Greek Crisis

Greece's new Tourism Minister, Olga Kefalogianni, has told the Italian newspaper L'Espresso that even during an economic crisis that has put images of protests, strikes and riots on front pages and websites around the world, that Greece is still...

Greek pensioners who have had money deducted from their salary for years for a lump sum payment to be awarded when they retire would lose half what they are owed under one government scheme to reduce costs. That means, for...

Over the next two years, Greek house prices are set to fall by a further 17% according to ratings agency, Fitch. Since 2009. prices have already fallen by 20%, and the total decline is set to be 37%, if Fitch...

Compared to last year, online hotel prices in Greece as a whole in August were down 1.6% and in Athens 12.1%, the daily newspaper Kathimerini reported quoting figures from the Trivago hotel search engine. The data showed that the average...

German Economy Minister Philipp Roesler expressed disappointment with the efforts of debt-wracked Greece to implement necessary reforms, in an interview with the weekly magazine Focus. "I've lost my illusions," said Roesler, who is also vice chancellor and leads the pro-business...

Greece will try to raise 3.125 billion euros ($3.8 billion) in an auction of three-month treasury bills next week to try to avoid a looming cash crunch, a finance ministry official said on Friday. "This is to cover the country's...

Greek pharmacists, protesting long-overdue unpaid subsidies from the government, on Sept. 1 will again stop accepting prescriptions from Greeks covered by the National Health Service Organization (EOPYY) and accept cash only, especially burdening pensioners whose benefits have been cut...

Greece΄s statistical agency says unemployment in the crisis-struck country rose to a startling 23.1 percent in May, from 16.8 percent a year earlier.  An agency statement on August 9th, said the worst affected group is young people under 25, where 54.9...

Greece's international lenders won't discuss new aid for the country before October when they present a review of the country's bailout program to finance ministers from the region's single currency bloc, a European Union official said Wednesday as the...

ATHENS - Greece’s National Organization for Health Care Provision, known as EOPYY, will be unable to cope with any further cuts to health spending as demanded by the country’s international lenders, the union representing  doctors said. The so-called troika of...