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Greece's Budget Deficit Reached 9.1pct of GDP in 2011

Greece's budget deficit reached 9.1 percent of gross domestic product (GDP) last year, in line with expectations, compared to a downwardly revised shortfall of...

Inflation Drops To 7-Month Low

Greece's consumer price inflation slowed to the lowest level in seven months in March, data released by the Hellenic Statistical Authority showed Monday. The consumer...

Jobless Rate Hits New Record in Q4

Greece's jobless rate rose to a fresh quarterly record of 20.7 percent in the last three months of 2012, reflecting the country's deep economic...

Visitors Flooded Archaeological Sites And Museums of Greece During 2011

Visitors flooded Greece's archaeological sites and museums in 2011 as the country's tourist industry, and especially the newly-liberalised cruise sector, registered record figures. According...

Greece’s Lost Generation: 51.5% Out of Work

ATHENS – Austerity measures imposed by international lenders in return for bailouts to keep the country from defaulting are taking their toll on Greek...

Unemployment Hits New Record High in December at 21%

Greece΄s jobless rate rose to a fresh record of 21 percent in December from 20.9 percent in November, statistics service ELSTAT said on Thursday,...

Lawmakers Approve Committee To Examine Statistics Office

Greek lawmakers approved Thursday a proposal to set up an examining committee to assess whether the country's statistics service used methods that exaggerated the...

Greek Economy Slumps Further In Fourth Quarter

Greece was plunging deeper into recession at the close of last year, documenting the devastation of the country's economy even before new austerity plans...

Cuts Drive Greek Unemployment to Record High‎

Greece’s unemployment rate rose in November to a record high, while declining industrial production in December indicated a deepening economic contraction in the final...