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Greek Labor Market Records 19-Year Low in March Due to Coronavirus Lockdown

According to Ergane, the Information department of the Greek Ministry of Labor, the Greek labor market recorded extremely negative numbers for employment in March of 2020. According to Ergane's data, the Greek labor market recorded a total of 41,903 fewer jobs...

Greek Exports Show Signs of Standing Strong Against Global Turmoil

Greek exports have shown signs of withstanding external pressure and the economic and political turmoil that characterizes today's global economy. This was obvious according to the latest figures available concerning the country's exports for 2019, as published recently by the...

Number of Tourists Rises but Greek Hotels Suffer from Online Renting Platforms

A paradox has been recorded in 2019 in regard to Greece's tourism sector. While the country experiences one of the best periods in its history in terms of number of visitors, its hotels have been suffering from lower earnings, due...

Nineteen Companies and Institutions ''Adopt'' Athens' Streets for Public Christmas Decoration

A total of nineteen businesses, institutions and associations recently ''adopted'' avenues and streets in the Greek capital to sponsor the Christmas decorations for this year. Following an invitation issued by mayor of Athens Costas Bakoyannis, representatives of these companies and...

EU Commission Predicts 2.3% Growth for Greece in 2020

The Greek economy is expected to grow by 1.8 percent this year and 2.3 percent in 2020, the European Commission said in its autumn forecasts released in Brussels on Thursday. The EU's executive body said it expected Greek GDP to...

Greek Parliament to Adopt European Data Protection Law to Avoid EU Penalties

A plenary debate on proposed legislation regarding data privacy, which incorporates EU directives into Greek national law, opened in the Greek parliament on Monday, using fast-track procedures. This comes as a result of a recent decision by the EU to...

''Apodixi Please'': Greece's Campaign to Inform Tourists About Tax Evasion

The Greek authorities launched recently the campaign dubbed ''Apodixi, Please'', meaning ''Receipt, Please'', in order to inform tourists on how to ask for a receipt from business owners, in order to reduce tax evasion in the country. As the website...

Shops Vandalized in Central Athens Now Seek Compensation From the State

Constantinos Michalos, the President of the Athens Chamber of Commerce & Industry (EBEA) called on the Greek authorities on Saturday to compensate the businesses that were vandalized on Thursday night in central Athens. A group of supporters of the convicted...

Latest Data Reveal Greek Inflation on the Rise

ELSTAT, Greece's official statistics authority, released its latest data on the country's annual EU-harmonized inflation on Friday, which showed a slight increase in prices overall. From one percent inflation seen in March of 2019, the figure increased to 1.1 percent...

Greece Among The Regions Benefitting Least From EU Single Market

A study conducted recently by the Bertelsman Foundation found that regions in Greece are among those benefitting the least from the EU's Single Market. The Single Market refers to the EU as one single territory without any internal borders or other...