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ELSTAT: Greek Statistics Show Deepening Recession in First Half of 2016

The Hellenic Statistical Authority (ELSTAT) announced the GDP for the 2nd quarter for 2016. Seasonally adjusted data showed that GDP in the second quarter increased by 0.2 percent compared to the first quarter against an increase of 0.3 percent...

Four Out of 10 Greeks Are Poor and Face Social Exclusion

The Hellenic Statistical Authority (ELSTAT) released the results of the 2015 Survey on Income and Living Conditions of Household for the income period of the year 2014. The survey is the main source of comparable statistics on income distribution...

Eurostat: Greece Granted 16,200 Citizenships in 2012

Almost 818,000 migrants became citizens of the 28 European Union countries in 2012, according to figures released by Eurostat yesterday. Greece granted 16,200 citizenships and Cyprus 2,300. In 2012, 4% more citizenships were granted compared to 2011. More than 85%...

Eurobarometer Survey: Greeks Have Degrees But No Skills

According to a survey released by Eurobarometer, 43% of Greek citizens and 25% of Europeans report that their education and training do not meet the requirements of the labor market. In fact, 43% of Greeks claim that the education they received...

Thousands of Greeks Fleeing to Australia Due to Crisis

According to statistics of the Department of Immigration 33,951 Australians, Greek Australians and Greek migrants and visitors arrived in Australia during the 2012-2013 financial year. This significant number of fleeing Greeks reflects the impact of the economic crisis. The majority...

IOBE: Recovery of the Greek Economy

The Foundation for Economic and Industrial Research (IOBE) presented its latest report on the Greek economy today with positive estimations showing a slight decline in the recession and unemployment. IOBE estimates that the recession of the Greek economy this year...

Eurostat: Greece Below EU Average GDP Per Capita

According to latest Eurostat release, Greece remains below the average of the EU both in terms of GDP/capita and Actual Individual Consumption. AIC is a new indicator, which is more reflective of the real economic situation of individuals that...