European debt crisis

Greece Ranks Among Countries With Highest Debt-to-GDP Ratios

New figures from the International Monetary Fund project that Greece will have one of the world's highest debt-to-GDP ratios in 2026. The country's government debt is expected to amount to nearly 137% of its total economic output, placing it...

De Morgen: European Debt Crisis Will Return Harsher in Autumn

The Flemish newspaper De Morgen wrote an article under the title “The EU is heading towards a hot autumn”, claiming that the European debt crisis will return harsher in autumn. A special reference is done for Greece, which, “although has...

New Feel-Good Website Aims to Cheer Up Crisis-Hit Greeks

Greeks fed up with stories of austerity and gloom can now turn to a new website aptly named "Everything is OK" ("Ola Kala," OK in Greek) which aims to bring only happy news stories to the masses. Describing itself as...

Australia Calls for Greece to Form a New Government Quickly

Greek elections were crucial for the future course of world's economies. As a result, governments abroad kept  a keen eye on political developments of the country. Australia urged  Greece to form a new government quickly to restore confidence in its...