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State Arrears to Private Sector Up in January

Greek State arrears to the private sector grew by 292 million euros in January to 3.602 billion euros, from 3.310 billion in December 2016,...

Government Aims to Receive 1.8-bln-Euro Tranche to Repay Debts to Private Sector in March

The Greek government aims to receive 1.8 billion euros in March which will be spent to repay state debts towards the private sector, sources...

New Debts to the Private Sector Pile Up as Greek Government Repays Previous Debts

While the Greek government has begun to repay its debts to the private sector, new debts are starting to pile up, according to the...

State Debts to Private Sector in Greece Delay up to 4 Years

While the Greek state is pressing on debtors to repay their dues, state debts to the private sector take up to four years to...

Private Sector Union GSEE Rejects Greek Creditors’ Changes on Labor Laws

The head of the country’s private sector union, GSEE, said on Tuesday he is rejecting the demands made by Greece’s creditors on changes in...

Wage Employment in Private Sector Up in March

Wage employment in the private sector grew in March as the hiring/dismissal balance showed a surplus of 29,351 job positions, official data showed on...

Greek Private Sector Employers Owe an Average of 5 Monthly Salaries to 1 Mln Employees

The economic crisis in Greece has hit hard private sector employees with one million of them remaining unpaid for an average of five months,...

Overdue Debts to Private Sector Still Out of Budget

The payoff of overdue debts to businesses and pensioners is still out of the budget. Up until the end of September the debts have...

Public and Private Sector Address Global Issues at the 2015 Concordia Summit

The fifth Annual Concordia Summit convened some of the world’s preeminent thought leaders and decision makers to address today’s most pressing, global challenges and...

Greek Private Sector Loses 19% of its Workforce in 5 Years

The Greek private sector suffered a heavy blow in the last five years (2009-2014), according to new research conducted by Grant Thomson firm. In...