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One in Two Private Sector Employees in Greece Earn Less than €800 per Month

One in two employees in the private sector in Greece earns less than 800 euros per month, while only 11 percent of public sector employees earn less than that, a new study shows. The figures come from the annual report...

Factories Close Down While More Cafes and Restaurants Pop up in Greece

The Greek economy cannot generate added value products and services and is almost exclusively dependent on domestic consumption, a new study shows. The study on Greek entrepreneurship that was conducted by Endeavor Greece shows that the Greek economy is still...

Parliamentary Budget Report: More Delays Could Cost Greece 4th Memorandum

The latest report from the parliament’s budget office is not favorable for the Greek government and its negotiating tactics. The report warns that any further delays in the completion of the second review would lead to a fourth memorandum,...

Report: Greeks Severely Underemployed, New Jobs Pay Less Than €600 Monthly

New jobs are offering increasingly low salaries in Greece according to data from the Labor Ministry’s Ergani database. According to the data presented in the report which analyzes the salaries of Greeks, in 2015 one in two workers in Greece were paid...

Greece European Champion in Unemployment With 1.1 Mln Jobless

For another month, Greece ranks first in unemployment in the European Union with about 1.1 million jobless, according to Eurostat. The European statistical authority figures show that unemployment in the country remains above the 20% "red zone," more than double...

Greece's 'Brains' who Emigrated Ask for Meritocracy to Return

"I would return to Greece if..." was the crucial question that the Brain Gain initiative posed to Greek professionals and scientists who fled the country to seek employment and a better future abroad. Brain Gain is an initiative of Greek professionals...

Over 37,600 Jobs Lost in November in Greece

Over 37,600 salaried employees in the private sector lost their jobs in November, according to Greece's labor ministry figures released on Monday. According to the labor ministry's Ergani computer system, an upward turn in employment shown in the summer months...

Bertelsmann Scale: Low Scores for Greece in Social Justice Index

The annual EU Social Justice chart was presented by the German Bertelsmann Foundation. The chart, created by the foundation that is the North American Arm of the German-based Bertelsmann Stiftung, suggests that Greece is the least fair society in...

Adecco Releases 'Employability in Greece 2016' Survey Showing Gap Between Skill Set and Demand

Adecco staffing agency recently released data from their survey, Employability in Greece 2016 which examined the skills set that young entrepreneurs posses in comparison to what employers are looking for when hiring. According to 7 out of 10 entrepreneurs, the...

ManpowerGroup Says 59% of Greek Employers Can't Find Qualified Candidates to Hire

Six out of 10 employers in Greece are finding it difficult to fill their vacant job positions, ManpowerGroup said in its annual international talent shortage report for 2016 released on Thursday. For 2016, ManpowerGroup said that 59 percent of employers had...