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French Economist Piketty: Creditors' Proposal for Greece Is Bad and Recessionary

  The plan creditors proposed to Greece is bad and recessionary, and the answer is "No," said French economist Thomas Piketty to Belgian newspaper Le Soir,...

DIMAR Leader: Extension of the Memorandum Equals Continuation of Recession

In a written statement, Democratic Left (DIMAR) President Fotis Kouvelis criticized the Greek government for mishandling the Troika negotiations. The former coalition government partner...

Alcohol Consumption in Greece Halved Due to Recession

It seems that Greeks cannot afford to drown their recession sorrows in booze, an Infobank Hellastat study showed. The figures released show a 45% decline in...

Bloomberg: Agriculture Could Dig Greece Get Out of Recession

 Bloomberg mentioned Tuesday in an article that the agricultural sector in Greece could help the country out of recession, while referring to several successful Greek agriculture exporters. “Greek...

Recession Takes its Toll on Student Politics in Greece

Elections Wednesday for management councils at Greek universities and for the National Students Union will surely be as partisan as usual, given each Greek political party has...

Revision Shows Greek Recession at 7% in 2012

The first shock came after the revision of the predictions concerning the course of Greece’s economic recession during 2013 which stands at 3.9 percent...

Greek Recession Deeper than Expected in 2013

Despite the assurances of the Greek government that the country will recover by 2014, gross domestic product data released on Tuesday, show that the recession...