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Economy

How the Upcoming Bitcoin Halving Could Shake Up Ethereum

The upcoming Bitcoin halving is one of the most highly anticipated events in the cryptocurrency world, and the upcoming 2024 halving is shaping up to be particularly significant for another major cryptocurrency too, namely Ethereum. With the relatively recent approvals...

Wolfgang Schaeuble’s Memoir Delves Into the Greek Debt Crisis

The memoir by Wolfgang Schaeuble, one of the key figures of the 2009-2018 Greek debt crisis who died in December 2023, is hitting bookstores in Germany on Monday. The memoir, titled Memories. My Life in Politics, delves into the Greek crisis...

Trump’s Son-in-Law Pursues Hotel Projects in Balkans

While Donald Trump readies for another push towards the US presidency, his son-in-law, Jared Kushner, is following up on hotel and apartment deals in Serbia and Albania. The projects are sure to bring growth, but they also face opposition. One...

Greece Lifts Minimum Wage by €50 to €830 Per Month

Greece's Prime Minister Kyriakos Mitsotakis announced an increase of €50 ($53.9) a month to the country’s minimum wage for employees, lifting the amount to €830 from €780. The decision will take effect from April 1st and relieve workers “without affecting...

Fastest Improving Business Environment Globally Is in Greece, Report Says

Greece has climbed 28 spots to the top of a list of 10 countries making the fastest progress in improving business environment, according to an Economist Intelligence Unit (EIU) report released on Wednesday. Plowing ahead of Argentina and India, which...

Greece Mulls Restriction on Airbnb Lettings Through Golden Visa Program

Greece is considering restricting Airbnb-type rental for properties that will be acquired through the Golden Visa program to tackle the severe shortage of properties for long-term rental in Athens and elsewhere. Although the final decisions have not yet been taken,...

Bitcoin Halving and How It Might Affect Its Price

Get ready for a major event in the world of cryptocurrency. The next Bitcoin halving is coming in April 2024. But why should Bitcoin halving matter to us? Approximately every four years, the amount of new bitcoins that enter circulation in...

Gold and Bitcoin Peaks: Are We Heading to Another Dot-Com Bubble?

The stock markets have been on the rise recently, with major indexes like the S&P 500 and Nasdaq hitting record highs. At the same time, speculative assets like bitcoin and gold have also surged to new peaks. While many investors...

Bitcoin Tops $63K for First Time Since November 2021

Bitcoin reached a new high, surpassing $63,000 on Wednesday for the first time since November 2021. This surge was fueled by increased trading in Bitcoin exchange-traded funds. Investor interest in Bitcoin was also boosted by a decrease in its supply...

The Top 10 Countries Dominating Global Gold Reserves

Gold continues to be an important indicator and store of value in the modern era, serving as a hedge and retaining its value even during times of economic crisis. With that in mind, here are the top 10 countries...

Shadow Economy in Greece is Shrinking, IMF Says

The shadow economy in Greece fell to 16 percent of GDP in 2021 according to the latest report by researchers at the International Monetary Fund (IMF). The report titled "Recent Trends of Informality in Greece: Evidence from Subnational Data" notes...

Bitcoin Price Hits $50,000 at Two-Year High

Early on Monday, February 12, Bitcoin reached its highest price since December 2021, surpassing $50,000 for the first time in over two years. This caused a surge in the value of other cryptocurrencies and related stocks. Coinbase's stock, as...