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Tag Archives: rise

Greek gov’t says to raise pensions as compensation for scrapping of poverty allowance

The Greek government plans to raise pensions to low-pensioners as a compensation for scrapping the poverty allowance (EKAS) to thousands of people as demanded by the country’s lenders. Speaking to Sto Kokkino FM, deputy minister for Social Security, Tasos Petropoulos, said that low-pensioners of less than 700 euro per month …

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Greece’s annual inflation rose 1.1% in November

Greece’s annual inflation rate rose to 1.1 pct in November this year, from 0.7 pct in October and -0.9 pct in November 2016, the Hellenic Statistical Authority ELSTAT said over the weekend. The statistics service, in a monthly report, attributed this development to an increase in the prices of tobacco, …

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Greece’s Bank deposits rise in September 2017

The Bank of Greece (BoG) announced that private sector deposits in the country increased by 52 million euros in September, compared to the previous month, reaching 1.047 billion euros in the country. The annual growth rate stood at 4.6 percent on a monthly basis, as capital controls remain in force …

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The winner in Athens and Attica is …Golden Dawn

The winner of Sunday’s municipality and regional elections is … extreme-right Golden Dawn. The party whose members face charges for establishing a criminal gang, doubled its rates from the last parliamentary elections in Athens and Attica region. Ilias Kasidiaris, GD spokesman who is free on bail, a mayor candidate for …

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Greece moves forward: Employment on the rise

Employment was on the rise in the month of April, Greek Labor Ministry said on Wednesday. According to the data released, almost 30,000 people were hired – even though mostly temporary workers in the tourism industry. Data collected through the ministry’s Ergani database system showed 29,298 more people were hired …

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