Following the fifth increase in the statutory minimum wage since 2022, the monthly minimum rose to €1,027 as of April.
The majority (60%) of Greek holidaymakers intend to stay within mainland Greece, particularly in coastal areas, likely due to lower transportation costs and the ability to drive rather than fly or take a ferry
ELSTAT reported that employment rose to 4,346,499 individuals, reflecting an increase of 86,787 people (2.0%) compared to May 2024.
The latest figure marks one of the highest inflation rates in the European Union, ranking fifth among member states.
The lowest annual inflation rates in the European Union were recorded in Cyprus (0.4%), France (0.6%), and Ireland (1.4%), according to the latest Eurostat data.
To boost productivity, Greece must pursue both internal modernization and broader structural changes, argue prominent economists.
According to the EU definition, the risk of poverty or social exclusion, abbreviated as AROPE, refers to the sum of individuals who are either at risk of poverty, severely materially and socially deprived, or living in a household with very low work intensity
Nearly 200,000 long-term unemployed individuals in Greece, remain invisible in national and European statistics.
Greek working hours were the longest in the European Union in 2024, averaging 39.8 hours weekly, according to data released by Europe’s statistical authority, Eurostat. The figures showed Greek employees clocked six hours more than the average EU, which stands at 36 hours per week. The data places them well ahead of their counterparts in […]
Germany remains the top destination for Greek alcoholic beverages, accounting for 35% of the value and 43.5% of the volume (16 million kg).
According to Eurostat, 26.9% of Greece’s population is on the threshold of poverty or social exclusion, compared to the EU average of 21%. In absolute terms. In absolute numbers, this translates to 2,740,051 people in the country. The Eurostat figures come on the heels of data released by the Hellenic Statistical Authority (ELSTAT) on deprivation […]
Year-on-year growth was positive in eleven member states, while three saw contractions.
In the EU 18.2% of women are low-paid compared to men, against 23% in Greece. A staggering 43% of young Greeks are low-paid—the second-worst rate in Europe.
Inflation in Greece stood at 3.1% in March, from 3% in February, recording the highest monthly rise (+1.8%) in the Eurozone, according to preliminary estimates from Eurostat. Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February. The high prices in Greece highlight the ongoing cost-of-living pressures in the country. Sources from the […]
According to a survey by Eurostat, the Greek job vacancy rate is half that of the Eurozone average. As the data indicates, Greece is fourth from the bottom in job vacancy rates, tied with Luxembourg. However, a fundamental difference between the two countries is that Luxembourg boasts the lowest unemployment rate in the EU, while […]
According to Eurostat data released today, the harmonized inflation rate in Greece stood at 3% in February, slightly down from 3.1% in January. Across the eurozone, annual inflation fell to 2.3% in February 2025 from 2.5% in January, compared to 2.6% recorded a year earlier. Meanwhile, inflation in the European Union reached 2.7% in February, […]
Inflation in Greece saw a slight decline in February, settling at 3%, down from 3.1% in January, according to data from the European Union’s statistical authority, EUROSTAT. In the eurozone, inflation stood at 2.4% in February, compared to 2.5% the previous month. Examining the main components of inflation in the eurozone, services recorded the highest […]
Among Eurozone countries, Ireland, Italy, and Finland recorded the lowest inflation rates in January, at 1.7% each
Notably, in 2024, Athens’ main airport entered the top 10 European airports for the first time in its history, according to Eurostat.
In January, services recorded the highest annual inflation rate in the eurozone at 3.9%, slightly down from 4.0% in December, according to Eurostat's latest data.