EMPLOYMENT

Fourth minimum wage increase
ECONOMY

Minister of Labor and Social Security Domna Michailidou spoke about the government’s decision to proceed with the fourth consecutive increase of the minimum wage on radio station Parapolitika on Wednesday.


IOBE calls for measures to stem demographic trend
EMPLOYMENT

Demographics is a matter of “major importance” for Greece due to the serious challenges it causes both in terms of economic development and social stability, according to the Foundation for Economic and Industrial Research

Urgent need for workers from abroad
EMPLOYMENT

Money from the Recovery Fund may be lost, especially on Crete, because mainly small and medium-sized contractors have been left without staff and cannot carry out the projects they have undertaken.


Jobless rate drops in Cyprus
UNEMPLOYMENT

The latest data from the Cyprus Statistical Service (CyStat) reveal a positive shift in the country’s economic landscape.


Jobless rate at 10.5% last quarter
ECONOMY

The unemployment rate in Greece dropped to 10.5% in the fourth quarter of 2023, down from 10.8% in the third quarter of the same year and 11.9% in the fourth quarter of 2022, according to the results of the Labor Force Survey for the fourth quarter of 2023, announced by the Hellenic Statistical Authority (ELSTAT) on Thursday.

Labor program giving people another stab at life
ECONOMY

A program launched a year ago providing subsidies to companies to hire former drug addicts, ex-convicts, victims of gender-based violence and human trafficking, and others to assist them in re-entering the labor market has reportedly been crowned with success.

Working pensioners stand to reap benefits
ECONOMY

Working pensioners have four months to apply on the special platform of the Single Social Security Entity (EFKA) to have the 10% special contribution deducted from their wage which will eventually lead to an increase in their pensions to the tune of up to 3,500 euros annually. 



Incomes still haven’t recovered
ECONOMY

This year may be the sixth since Greece’s emergence from the bailout mechanism, but the return of incomes to pre-2010 levels is far from being a reality.