Greek Crisis

Cretan Wine Makers Suffer Heavy Blow Due to Wine Tax in Greece

Cretan wine makers are complaining that they have suffered a heavy blow due to the new special tax that was imposed on the consumption of bottled wine. The wine makers expressed their feeling in an open letter addressed to...

New Report Reveals Decline in Income from Rental Properties in Greece

The Greek economy's deterioration since the crisis broke out has been well documented through the figures that are released. Among the various revenue streams that have been reported to have shrunk in the past five years in Greece, is...

Report: Greek Crisis Damaged EMU in Non-Eurozone States

The Greek crisis that kept politicians busy in the summer of 2015 has fuelled particularly negative sentiments among business leaders from the non-eurozone countries, according to a report by Deloitte published today (16 November). A second edition of the European...

Greek Artist to Exhibit 3D Animation Project at the Biennale of the South in Venezuela

The artist Anna Laskari with her work "Left of the Parthenon" was chosen to represent Greece at the Biennale of the South that will host Caracas, Venezuela, under the title I Bienal del Sur: Pueblos en Resistencia (First Biennale...

Greece's Struggle Presented With the Help of Playmobils

Greek writer Nikos Papadopoulos started playing around with his young sons toys in 2013. “We were pretending to go to bed using Playmobil – and it gave me the idea to recreate scenes not only about home life, but...

New Study Shows Decline of Greek Middle Class

An annual global study conducted by Credit Suisse revealed the effect of yet another tumultuous economic year on Greek households. Data from mid 2014 until mid 2015 showed that the average Greek's wealth fell from 98,097 dollars to 81,432 dollars in mid 2015, which translates...

Schaeuble: 'Not Responsible for Greek Crisis'

German Finance Minister Wolfgang Schaeuble had a long conversation with French students as part of a university program, which did not conclude in his favor, notes the German daily Suddeutsche Zeitung. Schaeuble visited the elite Science Po University in Paris,...

More than 5 Million Greeks Reported Earnings of Less Than 12,000 Euros in 2014

 Figures complied by Kathimerini newspaper, shed light on the reported reduction of Greek citizen's annual incomes in the fourth year of Greece's bailout era, compared to the pre-bailout era. ‘From the approximately 5.9 joint tax reports submitted until the end of...

Report: Number of Stray Dogs in Greece Increases Amid Crisis

The repercussions of the Greek crisis on the country's residents have been well documented since its outbreak in 2009. A new report by the BBC focuses on another effect of Greece's adverse economic conditions. Stray dogs are a very common occurrence in...

Fruits Deemed 'Superfruits' are Increasingly Being Produced in Greece

The cultivation of superfruits in Greece now covers over 700 hectares. Superfruit is a marketing term first used in the food and beverage industry in 2005. The fruits may have nutritional significance due to their nutrient content, antioxidant value or...