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Workers lost almost 9 pct of real income last year, research shows
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Latest census data shows demographic challenge is here as population shrinks, ages
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Risk of poverty drops to 26.3 pct, reflecting post-Covid rebound
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Poverty rate rises in 2021; even after social transfers 1 in 4 children are at risk
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From the National Energy and Climate Plan to COP26: What has Greek climate policy learned?
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Impact of pandemic, lockdowns reflected in lower household spending during 2020
Newfound variety helps Greek winemakers enjoy exports boost
One of the aims of Greece’s adjustment program has been to make the country more competitive, with a particular view towards boosting its exports. The main tool for this exercise has been the policy of internal devaluation, which has seen wages drop substantially.
As a result, unit labour costs, which rose rapidly from 2001, have been falling equally dramatically since 2009 and by the end of this year are expected to be at around 2005 levels. The intention of this policy is that this drop in costs is reflected in...
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