Structure

One in three unemployed has been out of work for at least four years

Long-term unemployment is proving a particularly tough nut to crack in Greece, as data released on Thursday by the Hellenic Statistical Authority (ELSTAT) for the fourth quarter of last year showed that one in every three jobless people has been out of work for more than four years.

Primary surplus seen to have reached 3.5 pct in 2017

The primary budget surplus for last year is expected to come to more than 3.5 percent of gross domestic product, according to the estimates of government sources, strengthening Athens's defense against the arguments of the International Monetary Fund, which has asked for the reduction of the tax-free threshold to be brought forward to January 2019.

Vlahovic: No major growth without more investments

MT KOPAONIK - The 25th Jubilee Kopaonik Business Forum has demonstrated that good macroeconomic conditions need to be transformed into sustainable growth and that there will be no major growth without a higher level of investments, Aleksandar Vlahovic, president of the Serbian Association of Economists, said Wednesday.

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