OAED Reports High Absorption of Greek Labour Subsidy Programmes

ATHENS — A total of 12,700 new job positions were created in the October-December 2020 period through the new and improved employment programmes of the Manpower Employment Organisation (OAED), an increase of 55 pct compared with the third quarter of 2020.

OAED, in an announcement on Monday, said that despite a lockdown and the impact of the pandemic on the labour market, absorption of labour subsidy programmes continued rising compared with the previous year (up 205 pct compared with the fourth quarter of 2019 and up 213 pct compared with the same period in 2018). The organisation is currently implementing seven open programmes, covering a total of 38,600 subsidised new job positions with subsidy rates of 60-100 pct.



ATHENS - The growing use of Point-of-Service (POS) machines tying businesses directly to the tax department when transactions are made has helped cut deep into Greece’s shadow economy of using cash to avoid paying taxes.

Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


BRIDGEPORT, Conn. (AP) — It’s been nearly four months since a judge tossed out the results of a Democratic mayoral primary in Connecticut’s largest city due to allegations of ballot stuffing, sending voters repeatedly back to the polls and thrusting Bridgeport into an unflattering national spotlight.

ATHENS - Greece’s ministries of Foreign Affairs and Digital Governance said it will create a digital platform using Artificial Intelligence (AI) to identify and rebut fake news spreading lies about the country.

Michigan's presidential primary on Tuesday will offer a serious test of President Joe Biden's ability to navigate dissent within the Democratic Party over his response to Israel's war with Hamas.

WASHINGTON (AP) — Inflation has changed the way many Americans shop.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.