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Greek trade

Iron Age Finds Point to Mediterranean-Wide Trade in Metals

New analyses of isotopes of ancient copper ingots have disclosed secrets of the surprising range of early Iron Age trade routes and how Mediterranean peoples of that time sourced metals from many areas to create their tools. The ingots, which...

Greek Trade Deficit Down 11.6% Between January and May

Greek trade deficit shrank by 24.2% in May as imports fell drastically during the month, pushing it 11.6% lower in the January-May period, the Hellenic Statistical Authority (ELSTAT) said on Wednesday. ELSTAT noted that the value of import-arrivals totaled 3.583 billion euros in May,...

How Capital Controls Affect Life in Greece

The imposition of capital controls will bring radical changes and major restrictions on trading activity. Greek banks will be closed for a week, until next Monday, July 6. The decision to close the banks was made in order for...