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Tag Archives: data

More than 200K of Greece’s very poor apply to Humanitarian Crisis Relief Program

Exactly 212,897 Greeks have submitted so far requests to be part of the Humanitarian Crisis Relief Program of the Greek government. The majority of the needy seek help with food, while a percentage seeks financial aid to pay rent and an even smaller percentage needs free electricity. According to data …

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Greek government spending decreasing, but debt/GDP high

There is certainly something wrong with the bailout and strict austerity program imposed by the creditors on Greece, so far. Government spending has been constantly decreasing but the debt/GDP ratio remains high. In fact it is higher than before the bailout in 2010… “Latest Greek data show government spending -21% …

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Poverty and long-term unemployment are two Greek facts…

Poverty in austerity-hit Greece is a fact. According to the recently published EU data on Labor, incomes have dramatically decreased since 2010, since the country sought the ‘rescue’ via the International Monetary Fund. “Most affected by the income decrease are the vulnerable society groups. Real income in low income groups …

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Shocking! 6.3million Greeks live in poverty or are at risk of poverty

It was high time that the real data of the economic situation of the Greek society come to the surface! 2.5 million Greeks live below the line of relative poverty and another 3.8million people are at risk of poverty! A total of 6.3million people, which means more than half of …

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Labour Ministry: 33% of Greek pensioners get €360 gross, another 33% gets €675

for the first time since the country sought the ‘economic rescue’ by the IMF, Greek Labor Ministry published a full record of the number of pensioners and pensions distribution. The data has been collected for 93 social insurance funds. For the vast majority of Greece’s seniors the pension is very …

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Hydrocarbon research in Westen & South Greece ends successfully

“The data collected during the geophysical research for the location of underwater hydrocarbon fields in the Ionian Sea and south of the island of Crete is very good,” Petroleum Geo-Services (PGS) executive vice-president Sverre Strandenes said upon the return of the Nordic Explorer research vessel to the southern port city …

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Greek commerce sector report paints bleak picture

Employment in the Greek commerce sector shrank by over 12 percent in the past year and there is going to be no improvement in 2013, a report by the sector΄s main association claims. In a preview of its annual report, set to be released Monday, the National Confederation of Greek …

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Greece Will Levy Ship Owners; Golden Dawn Supported Tax Exemption

The additional austerity package adopted by the Greek Parliament on Wednesday includes a provision that will force ship owners, long accused of enjoying lavish fiscal privileges, to pony up at least 140 million euros. The provision initially called for a “voluntary” contribution to the state coffers, but Finance Minister Yannis Stournaras withdrew …

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“The Health is Bleeding”: Protesting Doctors Cover Hospital Front with Blood

Trainee doctors in Attica state hospitals had an original idea to draw attention at the shortages and shortfalls in the Greek health care sector that is falling apart. During a protest on Tuesday morning, they doused artificial blood at the front of Evangelismos, the biggest state hospital in Athens. With …

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One in Three Greeks Work Without Social Security

One in three Greeks work without social security. According to data collected from the country’s biggest insurance fund IKA for the time between January-July 2012, controls conducted by labour inspectors showed that 12,629 employees were working without social security. That is, people work without enjoying any health care or having any perspective to get …

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Why Can’t Greece Obtain Tax-Cheat CDs with Data from Swiss Banks?

“Because these CDs have been classified as products of industrial espionage by the Swiss banks.” This is what Deputy Finance Minister Giorgos Mavraganis replied to a question posed by members of main opposition party, left-wing SYRIZA. “For the acquisition of such CDs there have been also issued arrest warrants,” Mavraganis …

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Unemployment Hits New Record 17.5% – 900K Greeks Without Job

Unemployment in Greece hits the one record after the other as recession and incredible taxes crack down the spine of the country’s economy. According to Greek Statistics Authority unemployment reached 17.7% in the months July, August and September 2011, traditionally the months were unemployment sinks due to seasonal jobs. In comparison, in the same …

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Greece: Unemployment hits new record with 16.2%

Each and every month unemployment in Greece hits new records, with the latest report of the Greek Statistics Authority  to state that the jobless rate for  March climber at 16,2% !  A month earlier, February 2011, the jobless rate was at 15.9% , while a year earlier (Marc 2010) the rate was …

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