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Income
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EconomyMacroeconomy
Q1 disposable income up 3.2% YoY, saving rate negative for six straight quarters Household disposable income increased by 3.2 percent year-on-year (YoY) in Q1 2026, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
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EconomyMacroeconomy
The Greek economy in 2026: Quantitative recovery meets qualitative stagnation The Greek government continues to face challenges in defending its economic record, as stories gain prominence about Greeks increasingly being unable to afford what used to be normal daily life and routine. Readers will be aware that this is an issue we have covered extensively over recent months.
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EconomyMacroeconomy
Wages index maintains momentum with 6.7% YoY rise in Q1 Greece’s seasonally adjusted (SA) Wages Index grew by 6.7 percent year-on-year (YoY) in Q1, from 7.9 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Monday.
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Society
Multiple facets of inequality in Greece: a decade of divergence between data and daily life Inequality in Greece between 2015 and 2025 presents a paradox that challenges conventional economic interpretation. On paper, the country appears to have made progress: the Gini index, the most widely used measure of income distribution, has gradually declined from its crisis-era highs.
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EconomyMacroeconomy
Despite disposable income rise in Q4, saving rate negative for five quarters in a row Household disposable income increased by 9.8 percent year-on-year (YoY) in Q4 last year, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
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EconomyMacroeconomy
Greece braces for price shockwaves from Iran amid weakening purchasing power As the conflict in Iran shows no sign of easing, and with damage to energy infrastructure in the Middle East estimated to have reduced production capacity by roughly 30–40 percent - repairs that could take years to complete - it is becoming evident that the world will face unsettled energy markets and volatile prices for some time, even in the more benign scenario of a swift end to the war.
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EconomyMacroeconomy
Wages index hits record high YoY rise of 7.9 pct in Q4 2025 Greece’s seasonally adjusted (SA) Wages Index grew by 7.9 percent year-on-year (YoY) in Q4, from 7.5 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Monday.
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EconomyMacroeconomy
Business landscape dominated by SMEs, six in 10 workers earn below 1,200 euros The 2025 annual report by the Labour Ministry, based on the data registered in the ERGANI database, gives the latest snapshot of Greek entrepreneurship, employment, and income profiles for the private sector.
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EconomyMacroeconomy
Disposable income records modest 1.9 pct YoY rise in Q3, saving rate again negative Household disposable income increased by 1.9 percent year-on-year (YoY) in Q3 last year, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
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EconomyMacroeconomy
Disposable income rises in Q2, saving rate stays negative at -3 pct Household disposable income increased by a solid 8.1 percent year-on-year (YoY) in Q2 this year, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.