economic crisis

The Greek Prime Minister Alexis Tsipras' trip in Davos is very similar to his disastrous visit to New York last year, where he went to attract American investors to Greece. Instead of investors, he attracted tons of ridicule in...

Speaking at a panel with Greek Prime Minister Alexis Tsipras, German Finance Minister Wolfgang Schaeuble hinted that Greece is not implementing the reforms it has agreed on as required by the bailout agreement. In a panel discussing "The Future of...

There have been previous concerns from child protection groups about the rising number of children working illegally in Greece. At the same time, Eurostat was reporting that 11.4 percent of the student population had dropped out of school in 2010. As...

Travel plans for Greece in 2016 will not be affected by the economic crisis, according to research conducted by LoveHolidays, a U.K. online travel agency. The study shows that despite the economic situation in Greece, 66 percent of participants perceive...

The number of public sector employees has been reduced by 26 percent in the past five years, since the onset of the economic crisis in Greece. Salary reduction, changes in pension laws, employee transfers and voluntary resignations have led to...

Greece's Court of Audit has decided that retired members of parliament are entitled to up to 100,000 euros in pension pay retroactively, according to an Eleftheros Typos newspaper report. According to the Court of Audit, under Law 3691/2008 that gave...

Gambling addicts seeking help have increased 20-25 percent in the past five years, a fact that is attributed mostly to the economic crisis. The gambling market in Greece puts the country among the top ten in Europe and in a...

In 2016, Greece will be far from exiting recession, unemployment will remain high and the government will face citizen dissatisfaction and social unrest, according to a Stratfor report. "The government of Prime Minister Alexis Tsipras faces two main problems: political...

The Greek government has passed a series of welfare measures claiming to help the most vulnerable groups in 2016 and tackle the migrant inflow. According to Prime Minister Alexis Tsipras, the legislative act that was signed, December 24 aims to...

The poor economic situation, pessimism about the future and general dissatisfaction make Greeks the most disappointed people of Europe, according to the Standard Eurobarometer. The Eurobarometer is a series of public opinion surveys conducted on behalf of the European Commission....