Greek economic crisis

The tough reality that hundreds of Greek households have to face due to the Greek Economic Crisis is depicted in a survey that was carried out by Trendbox, a Dutch independent research company. In this survey we can see...

Nutriart (KATSELIS) declared bankruptcy yesterday. The next step is to find a liquidator. The bankruptcy petition was filed in June 2013 and was tried in early autumn, the decision was quickly made. The main reasons for which one of the...

Once a rising economic power in the Balkans, a crushing economic crisis has stripped Greece of much of its wealth and pushed to ahead of only neighbors Romania and Bulgaria among the poorest countries in the European Union. Greece is...

A Greek exit from the euro zone could trigger a global economic crisis of dire proportions and must be avoided at all costs, a respected German think tank said in a study published on Wednesday. "A Greek exit from the...

At 69, famous Greek composer Vangelis Papathanassiou spoke to The Guardian about the “Chariots of Fire,” composing for the movies, professional success and the Greek crisis in one of his rare interviews. Apart from his work and personal success, he...

Greece faces the threat of rolling power blackouts as the economic crisis leaves utilities without cash to pay for natural gas imports and operate power stations, Bloomberg reported. Regulators will meet with Greece’s power market operator as early as today...

A 61-year-old Greek pensioner has hung himself from a tree in a public park after succumbing to the pressure of crushing debt. A note in his pocket indicates he is merely the latest in a rash of economic crisis-induced...

On top of the problems Greece is already dealing with - a deep economic crisis and the fifth year of recession - now the country also runs the risk of a war breaking out between beer and soft drinks...

A total of 2,374 businesses have terminated their operations, out of a total of 9,274 enterprises operating in the Attica region, a report by the National Confederation of Hellenic Commerce (ESEE) stated on Thursday. ESEE, in a report, said the...

Under the title “The loneliness of the Greeks”, the Belgian newspaper L’Echo has issued a four-page tribute to Greece and its current economic situation in its last issue. The article includes among others a joint interview of the Greek Deputy...