Data released by the Hellenic Statistical Authority reveal the heavy toll that four years of Memorandum-based austerity and six years of recession have had on Greece’s capital and most populous…
19th century conditions look set to become the rule in the labour market as broad categories of workers in Greece not only face many-month delays before being paid, but increasingly…
In 2014 the Greek economy will finally emerge from recession. So have said the European Commission, OECD, IMF, Greek prime minister, finance minister and other reputable sources. They all can’t…
The OECD΄s forecast of 0.4% contraction contrasts with the Greek government΄s prediction of 0.6% growth in 2014. The OECD also said the recession in Greece had been "much deeper than…
According to the Global Cities Initiative report, the Greek capital has recorded the worst results in all job and income creation categories, declining by an alarming 17-18% since 2007. No…
The threat of a Grexit might have faded, but with deposits still not returning to the banks and credit contraction persisting, it is proving hard to overcome a sense of…
Greeks are on average almost 40 percent poorer than they were in 2008, data indicated, laying bare the impact of a brutal recession and austerity measures the government may be…
The Greek economy contracted by 6.4 per cent in 2012, according to figures released by ELSTAT, the Greek statistics authority.