Greece ranks among the EU countries with the highest proportion of low-paid workers. Specifically, 21.7% of workers earn two-thirds or less of the median gross hourly wage—placing Greece fourth after Bulgaria, Romania, and Latvia. The EU average is 14.7%, while in the Eurozone it’s slightly lower at 14.3%.
Despite this, the BoG maintained its forecast for the growth rate of the Greek economy in 2025 unchanged at 2.3%, a performance much higher than the average of the eurozone
Stournaras’ comments come against the backdrop of European Union countries weighing approval of a first set of targeted countermeasures on up to $28 billion of US imports from dental floss to diamonds in the coming days.
The rating agency Fitch has upgraded Greek banks, citing improved credit profiles, strong profitability, and reduced non-performing exposures (NPEs), while also forecasting Greece’s continued economic outperformance compared to the Eurozone
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February. The high prices in Greece highlight the ongoing cost-of-living pressures in the country.
Fixed interest rate for debt arrangements provides for an amendment of the Ministry of Households - Window of time for out-of-court resolution of tax disputes - New exemption from ENFIA for affected areas
