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Austerity
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Nearly half of all households still rely on pensions for income, survey shows
Research from the Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEVEE) has shown that pensions financially support almost half of all households in Greece.
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OECD report traces change in public spending over a decade
The latest OECD Government at a Glance report for 2019 has illustrated the way in which public spending has changed in Greece across the crisis years.
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Deaths continue to outpace births in latest demographic warning
The decline in Greece’s demographic profile shows no signs of slowing down according to data from the Hellenic Statistical Authority (ELSTAT) which showed that deaths continue to outstrip births in the country.
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Despite recent improvement, more than half of Greeks unable to afford one-week holiday
Data from Eurostat has shown that over half of Greeks could not afford to go on a week’s holiday away from home in 2018.
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Social impact of crisis seen easing in 2018, but 31.8 pct still at risk of poverty/exclusion
The Hellenic Statistical Authority (ELSTAT) released a set of statistics on Friday which illustrated several aspects of Greek society, including poverty, income equality and living conditions.
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EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
The European Commission (EC) issued on Tuesday its regular spring forecasts for 2019, which showed that it is now expecting the country to grow by 2.2 percent this year compared to an estimation of 2 percent in the autumn forecast, and in line with the interim winter forecast.
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Parliamentary report highlights demographics challenge and urges immediate action
Greece’s problematic demographic makeup has once again emerged as a dominant story in the Greek press as concern grows over how falling fertility rates will shape the country’s economic and social future.
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Minimum wage increase set for end of January amid concerns about economic impact
Greece’s Labour Ministry is moving ahead with plans to increase the country’s minimum wage between 5 and 10 percent amid calls for caution over such measures.
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Council of Europe report warns over austerity-inflamed inequality in education
A report on Greece by the Commissioner for Human Rights of the Council of Europe has outlined how austerity damaged the country’s education system and exacerbated inequality in accessing education.
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EC autumn forecast lowers growth for 2019 on pending budget finalisation
The European Commission (EC) issued on Thursday its regular autumn forecasts for 2018, the first forecast since 2010 that Greece is not in an adjustment programme.