euro area

Greece Records Lowest Adult Learning Participation in the EU

Greece has the lowest adult learning participation rate in the European Union, according to new data from Eurostat. Only 5.2% of Greek adults aged 25 to 64 reported taking part in formal or non-formal education and training in the...

The Household Expenses That Set Greece Apart From the Rest of the EU

New figures from Eurostat show that food, dining out, and transportation now account for more than half of all household expenses in Greece. The data, reflecting spending patterns as of January 2026, give one of the clearest pictures yet...

Diesel Prices in Greece Surge 12.1%, Third-Highest Rise in EU

Diesel prices in Greece climbed sharply in July, posting one of the largest monthly increases recorded across the European Union, according to new data from Eurostat. Prices rose 12.1% compared with June, placing Greece third among the bloc's 27...

Greece Cuts Household Debt by 43% Since 2012 Peak

Greece has reduced household debt by 43% since it reached its 2012 peak, one of the sharpest declines recorded anywhere in the European Union, according to new Eurostat data. The debt burden of Greek households, measured as a share...

Cost of Labor Increased By 2.2 Percent in Euro-Area, Data Reveals

The cost of labor was increased by 2.2 percent in Euro-area during the second quarter of 2018, according to data published by Eurostat. This didn’t happen due to higher wages but mainly because of the increase in taxation of labor. Across...

George Soros: Greek Default May Not Result in Greece Euro Exit

Billionaire investor George Soros said a default of Greece may not have to result in an exit of the country from the euro area. “Greece may pose a problem if it in fact defaults but defaulting by itself doesn’t necessarily...