austerity

Greek retail sales by volume rose 7.4 percent in August compared to the same month in 2013, after a downwardly revised 4.7 percent increase in July, Greek statistics service ELSTAT said on Friday. According to a Reuters report, sales volumes...

In a recent interview to the Athens-Macedonian News Agency, German MEP Gabi Zimmer, leader of left-wing Die Linke in European Parliament, argued that Germany must pay war reparations to Greece, for damages caused by the Nazi occupation. Zimmer said that her party has...

Australia's branch of the Greek extreme-right wing party Golden Dawn is raising funds using an unregistered charity, according to a recent "Guardian" article. A Melbourne-based charity named Voithame Tin Ellada (VTE), which translates to “We Are Helping Greece," has been...

According to the Suicide Network Records of NGO Klimaka's Prevention Center, Greece has recorded a decrease in its suicide rate in the first quarter of 2014. On the occasion of World Suicide Prevention Day on September 10, new information regarding...

An additional 165 million euros will be allocated as "social dividend" to 250,000 households in Greece next week. Since April 17, when the first applications were submitted and until the June 30 deadline, 576,000 applications have been approved while...

A recent report by the International Labor Organization claims that austerity measures have increased poverty in Greece as well as in other European countries hit by the financial crisis. The 357-page report published on Tuesday says that unemployment, low wages and...

The former president of the European Central Bank, Jean–Claude Trichet, was extremely judgemental towards Greece. "If you didn't like austerity, you shouldn't have asked for help," he said speaking to Greek journalists in Brussels. "Austerity policies are required to pave the...

Four years ago, on Friday April 23, 2010, the then Greek Prime Minister George Papandreou visited Kastelorizo, eastern Greece and announced that the country will have to resort to the supporting mechanism of the IMF and the EU. From that day...

As Chief of Staff for the Organization for Economic Co-operation and Development (OECD) and its official representative to the G20, Mexican Gabriela Ramos is perhaps among the world's most powerful women, and in a recent interview in Paris with Greek...

Former prime minister, George Papandreou, gave a speech on the pressure  exerted on him by his European partners in April 2010 to impose severe austerity cuts, at an event held in Edinburgh, Scotland. Papandreou even revealed the dialogues he had...