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Tag Archives: private sector

Greece’s private sector deposits down in November

Deposits placed by the private sector decreased by 591 million euros in November 2022, compared with a decrease of 550 million in the previous month and the annual growth rate decreased to 4.5% from 5.9% in the previous month, the Bank of Greece said on Thursday. The central bank, in …

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Greece’s unions to launch a 24h general strike on Nov 9

Greece’s umbrella unions of the public and private sector ADEDY and GSEE have called for a 24-hour general strike on Wednesday, November 9, 2022. Purpose of the general mobilization is to protest the rising prices in all sectors of life in the country. The unions participating in the strike accuse …

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Diagnostic centers on 3-day strike: No tests, screening for insured patients

Diagnostic centers, laboratories, polyclinics and clinical laboratory doctors have launched a three-day strike across Greece. The strike will leave patients insured at the National Health Care Organization (EOPY) without diagnostic tests and screening in private health sector, while public hospitals are “eternally” overwhelmed. The three-day  strike extends from Monday, July …

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Operation of public and private sector in Attica & Crete Jan 27

Normalcy will partly return to Attica and Crete tomorrow Thursday, 27. January 2022, after two days of “obligatory holiday” due to snow weather Elpis. According to an announcement by the government spokesman the instructions about the operation of the public and private sector as well as the retail and schools …

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Emergency measures for Attica due to weather front Ballos

Greece’s  Civil Protection announced emergency measures for Attica late on Thursday due to bad weather front Ballos that is forecast to strike again from the early morning Friday, October 15, 2021. Measures have been announced also for regions forecast to be hit Ballos, too. The measures were decided during an …

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Greece’s PM announces lower taxes, social security contributions

Prime Minister Kyriakos Mitsotakis announced on Thursday five measures to lower taxes and social security contributions for workers and businesses. The package of reductions is worth 2.5 billion euros. He said the measures will allow companies that sustained losses during the pandemic to return to profitability and will also pump …

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Greece sets price cap for PCR, Rapid tests at private health facilities

Greece is setting maximum prices for Covid-19 tests, molecular PCR and Rapid Test carried out at private health facilities, authorities announced on Friday. The price cap will be set by the Ministry of Development and with a legislative amendment to be tabled to Parliament soon. Speaking at the live briefing …

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32.8% of Greek employees could work from home, says report

32.8% of employees in Greece could work from home, a report by the Centre of Planning & Economic Research (KEPE) said on Monday.The report uses data from 2019 and makes use of the occasion of the lockdown experience due to the coronavirus outbreak. According to the report, 1,263,000 workers in …

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Labor conditions in Greece worsened for 90% of private sector employees

Nine in ten employees in the private sector in Greece faced worsening labor conditions in the years of the debt crisis, according to a survey carried out for the General Confederation of Greek Workers (GSEE) on the occasion of the 100th-year anniversary of its founding. The 90 percent of respondents …

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Greece’s bank deposits record an increase in July 2018

Private sector deposits in Greece’s banks increased by 841 million euros in July, Bank of Greece said on Tuesday. Deposits stood at 130.2 billion euros in July when they were 129.4 billion the previous month. In July 2018, the annual growth rate of total credit extended to the economy stood …

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Greece’s private sector bank deposits increased for 3. consecutive month

Private sector bank deposits increased for a third consecutive month in July 2017, according to the Bank of Greece (BoG), with the total reaching 121.25 billion euros during that month, nearly a billion euros above the figure for the previous month of May 2017. “Nevertheless, deposits in the still bailout-dependent …

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45% of Greece’s pensioners live below poverty line

45% of Greece’s pensioners live below the poverty line. They receive monthly pensions below 665 euro gross. The data has been released by the Greek Pensioner’s Network and shows the dramatic situation in which 1.2million pensioners experience after the repetitive cuts and hikes for health contributions. Unions stress that 13.7% …

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