May 15, 2023
FEATURED, Greece, Politics
Fourteen years after a debt crisis that saw Greece nearly crash out of the euro, single parent Niki Klaoudatou says she worries more about money now than she did during the worst years of the country’s economic meltdown. Ahead of an election on May 21, a cost-of-living crisis that is …
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October 5, 2022
Economy, FEATURED
The energy crisis is changing the operation hours in stores and the start has been made by the Trade Association of Thessaloniki that in all formality raised the issue of reduced hours and made a relevant proposal. Similar thoughts reportedly exist by the Trade Association in Athens, while the Development …
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April 22, 2022
Society, Very Mix
The online platform where people can apply to receive the subsidy for fuel, which will range between 40-55 euros, is to open on the Tuesday after Easter, on April 26. Applications will initially be staggered based on the tax identification number (AFM), opening on April 26 for tax IDs ending …
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October 21, 2021
Economy, FEATURED
Greece is proposing to European Union to import natural gas or electricity from North Africa as alternative to the energy crisis. At door steps comments ahead of the European Council meeting on Thursday, prime minister Kyriakos Mitsotakis said that he would brief his counterparts on developments in the Eastern Mediterranean …
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September 24, 2021
FEATURED, Greece, Politics
Former European Commission chief Jean-Claude Juncker has criticized outgoing German Chancellor Angela Merkel’s reaction to Greece’s debt crisis, saying that her “hesitations” and “reluctance” undermined efforts to deal with the situation. “I think her biggest failure was the reluctance she showed during the Greek crisis because of her hesitations and …
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November 26, 2020
Arts, Culture, FEATURED
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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July 22, 2020
FEATURED, Greece, Politics
“The situation remains unchanged,” sources of the Greek General Staff told media on Wednesday afternoon after German media claimed that Chancellor Angela Merkel prevented a military conflict between Greece and Turkey. “The Greek Armed Forces are on full alert and are monitoring the movements of the Turkish Navy,” the sources …
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July 14, 2020
Economy
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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June 6, 2020
Economy
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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February 11, 2020
Economy
Finance Minister Christos Staikouras claimed that the Greek banks paid the price of the economic crisis because they lost deposits when citizens withdrew money. Does the Minister talk about the same banks Greeks had to recapitalize and still pay the price for it? In an interview with ANT1 TV, Staikouras …
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November 19, 2019
Greece
“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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October 6, 2018
Social
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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August 13, 2018
Economy
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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March 28, 2018
Tourism
UK’s daily The Guardian has been offering vacation packages “Greece in Economic Crisis.” The 7-day trip to Greece at £2,500 per person includes touristic attractions like protests in downtown Athens and refugees on the islands hot spots. In the company of journalists, including the daily’s correspondent in Athens, the happy …
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July 22, 2017
Economy
Greece’s economy and debt crisis – an underrepresented tragedy watched closely by the economists of the future. As an example to be avoided. “Unprecedented – Greece is several economic tragedies rolled into one,” writes Dan Kopf, economics and markets reporter. He puts Greece’s financial crisis and economic plight in historical …
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April 28, 2017
Politics, World
Anti-Albanian protesters stormed into Macedonia’s parliament on Thursday after a vote to elect ethnic Albanian Talat Xhaferi as parliamentary speaker. Social Democrat leader Zoran Zaev was left with blood pouring down his face after fights broke out. Injured have been also four MPs and ten policemen. Demonstrators from the initiative …
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April 5, 2017
Economy, Greece, Politics
Greek Prime Minister Alexis Tsipras called for an emergency Summit of the Eurozone member states before Easter, should there be no agreement between Greece and its European creditors at the Eurogroup meeting on upcoming Friday, April 7, 2017. The Prime Minister revealed that he already asked European Council President Donald …
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April 4, 2017
Greece, Politics
Below is an article I found about the Greek Problem. Picked it up from The Market Mogul.com, a website about finances. Enjoy! The Greek problem: Politics destroying Economy… Lack of action leads to loss. This loss is even greater when it takes place at a national level. The absence of …
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April 3, 2017
Uncategorized
Should the eurozone fall apart and states return to their own currencies, the Greek Drachma would depreciate at 7.5% percent against the euro. This is the calculation of a study published by the Bank of America. The study with title “The day after the euro” has been conducted by Athanasios …
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April 1, 2017
Economy
Greece’s creditors plan to charge a so-called “entrance fee” of ten euro. The creditors are reportedly considering to charge a 10-euro entrance fee to anyone visiting the country to raise revenues. Creditors’ aim is to help the debt-ridden country to achieve the 3.5% primary surplus for the next years. The …
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