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Government hails rising wage data, but full picture tells more complex story
EconomyMacroeconomya communication offensive and briefed the Greek media that, based on Eurostat data, incomes in Greece have significantly improved. According to government officials, the latest Eurostat data for 2024 showed..., leading both to nominal and real improvements in the earnings power of Greeks. The latest data
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Athens pleased with Washington talks despite lack of definitive US position on Turkey
PoliticsForeign Policyactions in the East Med and Libya. The Greek government has many times since Tuesday tried to play down... replied: “when you're talking about Libya, we're discussing with President Erdogan, we're discussing... talked about that subject specifically — Libya and what's going on. We'll be talking to Russia
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BoG data shows that overseas property investment revenue accelerated in 2018
EconomyFeatures. Property prices The latest data from the BoG showed that apartment prices in Greece during the fourth quarter (Q4) of the year showed a rise of 2.5 percent YoY. According to revised data... 21 permits. Since then according to the latest data, the Golden Visa programme has shown average
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Greek union data suggest workers get paid late or in kind
Societymoney, according to data gathered by the Labour Institute (INE) of the General Confederation of Greek...’ tight liquidity conditions and labour market deregulation. According to the data, which is not part... consecutive years of decline up to 17.2 percent. The INE-GSEE data presented by the daily paper also show
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Data shows export market shake-up amid pandemic
EconomyFeaturesway according to the latest data. Greece’s main export market remains the European Union, which... by 13.4 percent in the first six months according to the Bank of Greece (BoP) data up to June... year-on-year (YoY) to 11.10 billion euros. Data from the Hellenic Statistical Authority (ELSTAT) has
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Revised GDP data shows 1.9 pct growth in 2019, taking 2017-2019 upward streak to nearly 5 pct
EconomyMacroeconomyrevision that takes place every five years, the Hellenic Statistical Authority revised 2019 GDP data... includes the use and update of existing data, the incorporation of new sources and potentially... in the Eurostat methodological manual “Practical guidelines for revising ESA 2010 data.” This statistical
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Impact of uncertainty on economy starting to emerge in hard data
EconomyFeaturesgradually filtering through in hard data, sending the first recessionary signals. For more than a year.... The latest retail data for June indicates that the uncertainty reported by households for months is now being reflected on the data, with the monthly movement in sales and volumes contracting by 3.7 and 4.9
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Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
Economysocial media and during parliamentary debate. Recent Eurostat data does not do the government any... area. The same data shows that the improvement in the saving rate in Greece was negligible... annual data. The housing cost overburden rate finds Greece in the worst position in the EU with more
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Employment and wage data explains why Greeks struggle to see growth dividends
Agoradata and the everyday reality faced by most Greek households. Last month, the European Commission... wage, some troubling data was brought up in the public debate, mostly from the research arm of Greece’s largest union, GSEE. The data from a GSEE survey shows that one third of Greek households must
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New data shows rise in average wage, but overall impact limited
EconomyMacroeconomyThe Labour Ministry released recently the latest annual report for 2024 based on data on its Ergani..., an increase of 7 pct year-on-year. The data also points to what we have argued before, which... euros per month. The data also highlights the challenge for Greek households as although improved
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