Greece
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Greek economic crisis

Coca-Cola Hellenic To Shut Down Two Plants in Greece

Athens-based Coca-Cola Hellenic Bottling Co. announced on Wednesday its decision to close two of its five production plants in recession-hit Greece. The dire economic situation of the country has led to a fall of sales for Coca-Cola, which is adjusting...

Βio Product Exports to Germany Could Boost Greek Economy

Imports of biological products to Germany have been on the rise for the past few years, but Greece is not present in this very economically interesting market, although it certainly does not lack the potential. The domestic production capacity of...

Greek Economic Crisis Hits Hellenic Foundation For Culture

According to the chairman of the Hellenic Foundation For Culture, Giorgos Mpampiniotis, the members of the board of directors at the Hellenic Foundation For Culture will resign unless the economic problem in the foundation is resolved. "The annual budget needed...

Greece’s Crisis May Have Indirect Impact on Canada

Economists say that while Canada's direct exposure to Greece and other peripheral European countries facing grave debt issues is minimal, the indirect impact could be significant. In the summer, the Bank of Canada calculated that the direct claims of Canadian...

Osborne Denies £1.7 Trillion Bailout Plan

George Osborne was forced to deny reports that world leaders were preparing for Greece to go bust immediately. The Chancellor issued a hastily drafted statement after a highly placed British Treasury official outlined behind-the-scenes moves to allow Greece to...