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Self-employed paying less for social security contributions, Labour ministry reports
EconomyFeaturesData from the Labour Ministry has shown that a higher percentage of non-salaried workers will pay... amount payable has declined year-on-year. The bulletin, which the ministry appears to have launched...-employed workers and reports of such workers deregistering from the status of “self-employed” en masse
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Part-time work, low pay characterise crisis-era job market
SocietyResearch by the Centre of Athens Labour Unions (EKA) has shown that women and young workers were hardest hit by changes in Greece’s post-crisis job market. The research, titled “Living and working... they were in has no connection to their qualifications or what they had studied. Full insurance
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New measures to ease capital controls, lift restrictions on opening bank accounts
EconomyMacroeconomypublished in the government’s gazette. It is the third set of measures that the MoF has announced to relax... of capital controls has been cited as an issue by both the Bank of Greece and the country’s lenders
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Tension between coalition and political opponents here to stay
PoliticsGreek Politicsfor repeatedly suggesting that Greece should seek a precautionary credit line, even though this idea has... on Saturday, but instead upped the stakes by suggesting that the government has been tampering
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Unemployment rate at 20.8 pct in Dec as employed rise by 107,687 in 2017
EconomyMacroeconomyOctober 2011 where the total number of unemployed has stayed below the 1-million mark. The overall... month last year, the balance improved by 13,275. The report noted that the month of January has
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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBanking. The report notes that the figure for net profits has been calculated before discontinued operations.... The bond has a conditional pass through structure and is euro denominated. It carries a fixed
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Eurosystem funding drops by 4.58 bln in January, banknotes in circulation fall
EconomyMacroeconomyhas been steadily falling with the latest reduction coming on March 8, when the ECB announced... collateral, along with improved market access. Eurosystem funding to Greek banks has declined
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Wages index improves by 0.2 pct in Q4, up by 2 pct YoY
EconomyMacroeconomyfor the year. From a recent high of 91 in Q3 2016, the index has fallen by 0.5 percent. The record high... peak, the index has declined by a quarter on the back of the negative impact stemming from
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Coalition tries to move focus back to scandals
PoliticsGreek PoliticsUnder pressure due to the developments involving PAOK chairman Ivan Savvidis, the government has moved the spotlight back to the Novartis investigation again, apparently hoping this will provide some... for Novartis. The government spokesman admitted that this has nothing to do with the criminal aspect
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New overdue taxes rise by 766 mln in Jan, total stock at 99.44 bln
EconomyMacroeconomydebt in January has displayed a rise of over 9 billion euros. Although legacy stock increased, total... to 82.2 percent for December. The IAPR has set a goal for the overall tax collectability rate to reach 84
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