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Out-of-court workout holds promise for firms in debt
LegalFor the first time in Greek legislation, Law 4469/2017 introduces an integrated procedure of Extrajudicial Debt Settlement for viable entities of commercial status (legal entities and natural persons) with outstanding debts towards both the private and public sector (Greek State, Social Security
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Despite cuts, pension system still at risk due to old-age dependency
Societyolder than 65 years for every 100 persons of working age (20 to 64 years). The ratio rose from 19.5
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Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years
EconomyMacroeconomy21,800 more persons were employed. The next largest increase was noted in accommodation and food
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Unemployment rate at 20.9 pct in November, slight upward revision for October
EconomyMacroeconomywas negligible month-on-month, falling by 103 persons to come to 995,899. This represents a reduction of 119,363
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Newsletter 150 -26/01/2018
in the number of unemployed was negligible month-on-month, falling by 103 persons to come to 995,899
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Self-employed paying less for social security contributions, Labour ministry reports
EconomyFeatures-employed workers and reports of such workers deregistering from the status of “self-employed” en masse.... The number of self-employed persons obliged to pay social security contributions rose by 23,588
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Unemployment rate falls to 21.5 pct in 2017 despite increase in Q4
EconomyMacroeconomymore persons were employed. The next largest increase was noted in human health and social work
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Despite stumbling blocks, Athens more upbeat after latest talks on name issue
PoliticsForeign Policyand rights of those persons belonging to the Macedonian people living in neighboring countries
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Greek hourly labour costs less than half of eurozone average
EconomyFeaturesthan 65 years for every 100 persons of working age (20 to 64 years). The ratio rose from 19.5
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Kotzias takes next step in effort to reach name deal, settle Balkan issues
PoliticsForeign Policycares for the status and rights of those persons belonging to the Macedonian people living
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