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Better contribution collection for Greek pension funds but 5.1-bln shortfall looms
Economythat the contribution collection is now growing faster than wages, reversing the trend of previous
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Coalition adopts court ruling that restores judges' pay, others poised to follow
PoliticsGreek Politicshas already factored in the amount needed to increase the judges’ salaries to previous levels
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Young Greeks more likely to swap items and buy second hand
SocietyDuring the economic crisis people have been watching Greece closely for signs of a change in mentality or attitudes in the country, particularly with respect to whether young Greeks are adopting different practices to the previous generation. We have seen for instance, that there has been a rise
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Just 8 percent of Greece's 1.27 mln registered unemployed receive benefits
Societya certain amount of social security credits in previous years. According to OAED, since 2014 the number
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Greek jobless rate remains stuck at 27.3 pct for third month
Economyand a similar movement in the number of unemployed. In the previous month, both headline figures had moved
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Industrial production rises again in May, by 1.8 pct, after two months of decline
EconomyMacroeconomymarginally by 0.1 percent. May’s performance led the year to date change, reversing the previous
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Greek primary budget surplus reaches 712 mln in first half of 2014
Economyafter falling in the previous two months. Nevertheless, the first half figure fell 6.3 percent
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As imports rise, Greek C/A balance flips back to deficit in May
EconomyMacroeconomyincrease in non-resident’s arrivals. Likewise the previous months, the drop in the income deficit (by 245
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Credit contracts by 3.5 pct in June, balances at 214.81 bln
EconomyMacroeconomyCredit in the Greek market contracted by 3.5 percent in June, unchanged from the previous month and with balances slightly increasing to 214.81 billion euros, according to the Bank of Greece (BoG). Monthly net deductions dropped to 324 million euros in June, the lowest reading so far in 2014, from
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Coalition reaches compromise on candidate for European Commission
PoliticsGreek Politicsnot get the nod. While Bakoyannis had some of the attributes needed for the position due to her previous
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