ECONOMY

Construction deficit of some 55,000 workers
CONSTRUCTION

Funds of more than 52 billion euros are to be mobilized in the construction sector (public, private projects and residential property building) in the period 2024-2026.


Professions with salary raises
EMPLOYMENT

The increase in the minimum wage also creates pressures for salary increases for other employees in Greece, especially in small businesses and some industries, such as services.

European prices with Balkan purchasing power
ECONOMY

Despite the increase in the minimum wage in 2023, Greece’s gross domestic product (GDP) per capita expressed in purchasing power standards is 67% of the European average, according to Eurostat. 


Halloumi and pharma boost Cyprus trade
EXPORTS

Cyprus’ main exports for 2023 included mineral fuels and oil, halloumi and pharmaceutical products, according to the Cyprus Statistical Service (CyStat).

Primary budget surplus of 3.38 billion euros
ECONOMY

The state budget primary balance on a modified cash basis amounted to a surplus of 3.38 billion euros in January and February, against the primary surplus target of €1.98 million, according to the Finance Ministry.


Is Greece reformable?
OPINION

On the question of whether Greece is a country that can change, my answer is affirmative. Yes, Greece is a country where reforms can be made that improve the quality of democracy, strengthen the economy and change the lives of Greeks for the better.



Ferreira meets economy ministers in Athens
ECONOMY

National Economy and Finance Minister Kostis Hatzidakis and his deputy Nikos Papathanasis received European Commissioner for Cohesion and Reforms Elisa Ferreira for a meeting in Athens on Thursday.