unemployment

ESM’s announcement on Greece’s exit from the memoranda

Following the official conclusion of the support program for Greece, the European Stability Mechanism (ESM) presents, in an announcement, the progress of Greece’s economy...

Unemployment dropped to 20.1% in March

In March, unemployment dropped to 20.1%, from 22.1% last March and 20.6% in February 2018. According to a workforce research by the Hellenic Statistical...

Unemployment in Greece dropped slightly in December

According to Eurostat data published on Holy Wednesday, unemployment in Greece reached 20.8% in December 2017, compared to 21% in November, while the unemployment...

Unemployment drops in Greece and Europe

According to Eurostat, the unemployment rate in the Eurozone reached 8.7% in December 2017, that is it reached the same levels as those of...

1.9 billion euro primary surplus in 2017

In 2017, the budget presented a primary surplus amounting to 1.941 billion euros, compared to 2.778 billion euros in 2016. The primary surplus may...

PM Tsipras: The time of Greece’s economy has come

“I am pleased to say that the time of Greece’s economy has come”, stressed Prime Minister Alexis Tsipras addressing the conference of the American-Hellenic...

Reduced unemployment in Greece in July

In July, unemployment was reduced by 0.3%, compared to June, reaching 21%, according to data announced by Eurostat. 18.446 million unemployed were recorded in...

Greece’s economy is returning to growth

The growth rate for 2017 will be slightly under 1.5%, according to a study by the Foundation for Economic and Industrial Research (IOBE) presented...

IMF forecasts accelerated growth for Greece

The International Monetary Fund (IMF), in its World Economic Outlook report, forecasts accelerated growth for Greece’s economy and a decrease in the unemployment rate....

OECD foresees 1.1% growth for Greece this year

In its mid-year report on global economy perspectives (Economic Outlook), the Organization for Economic Co-operation and Development (OECD) foresees 1.1% growth for Greece’s economy...