A new Eurostat survey on household savings across the European Union in 2023 paints a troubling picture for Greece and Romania, the only member states to record negative savings rates…
Real estate seizures and auctions in Greece have surged dramatically over the past three years, according to the Hellenic Statistical Authority’s (ELSTAT) annual report on the work of notaries for…
Greece has the third lowest wage levels among the 35 OECD countries, trailing only Mexico and Colombia and closely followed by Slovakia and Hungary. According to the OECD’s global report…
Electricity prices in Greece have surged sharply, with the wholesale price reaching €202 per megawatt hour today. According to ERT, this represents a more than 30% increase compared to October,…
A recent report from the Organisation for Economic Cooperation and Development (OECD) sheds light on Greece’s performance in welfare indicators, painting a challenging picture. Greece ranks among the lowest in…
The Greek livestock industry has suffered devastating setbacks over the past 14 months, with almost 160,000 sheep and goats lost due to disease outbreaks and extreme weather events.
Recent figures from Eurostat reveal that the average annual adjusted salary for full-time workers in Greece is among the lowest in the European Union, standing at €17,000 in 2023. This…
Giorgos Lehouritis, president of the Consumer Protection Institute (INKA), criticised the government’s recent announcements regarding price reductions on 23 essential products, dismissing the move as more about public relations than…
A recent price comparison conducted by OPEN has unveiled a stark disparity in the cost of everyday goods between Greece and other European countries. The data reveals that Greek consumers…
Eleven New Democracy (ND) MPs have raised concerns over the lack of protection for borrowers, guarantors, and small businesses, warning of the risk posed by property auctions, particularly of main…