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Private Sector Deposits up 305M Euros in August‏

Private sector deposits in Greek banks grew by 305 million euros in August, after a decline by 1.397 billion euros in July, totaling 121.138...

Public and Private Sector 24-Hour Strike Paralyzes Greece

Greece is paralyzed after the 24-hour general strike of the General Confederation of Greek Workers (GSEE) and the Greek Civil Servants' Confederation (ADEDY) on...

562 Public Employees Fired, Optimism in Private Sector

A total of 562 public employees have been fired in 2014 for gross misconduct, the Ministry of Administrative Reform announced Tuesday. In 2012 and 2013,...

Bank Credit to Private Sector Falls Further in July‏

Bank credit to the domestic private sector remained negative in July, with the annual growth rate of total credit extended to the domestic private...

No Marriage and Child Benefits to Private Sector Employees

According to Imerisia newspaper, the new collective agreement for private sector employees signed this month does not provide for marriage and child benefits. Up...

Bank Credit to Private Sector still Negative in May

Bank credit to the private sector remained negative in May, with the annual growth rate of total credit extended to the domestic private sector...

Private Sector Greek Employees Say No to Work Hour Extensions

  Employ unions of the private sector have reacted after a recent decision was made by the Regional Council of Attica. In particular, the Regional...

Civil Servants Paid More than Private Sector Employees

As shown by a recent European Commission report, the private sector is slowly losing its former glory. It appears that nowadays, the salary of...

Greek Private Sector Union Calls Strike on November 6

Greece's umbrella union for private sector workers, the General Confederation of Greek Labor (GSEE), on Wednesday announced a 24-hour strike on November 6. Both GSEE...

Private Sector Deposits in Greek Banks Increased 0.5 Percent in March

Firms and consumers stopped pulling their money out of Greek banks in March, European Central Bank data showed on Monday, giving some respite to...