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Greek Pensioner Collapses from Starvation: Is Hunger Returning to Greece?
An elderly man in the town of Volos, Central Greece, was rushed to hospital on Thursday evening after collapsing from starvation in his home.
This...
EU Report Notes Disturbing Trends in Greek Demographics
According to a European Commission report just released in Brussels, recent demographic changes in Greece may indicate problematic social and macroeconomic imbalances for the...
Greek Economy to Contract by Almost 10 Percent, EU Says
The Greek economy is set to contract by 9.7 percent in 2020 because of the Covid-19 pandemic, the European Commission forecast on Wednesday.
Greece, along...
April 23, 2010: Ten Years Since the Official Beginning of the Greek Financial Crisis
It was a day much like this on April 23, 2010, when the then-Prime Minister of Greece George Papandreou announced from picturesque Castellorizo Island...
Worst-Case Scenario for Greece is Eight Percent Recession, Says BoG Chief
Estimates of a ten percent economic contraction this year were excessive, Bank of Greece (BoG) governor Yannis Stournaras said on Tuesday, while noting that...
IMF Warns Greece Could Face The Worst Coronavirus Recession in Eurozone
The International Monetary Fund (IMF) recently presented its World Economic Outlook, in which it predicts that Greece could experience one of the worst recessions...
Greece Says EU Economic Response to Coronavirus 'Satisfactory'
Finance ministers of eurozone countries agreed on Thursday evening to to make €500 billion ($547 billion) available "immediately" to stimulate the EU economy that...
Greece into Deep Recession after Pandemic, Credit Rating Houses say
International credit rating houses predict that Greece will go into deep recession in 2020, with the covid-19 pandemic causing a blow in the economy...
Greece Expects 4% Recession, as European Economy Enters Uncharted Territory
Christos Staikouras, the Greek Finance Minister, expressed on Sunday his belief that the Greek economy will shrink by four percent in 2020 due to...
Greek Economy Expected to Contract by Up to Three Percent in 2020
Greek Finance Minister Christos Staikouras said on Thursday that the country's economy is expected to contract by between one and three percent in 2020...