Political Instability

According to the Financial Times, Yannis Stournaras, the bank governor of Greece's central bank has called for “a new deal” to help the country cope with the enormous task of reducing fiscal surplus before debt payments which Athens must achieve...

The demand for gold coins has increased significantly in Greece over the last three months, as Greek investors are looking for a “safe haven” in light of the country’s political instability, notes the British Royal Mint. According to Bloomberg, the...

Some seven billion euros have been transferred out of Greek banks since late December, when the Parliament failed to elect a new President of the Hellenic Republic and snap general elections were announced, according to banking sources. The pressure...

Greek tourism hit a new record in 2014 thanks to the large amount of foreign tourist arrivals that boosted the country’s overall income and created jobs. However, according to travel agents, Greek tourism may not be as successful in 2015,...

Greek stocks ranked as the world's sixth worst investment, according to the British leading financial magazine, Money Week. According to the annual list ranking the worst investments of the ending year, the Greek Athex index lost some 24.44% of...