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Society

Athens Rents Up by 17% Over Last Year

Rents for properties in central Athens increased significantly over the last year, mainly due to the demand for short-term occupancy by platforms like Airbnb, according to the Greek renting site Spitogatos. Central neighborhoods in the Greek capital such as Mets, Exarcheia,...

ILO Finds Real Wages in Greece Fell by 3.5% in 2017

According to a study published by the International Labor Organization (ILO), real wages in Greece fell by 3.5 percent in 2017, the biggest decline recorded since 2013. This figure is the highest among the EU member states, with only Azerbaijan...

Greek Banks Ready To Agree on New Home Protection Plan

The Hellenic Bank Association is ready to agree with the Greek government on a new plan which aims to protect the primary homes of property owners. Just as importantly, the new  plan will not create any unwanted financial side-effects,...

Wages in Public Sector Rose for Last Three Years; Private Sector Fell

According to the ERGANI database of the Greek Labor Ministry, the wages the Greek State paid to its staff rose by the impressive figure of 16.7 percent from 2014 to 2017. The information was released following a request from...

'Staramaki': A New Type of Kalamaki From Kilkis

There could be a new food item on the Greek horizon, "Staramaki"! An alternative form of the famous Greek kalamaki, or souvlaki, it could be produced by wheat from the area of Kilkis, in Central Macedonia. Wheat from Greece currently faces...

Report: Nearly Half Greece's Active Population Out of Work

According to the Hellenic Federation of Enterprises' weekly economic bulletin published on Thursday, 44.7 per cent of the economically active population in Greece is out of work. More specifically, between the ages of 15 and 64 years old, 55.3 per...

Cyprus: Unemployment Hits 9-Year Low

The number of the unemployed individuals registered with Cyprus’ District Labor Offices declined in October to the lowest level in nine years, according to data released on Monday by the Cyprus Statistical Service (Cystat). According to Cystat, the number of...

Greece's Unemployment Falls To 19 pct in July, Data Reveals

Greece’s unemployment rate fell to 19 percent of the workforce in July from 19.1 percent in June and 20.9 percent in July last year, according to the Hellenic Statistical Authority's report released on Thursday. The statistics service, in a monthly report,...

'Greeks Are Insecure, Suspicious and Introverted' According to Survey

World Values Survey (WVS) cooperated with Dianeosis, a nonprofit think-tank, and Greece's National Center for Social Research (EKKE) with the support of Metron Analysis to conduct a survey on a sample of 1,200 people in Greece between September and October...

UN World Happiness Report Ranks Greece 87th Out of 155 Countries

The United Nations annual World Happiness report has revealed that out of 155 countries, Greece ranks 87th in happiness. The report takes into consideration several factors which contribute to the happiness of a society, including income, social services, freedom, trust...