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E.Tsiliopoulos

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Athens: 14% rise in tourist arrivals in Q1

Athens recorded a 14 percent increase in tourist arrivals in the first three months of 2017 compared with the same period last year, according to data presented on Thursday by city mayor George Kaminis and Aegean Airlines Vice President Eftihios Vasilakis in a joint press conference. 

Felony charges against former central banker and Piraeus Bank head

An economic prosecutor on Thursday brought felony charges against the former Bank of Greece (BoG) governor George Provopoulos, the former Piraeus Bank chairman Michalis Sallas and a number of executives from both banks on Thursday, for actions in 2009 that harmed the reserves of pension funds.

Economic recovery could lead to rise in wages

One in 10 workers in Greece has part-time employment, while in the EU-28 the part-time employment rate is double (two in 10 workers), the Federation of Hellenic Enterprises (SEV) said in its weekly bulletin on the Greek economy.
In both regions, part-timers work an average 20 hours per week, with the manufacturing sector showing relatively low part-time employment levels (equal to the EU-28 average), evidence that the use of machinery equipment with shifts in production process does not favour part-time employment.