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Hellenic Statistical Authority (ELSTAT)

ELSTAT: Greek Museums See Visitors and Revenue Increase

The Hellenic Statistical Authority (ELSTAT) released data showing a 19.1% increase in the number of museum visitors across Greece in March. Furthermore, the report noted that museum revenues also increased by 14.7%, compared to the same month in 2014. During the first quarter...

Legislation for Bailout Deal Submitted to Greek Parliament

The legislation for the deal between Greece and its international creditors for a European Stability Mechanism (ESM) package was submitted to the Greek Parliament on Tuesday evening with an urgent status. The legislation is composed of two articles. One contains the agreement reached during the...

ELSTAT: Greek Unemployment Rate Dropped in April 2015

Unemployment in Greece dropped to 25.6% in April 2015, a slight improvement compared to the 25.8% rate in March. The number of unemployed Greek citizens amounted to 1,216,870, mainly young people (53.2%) and in the most productive age group...

Greek Trade Deficit Down 11.6% Between January and May

Greek trade deficit shrank by 24.2% in May as imports fell drastically during the month, pushing it 11.6% lower in the January-May period, the Hellenic Statistical Authority (ELSTAT) said on Wednesday. ELSTAT noted that the value of import-arrivals totaled 3.583 billion euros in May,...

The 2009 Deficit Was Artificially Inflated, Former ELSTAT Official Tells Greek Parliament

Greece's deficit figures for 2009 and 2010 were deliberately and artificially inflated, and this was at least partly responsible for the imposition of bailouts and austerity programs on the country, a former vice president of the Hellenic Statistical Authority (ELSTAT), Nikos...

Unemployment Rate in Greece Shows Increase in Q1

Greece's unemployment rate increased to 26.6% in the first quarter of 2015, compared to 26.1% during the fourth quarter of last year, according to the non-seasonally adjusted data published by the Hellenic Statistical Authority (ELSTAT) on Thursday. The highest unemployment rate recorded in...

Pension Cost in Greece Reaches 16-Year High at €28 Bln Annually

As the number of pensioners in Greece increases rapidly, pension costs reach a 16-year high at 28 billion euros per year. While creditors press for pension cuts and a stop to early retirement, the cost of pensions puts security funds...

Greek Parliament Investigating Committee on Memoranda Unveils Witness List

The Parliamentary investigating committee set up to examine the causes of the Greek crisis and the reasons that the country was pushed into accepting bailout Memoranda, unveiled a list of witnesses on Wednesday that it hopes to summon,...

Greek Govt Expects 3.7 Bln Euros in Revenues from Reforms Package

The Greek government expects 3.7 billion euros of revenues from the introduction of a reforms package currently discussed with the country’s creditors in the Brussels Group. The reforms include, among others, the introduction of taxes on Greek citizens’ deposits abroad –...

Greek Unemployment Drops, But Still High at 25.8 Percent

Unemployment in Greece dropped slightly, but remains high, reaching 25.8 percent in November. According to a report by the Hellenic Statistical Authority (ELSTAT) published on Thursday, figures show that the Greek economy is shyly emerging from a six-year recession. November's statistics...