At a European level, according to unemployment data released by Eurostat Greece remains the country with the second-highest unemployment in the EU.
Despite this poor performance, Greece has seen a significant annual growth of 5.83% in artificial intelligence (AI) adoption, nearly tripling its percentage within a year
Among the EU's 27 member states, 15 countries reported scores at or above the bloc's average.
According to recent data from ELSTAT (Hellenic Statistical Authority), inflation in Greece rate reached 3.5% in December 2023, up from 3% in November.
Energy prices in Greece also rose by 0.7% in Dec., compared to a 0.1% increase in the Eurozone.
Despite this decrease, Greece’s November inflation rate remained above the EU average and ranked as the tenth highest among EU countries.
The cost of services and non-energy industrial goods in Greece continues to rise significantly faster than in other eurozone countries, according to the Bank of Greece’s Inflation Monitor report.
High unemployment, lower productivity, and economic recovery post-crisis are believed to contribute to Greece's low ranking
Greece recorded a higher inflation rate than the EU average, ranking tenth among the countries with the highest inflation rates, for this year, Eurostat data showed
The data on Greek wages from Eurostat contradicts the political narrative in Greece, which presents an image of financial recovery and inclusive economic growth.
Messina in Italy retained its position as the EU's busiest passenger port, with 11.3 million passengers, followed by Reggio di Calabria in Italy with 11.1 million and Piraeus in Greece with 9.6 million.
A year earlier, in November 2023, inflation in Greece was recorded at 2.9%.
In Greece, approximately 25% of women reported experiencing physical or sexual gender-based violence by a non-partner.
However, several countries experienced significant declines, with Greece leading the list down by 16%, followed by Estonia, Latvia, Spain, and Sweden.
Greek long term unemployment was only surpassed by Bosnia Herzegovina (9.6%). Spain was the 3rd worse with 4.3%
According to Eurostat, the average adjusted annual salary in Greece stands at €17,000, with Hungary close behind at €16,900. The only country faring worse is Bulgaria, where the figure is €13,500.
Among young people aged 15-24, unemployment fell notably to 16.3% from 23.1% in Sept. 2023. For those aged 25-74, the rate declined to 9% from 10%.
In Europe’s common monetary bloc, the Eurozone, the consumer price index settled at 2% from 1.7% the previous month
According to Eurostat, Greece recorded the second largest reduction on a year-to-year (YTY) basis at -8.9 pp
This subsequent debt repayment is expected to be completed by Sept. 2025, with an amount of at least 5 billion euros.