Tag Archives: wealth

Athens is among the rising centers of wealth, according to this year’s edition of the World’s Wealthiest Cities study by Henley & Partners, a consultancy on high-income immigration issues. According to the research data, 22,600 millionaires (having at least $1 million) live in Athens today, with their population having increased …

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Greece trails other Mediterranean EU countries in per capita wealth, according to the 14th edition of the Global Worth Report issued by Swiss Bank UBS, joined this year by Credit Suisse, which it acquired a few months ago. However, in contrast to other southern European countries, namely Italy and Spain, …

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The richest among the Greeks own 42% of the net wealth a survey on inequality and opportunity has shown. Conducted by the Greek Federation of Enterprises (SEV), the survey shows that over half of the population is “financially vulnerable.”. The survey points at the phenomenon of “selective mating” that consists …

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Greece comes second only to Venezuela on a recent list of countries that have seen their fortunes change dramatically in the decade from 2007 to 2017. The annual report for 2017 by South Africa-based research company New World Wealth found that Venezuela saw its wealth in US dollars shrink 48 …

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Four out of every five dollars of wealth generated in 2017 ended up in the pockets of the richest 1%, while the poorest half of humanity got nothing, a report published by Oxfam found on Monday. As global political and business leaders gather for this week’s World Economic Forum annual …

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Greece’s supreme administrative court, the Council of State, ruled the content of wealth and assets declarations as invalid. The CoS practically dismissed the relevant Joint Ministerial Decision signed by Finance Minister Euclid Tsakalotos and Alternate Justice Minister Dimitris Papangelopoulos, saying it was invalid for all classes of individuals required to …

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Greece’ financial crimes prosecutor ordered the freezing of moveable and immovable wealth of powerful businessman Giannis Alafouzos on Wednesday. The order for the freezing has been sent by the same prosecutor to the banks. Cause of the measure apparently in the context of  “tax control” are the difficulties to justify …

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I think three years in the crisis have mutated me into a notorious grumbler and misery-maker. I don’t see the progress Greece is recording. I don’t share the optimism bumped and hammered on my head by the government, almost on a daily basis. Greece is moving forward and I stay …

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Offshore natural gas could dramatically change Greece’s fortunes, should early estimates of $600 billion worth of reserves be confirmed, according to a study presented to Prime Minister Antonis Samaras in June and seen by Reuters. The study, collating existing scientific data, says that geological similarities indicate that reserves offshore Crete …

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