Search
-
Number of private sector employees rises in 2017 but wages fall
EconomyMacroeconomyby more than one firm. Compared to last year, the number of companies has risen by 14,085, while... than a quarter worked between 10 and 35 hours per week. The average monthly wage (including full... and 15.8 percent earned more than 1,500 euros per month. Employees aged 30-44 made up the largest
3% -
Most Greeks negative about spending power in 2018
Society). The Greek total was slightly higher than the overall average of 445 euros. Greece was one of only two countries, along with Russia, where consumers reported spending more on food and drink than presents... for shopping in physical stores rather than online, although for certain items such as electronics
3% -
Coalition approves multi-bill in Parliament, Tsipras picks up extra MP
PoliticsGreek PoliticsParliament. Although there was more tension than there has been for some time, the scenes were relatively... to argue that his government is growing in numbers rather than shrinking. Tsipras will now turn his... tests, the discussion on debt relief and the fourth review and more than 80 prior actions
3% -
Overdue social security debt reaches 31.3 bln in Q4, collected revenues beat annual target
EconomyMacroeconomycontributions of more than 5,000 euros from the four main Greek pension funds based on several theoretical... of unpaid contributions mentioned previously. The breakdown shows that 69.3 of debtors owe less than... billion, higher than the amount for 2016 by 28.4 percent and mostly driven by a QoQ rise in revenues in Q3
3% -
Car sales rise by 44.3 pct in January
EconomyMacroeconomywas higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than
3% -
Manufacturing wage cuts were turned into profit, GSEE study claims
EconomyFeaturesthe crisis resulted in greater profit margins for companies rather than lowering prices. Wage... claims that this indicates that rather than pricing in wage reductions, as other industries appear... by more than a third, the drop in the price index did not exceed 2.7 percent. In the wider manufacturing
3% -
Car sales up by 33.1 percent in February
EconomyMacroeconomypercent. Although the overall rise in car sales in 2017 was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than half of the record high of 372,892
3% -
Eurogroup highlights tight schedule as differences over debt, fiscal measures brew
EconomyProgramme. Clearly, Athens is not keen on the idea of adopting measures worth 2 percent of GDP, rather than 1... 22 that the 2017 primary surplus was well above the target despite growth being weaker than... from this year until 2022 was reached last year despite growth being 1.6 percent, which is lower than
3% -
New centre-left party keeps political options open at inaugural congress
PoliticsGreek Politicsthen. There is, however, another section that believes SYRIZA would make a more natural partner than New Democracy... is able to shape its own political identity, rather than be seen just as a potential future partner for New Democracy and SYRIZA, and to ensure that there is plurality within the party rather than just
3% -
Complications over reforms cast doubt on June target for global deal
EconomyProgrammedeal between Athens and the lenders may have to wait until July, rather than June. More than 70... being reached at the July 12 Eurogroup may be more likely than at the June 21 meeting of eurozone
3%