The Greek statistics authority ELSTAT has published the results of a stuffy it conducted regarding the wage cuts implemented since 2009, when Greece sought financial assistance.
According to the report, the wages in Greece plunged for four consecutive years and have only began to stabilize in the first semester of 2014, when cuts were estimated to be 1.8%, compared to a 11.9% reduction in the previous year.
The full study is available on ELSTAT’s website.
