Greece
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financial aid

Greece's History of Loans Since 1824

Greece has been in the center of international attention since 2008 due to the financial crisis that broke in the country. However, this is not the first time Greece has faced severe financial problems or even come face to face...

EU: No Disbursement of Funds to Greece Before Agreement

While the Greek government is optimistic that creditors will release part of the tranche of financial aid before the Greek Orthodox Easter (April 12), Euro Working Group sources in Brussels say that this is impossible. Athens expects that the two...

China 'Knows Nothing' About Offering Help to Greece

Greek officials have given the impression that China had offered aid and economic support to Greece. However, on Wednesday, February 11, China’s Foreign Ministry spokeswoman Hua Chunying said she had no knowledge of such an offer. According to Reuters, Greek...

Greek-Australian Farmers Affected by Government Decision

The Australian government decided not to subsidize “SPC Ardmona,” an Australian company which produces canned fruits and vegetables in Shepparton for the last hundred years. The cabinet rejected the company's request for 25 million dollars in funding to modernize its...

Census Data Show Greek Australians Earn Far Below Country’s Average

New data published in Australia show according to the latest census that most Greek Australians earn far below the country's average. More specifically, they earn between $200 and $300 a week while the average Australian earns between $400 and $600. Figures become even...

American Jewish Committee to Provide Financial Assistance to Holocaust Greek Survivors

The American Jewish Committee is providing emergency financial aid to help Holocaust survivors in Thessaloniki, Greece pay for medical care and every day expenses. The aid is necessary due to the economic crisis in Greece, which has stretched the Jewish...

Greek Jewish Community Asks for Financial Support

The Jewish community of Greece might be unable to pay its bills by 2013 unless it receives aid from Jewish organizations abroad, local leaders have told the Jerusalem Post. Benjamin Albelas, president of the Jewish community of Athens, said his...