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Greece Offers Ancient Sites, Including Acropolis, for Rent
ATHENS – The Acropolis might not be for sale, but it is for rent. Desperate for cash and looking at every possible option, except...
Motor Vehicle Sales Fall Sharply In 2011
For the fourth year in a row, automobile sales continue their downward spiral in Greece. According to the Hellenic Statistical Authority (ELSTAT), vehicles sales...
Trade Deficit Down 27.3% in October
Greece's trade deficit shrank by 29.6% in October, reflecting higher exports and lower imports because of a deep economic recession in the country, Athens...
Greece’s Tax Evasion Prosecutors Quit, Blame Political Interference
ATHENS – As Greece continues to bury its workers, pensioners and poor with waves of taxes to keep the country from going bankrupt, the...
Troika Tells Greece: Action, Not Talk
ATHENS – Official from the Troika of international lenders keeping Greece on economic life support with rescue loans will wrap up a 10-day visit...
Jobless Rate Rises To 17.7% In 3Q From 16.3% In 2Q
Jobless rate rose to 17.7% in the third quarter of the year from 16.3% in the prior quarter, with those aged below 30 the...
Retailers Face 30% Drop in Christmas Sales
Greek retail sales may drop 30 percent in the 2011 Christmas shopping season as growing unemployment, tax increases and wage cuts crimp shopping budgets,...
Inflation At 3.1% In September
The Consumer Price Index in September 2011 compared with September 2010, increased by 3.1%, said the Hellenic Statistical Authority (ELSTAT). In September 2010, the...
Salaries Fall 7.6% in Q1
Nominal Greek salaries fell 7.6% in the first quarter of 2011 - the first time in four years, according to data released by the...
Greece Records Largest Increase in Suicide Rates
Greece records the biggest rise in suicide attempts throughout Europe, said Mrs. Bekiari, member of NGO “Klimaka” during her interview to SKAI Radio.
As pointed...


