figure was also in part due to a further deterioration in vendor performance in April

    32%

  6. Poverty rate jumped by over 40 pct during crisis, more than anywhere in EU
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    Greece saw its rate of poverty increase by more than 40 percent during the economic crisis, the highest jump in any EU state, according to a new German study that measures poverty in a “multidimensional” way, considering education, gainful employment, housing and housing environment and health

    31%

  7. Most Greeks saw income fall over last year, limiting purchasing power
    Photo by MacroPolis

    Society

    in the next quarter. The survey also showed the direct impact of lower income on consumer power. More than.... This is 11 percentage points lower than last year. For 59 percent of those who will enjoy a summer holiday.... In addition, more than half will stay in a house owned by themselves or a relative, 23 percent will choose

    30%

  8. Greece saw first annual deflation in almost half a century in 2013

    EconomyMacroeconomy

    of CPI change in 2013 was negative at -0.9 percent for the first time in more than 45 years, according... from the ongoing impact of the austerity measures rather than a rationalisation of the pricing

    30%

  9. Office prices and rents saw substantial fall in H1 2014

    Economy

    -based rather than transaction-based and therefore they are expected to show a relative lag... an underperformance in 2011 and 2013 when the rate of decline in Athens’ rents was more than 2 percentage

    30%

  10. Greek households saw net financial wealth plummet by 37.5 pct during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    their assets plummeted by more than one third. The latter was mostly evident in the early stage... their assets which more than doubled from 30.6 percent in Q1 2006 to 66.5 percent Q2 2012, not only

    30%