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Tag Archives: crisis

Benaki Museum to auction online art works, raise funds for its survival

The Benaki Museum in Athens is fighting for its survival due to the imposed closure s part of the measures to contain the coronavirus pandemic in Greece had led to a monthly loss of revenue totaling about 400,000 euros. To respond to the crisis, The Benaki Museum Fundraising & Development …

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1.14 billion euros for Greece’s SMEs affected by the pandemic crisis

The European Commission has approved a total of 1.14 billion euros for small and medium-sized enterprises in Greece that have been negative affected by the coronavirus crisis. Development and Investment Minister Adonis Georgiadis said on Monday that the European Commission’s approval of some 1.14 billion euros’ worth of program modifications …

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“Greece will emerge stronger from the crisis,” say Centeno, Dombrovskis

Greece will emerge stronger from the coronavirus crisis, as the government was fast in taking measures and its economy was in good condition when the crisis began, Eurogroup Chairman Mario Centeno and European Commission Vice-President Valdis Dombrovskis  said at an online conference organized by the Economist on “Eurozone: Seeking a …

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Mitsotakis: Europe is treating “Greece as convenient ‘storage’ for refugees & migrants

“Europe is treating first arrival countries like Greece as convenient ‘storage’ for refugees and migrants. Is this European solidarity?” Greek Prime Minister, Kyriakos Mitsotakis said in an interview with German daily Handelsblatt on Tuesday. At the same time, he announced the hiring of additional personnel to better manage refugees and …

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Labor conditions in Greece worsened for 90% of private sector employees

Nine in ten employees in the private sector in Greece faced worsening labor conditions in the years of the debt crisis, according to a survey carried out for the General Confederation of Greek Workers (GSEE) on the occasion of the 100th-year anniversary of its founding. The 90 percent of respondents …

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Turkey probes social media accounts for “threatening economic security”

While Turkey’s currency crisis continues also on Monday, Erdogan’s regime believes to have found who is responsible for the crisis: it is social media accounts that “who shared posts to provoke the rise in the dollar exchange rate” and spreading fake news. Shares in Europe’s major banks lost further ground …

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EU Commission is looking for staff level agreement on review by April 7

The aim is to reach a staff level agreement by the Eurogroup on April 7, European Commission spokesman Margaritis Schinas said on Monday, as Greece and lenders continue negotiations in order to conclude the second review of the current Greek program. The spokesman said that the negotiations between Greece and …

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