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Greek financial crisis

Greek-Australians Buying Groceries Online to Help Relatives in Greece

There is an estimated 600,000 to 700,000 Greek-Australians living in Australia according to government statistics, and with no end in sight for the financial crisis gripping Greeks living in Greece, it is said that 10,000-15,000 Greeks have moved or returned to...

Greece Faces Fiscal Gap for 2016

Greece’s parliamentary budget office warns in its quarterly report of the appearance of a fiscal gap for 2016, thereby sending shivers down the spine of government officials who are trying to convince badly battered citizens that recovery is on...

Greek EconMin: New Development Law Will Put An End to Old Mistakes

A new development law to be tabled to Parliament soon will include 3-4 basic principles, it will be simplified compared with a prevailing bureaucracy and will put an end to mistakes made in the past such as no safeguarding...

Kapa Research: Greek Citizens Appear Pessimistic about 2016

The Greeks are expecting the new year to be just as bad as the last on, according to survey results released by Kapa Research. The survey, published in the Greek newspaper To Vima, notes that 69.5% of respondents reported that...

Greek Crisis: The 5th Most Discussed Topic on Facebook in 2015

The Greek financial crisis has not only been a major discussion topic in Greece, or Europe. According to Facebook’s yearly review on public opinions, Greece’s financial difficulties were being discussed by people across the world, bringing the topic in...

The 'Forgotten' Greek Economic Crisis

Europe might seem to have lost interest in the Greek economic crisis due to the latest terrorist attacks and the refugee crisis but this doesn't mean interest will not return. The same can be said about Germany's Finance Minister Wolfgang...

Greek PM Tsipras: ‘2016 Will Be the Year Greece Exits from the Crisis’

If 2015 was the year Greece secured its place in the Eurozone and ended the so-called 'Grexit' talk, then 2016 must be the year the country will start its exit from the crisis, Prime Minister Alexis Tsipras said on...

U.S. Embassy Asks Greek Island to Lower Rent on Athens Property 'Due to Crisis'

The U.S. embassy in Athens has asked the municipal authority on the Greek island of Chios for a 15% discount in the yearly rent it pays on a property in the upper-crust Athens district of Kolonaki, saying it should have...

Greek Named Wire Photographer of the Year by TIME Magazine

Greek photojournalist Angelos Tzortzinis was named Wire Photographer of the Year by TIME magazine. The award, established six years ago concerns photographers who work from the front lines, they are the first people to arrive at the scene of...

Unemployment: The Main Suicide Cause Among Greeks

The financial crisis in Greece has caused the unemployment rate to increase dramatically, especially compared to the rest of Europe, while the number of people who are not able to repay their loans has also risen significantly. According to research...