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PEPSICO Shuts Down Plant in Central Greece

PEPSICO-IVI announced changes in the supply chain of soft drinks in Greece by shutting down the plant at Oinofyta, as the official company statement says. The Oinofyta plant is the main production unit of PepsiCo-Ivi products. It started operating in...

Randstad Survey: 40% of Greeks Fear Losing Their Job

  According to the latest Randstad Workmonitor survey, four out of ten Greeks fear losing their jobs in the near future. The survey took place from July to September 2016 and revealed that 40 percent of men and 39 percent of...

IKA Released Salary Data for Greece: 400 Euros/Month for PT Employment

The largest Social Security Organization in Greece released data on average rates of pay. The statistics show that the average part-time worker in Greece is paid 400.84 euros per month (23.58 euros per day). An average full-time salary is...

Employment Increases but Wages Decrease to Under 400 Euros Per Month

Flexible, cheap work agreements are becoming the norm in Greece with young people under 29 years most affected. Data by Ergani Center for the Support of Employment and Entrepreneurship in Women found that one in two recruitments from a...

126,956 Greek Employees Get Paid Less Than 100 Euros Per Month

Thousands of Greeks are getting paid salaries lower than 1-year unemployment benefits offered by the Greek Manpower Employment Organization (OAED) at 360 euros per month. The Ministry of Labor sent its shocking report to a committee of experts reporting...

IMF: Greece Is a Special Case Regarding its Rescue Program

The failure of the Greek bailout program was due to a variety of factors, said International Monetary Fund Communications Director Gerry Rice on Thursday. Comparing the success of the rescue programs in Ireland, Portugal, Cyprus and Latvia, to Greece's bailout...

Eight in Ten Greeks Live on Less than €1,000 a Month

The completion of the third bailout program in 2018 will find 90% of Greeks declaring income less than 12,000 euros per year, while at the moment the number is 80%, a Kathimerini newspaper report says. At the moment, 80% of...

Greek Rail Strike from Friday July 8 Until Tuesday July 12

Rail services in Greece will be suspended from Friday July 8 until next Tuesday July 12 due to strike action by TRAINOSE workers. The strike will affect trains throughout Greece, including the Proastiakos service that runs to Athens airport....

OECD Study Shows Greeks Lag Behind in Skills and Aptitude

The recent report by the OECD on Greek manpower found that Greek adults lack skills compared to the rest of the world despite the fact that lessons and teaching methods at Greek schools have been harmonized with international standards....

Creditors Quartet Wants Greece to Hurry With Reforms to Avoid Brexit Backlash

A European official in Brussels told Greek journalists that the Greek government should accelerate efforts to adopt the economic program it has agreed to so that unnecessary consequences of the Brexit aren't felt in the country. Greece's daily newspaper,...