MacroPolis

Rise in wages index slows to 2.5 pct in Q2 but hits six successive quarters of growth

Greece’s seasonally adjusted (SA) Wages Index in the second quarter (Q2) rose by 2.5 percent year-on-year (YoY), slowing down from the 5.8 percent increase in Q1 2021, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.

Government compromises on 2 pct rise for minimum wage

It was confirmed at a cabinet meeting on Monday that the minimum wage will rise by 2 pct, a symbolic increase that is the result of the government’s unwillingness to leave salaries unchanged but also its desire not to come into conflict with business owners who are being tested by the pandemic.

Household disposable income jumps by 5.1 pct in Q1

Household disposable income increased by 5.1 percent year-on-year in the first quarter (Q1) of 2021, after a rise of 0.8 percent in the fourth quarter (Q4) of 2020, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.

Disposable income rises 0.8 pct in Q4 2020; consumption falls 8.9 pct

Greek household disposable income rose by 0.8 percent year-on-year (YoY) in the fourth quarter (Q4) of 2020, compared with an increase of 1.6 percent in Q3, according to Hellenic Statistical Authority (ELSTAT) data.

Greece falls behind on gender equality due to drop in political empowerment

By: Georgia Nakou

Greece has been singled out for its poor performance in the global rankings of the World Economic Forum (WEF) 2021 Global Gender Gap Report.

Greece persistently bottom of the list for EU gender equality

The latest report by the European Institute on Gender Equality (EIGE) for 2020 has shown that Greece continues to be at the bottom of the list for 28 EU countries in terms of gender equality.

Disposable income falls by 11.8 pct YoY in Q2, final consumption down by 12.7 pct

Greek household disposable income fell by 11.8 percent year-on-year (YoY) in the second quarter (Q2) of 2020, worsening from the decline of 0.4 percent noted in Q1 2020, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.

Disposable income falls by 0.4 pct YoY in Q1, final consumption down by 0.5 pct

Greek household disposable income fell by 0.4 percent year-on-year (YoY) in the first quarter (Q1) of 2020, decreasing from the rise of 0.2 percent noted in Q4 2019, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.

Wages index up by 0.8 pct in Q1 2020

Greece’s seasonally adjusted (SA) Wages Index turned slightly positive by 0.8 percent year-on-year (YoY) in the first quarter (Q1) of 2020, following a drop of 0.1 percent in Q4, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday.

Majority of Greeks report financial hardship due to Covid-19

A special white paper by Intrum examining the impact of the coronavirus pandemic on households has found that Greeks are coming under increasing financial pressure as a result of the lockdown.