A new study by the European Statistical Office (Eurostat) on purchasing power for 2024 ranks Greece second to last, with figures showing the country is 30% below the EU average.
Starting April 1st, Greece’s minimum wage will rise to €880 gross, a €30 increase per month, as announced by Prime Minister Kyriakos Mitsotakis. While the government frames this as part…
According to data published today, Thursday, 20 March, by the Bank of Greece on the rate of increase in housing prices, apartment prices have risen at an average annual rate…
A 160-metre section of tunnel was mistakenly excavated during the construction of Line 4 of the Athens Metro near Katehaki. This error, which deviated from the original plans, was carried…
Pavlos Marinakis was questioned by Jacobin Greece about the layoffs planned by Hellenic Train on the grim anniversary of the two-year mark since the Tempe train crash. He expressed ignorance on…
According to new data from Eurostat, Greece ranks last for the average remuneration of national civil servants in central public administration among the 27 European countries for the year 2024.…
Inflation in Greece remained elevated in November, standing at 3%, a full percentage point above the European Central Bank’s (ECB) 2% target. This figure places Greece higher than the EU…
While the Eurozone and European Union report steady increases in labour costs, Greece stands out as the sole country experiencing a decline. According to Eurostat’s latest survey, labour costs in…
The Consumers’ Union – Quality of Life (EKPOIZO) has criticised the Greek government’s recently announced measures to address bank charges, describing them as “inadequate, weak, and ultimately almost costless for…
In an incisive analysis, Yanis Varoufakis, Secretary of MeRA25, has dissected Greece’s 2025 budget, currently under debate in Parliament. His critique paints a grim picture of the country’s economic trajectory,…