Eurostat

Driven down by relentless austerity measures, Greek government debt fell from 170.3 percent of Gross Domestic Product in 2011 to 156.9 percent at the end of last year, according to figures published by Eurostat, that also showed the  deficit...

According to statistical data released on April 11 by Eurostat, an improvement has been recorded in Greece about early leavers from education and training. Specifically, in 2012 the percentage of early school leavers in the country declined to 11.4%...

In the last four years, the labor cost per hour in Greece dropped by 11.2 percent according to data Eurostat published on April 10. According to Eurostat, Greece is the only country in the Eurozone where the cost of the...

Unemployment across the 17-nation euro currency bloc has hit 12 percent for the first time. The European Union's statistics office, Eurostat, said Tuesday that this was the jobless rate in both January and February. In all, it estimated that more...

A significant side effect of Greece's crushing economic crisis has been a drastic reduction in the amount of energy being used, according to the European Union's statistics agency Eurostat. From 2008-11 the figures showed that Greece and Ireland recorded...

Given the huge economic crisis that Greece is struggling with, price escalation has been observed in key categories of everyday life such as food. The opposite however, seems to be happening  as far as clothing and footwear prices are concerned...

As Greek government officials insist that the worst of Greece’s economic crisis is coming to an end despite a sixth year of recession, the country’s unemployment rate soared to 26.8 percent in October, 2012, surpassing Spain, at 26.1 percent,...

With retailers desperate for customers and hoping an ongoing annual sales period with discounts up to 80 percent will bring them back, fearful Greeks are so worried about the country's crushing economic crisis that they have slowed spending almost...

Contradicting Greek prosecutors who want an investigation into whether Greece’s statistics agency ELSTAT manipulated numbers in 2009 to force the country to seek an international bailout, the European Commission said the agency’s head, Andreas Georgiou, gave accurate reports. The European...

It may not matter much in the aftermath of  deep pay cuts, big tax hikes and slashed pensions, but Greece at least has the European Union's lowest inflation rate, a mark of 0.3 percent recorded in December, 2012 and...