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Bavaria Says Greece's Debt is a Long-Lasting Problem
While Greece's historical tendency to high-indebtedness is notorious, with its first recorded default in the fourth century BC and more in the late 19th...
OECD:The European Agreement Has Little Effect on Amount of Greek Debt
The Organisation for Economic Co-operation and Development (OECD) believes that the additional money to be given and the Greek debt restructuring agreed upon recently by...
Greek Islands For Sale As a Result of Greek Debt
According to Bloomberg Businessweek, the Greek government is planning to sell some islands and other luxury properties to reduce the country’s debt. The only...
'Restart of the Economy Bill' Passes in Greek Parliament
A bill titled "Regulations for the restart of the economy" passed in Parliament late on Friday night by roll-call vote, in principle and per...
2.6 Million Greek Taxpayers Fail to Pay Taxes
There are 2,653,032 Greek taxpayers who are drowning in tax debts as they cannot afford to pay the increase in taxes. As a result,...
Greece Needs Tourism Makeover, Says Ombudsman
Greece has been notified that it needs to reduce excessive construction work and protect water resources and coastal regions if it wants to maintain...
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...
The Last and Most Isolated Stone Age Tribe in the World
The world's last and most isolated stone age tribe lives on North Sentinel Island, off the southwest coast of South Andaman, India.
In her analysis...
IMF’s Key Findings and Recommendations for Greece
Greece’s economy is expected to expand by 2.5% this year due to strong domestic demand, investments and EU funds, the International Monetary Fund (IMF)...
Second Agency in a Week Raises Greece’s Rating to Investment Grade
Scope, the leading European provider for credit ratings, raised Greece's rating to investment grade on Friday.
Scope upgraded Greece's long-term local- and foreign-currency issuer and...