Greece
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recession

Despite Recession, Greek Prices Stay High

According to the latest report of Europe's statistical agency Eurostat, Greece remains among the most expensive countries in the EU despite the economic contraction and radical cuts to salaries, pensions and benefits. Figures also show that prices in the debt-ridden...

BBC Visits Zakynthos Finding Empty Hotels and Islanders in Despair

The world-class British network BBC reports that Greek tourism is at an ominous state in light of the coming summer season. A BBC journalist traveled to Zakynthos to write a rather disappointing article about Greece’s once highly successful industry....

British ‘Daily Mail’: Greek Crisis Tearing Families Apart

While recession in Greece deepens, more and more families watch their everyday lives turn into a frenzy of hopelessness and poverty. The social impact of the debt crisis is directly connected to the severe cuts in pensions and salaries,...

Τhree Public Workers Commit Suicide Within Fortnight

Α new suicide attempt was announced Wednesday by the president of POE-OTA (Federation of workers of all specialisations in the Municipalities and local communities of Greece), Themis Balasopoulos. According to Balasopoulos, two workers in the Municipality of Athens (one of...

Suicides On The Rise In Greece

Minister of Citizen Protection Mr. Christos Papoutsis presented a report to the Greek parliament on January 11 concerning deaths by suicide and attempted suicides in the country, confirming the already gloomy picture painted in the previous months. A total of...

Greek Birth Rates Decline Amidst Financial Crisis

The financial crisis plaguing Greece is now affecting motherhood as well. A recent global research study has revealed that birth rates are rapidly declining lately in Greece and this trend is attributed to the financial difficulties directly affecting the...

To Fight Deficit Greek Retirement Age Must Rise To 82

New cuts in pensions are being projected for 2012, since insurance funds are facing a tremendous deficit of 4.5 billion Euros for 2011. Labour Minister George Koutroumanis did not hide any aspect of the dramatic situation the Greek people are...

HIV on the Rise in Recession-Hit Greece

According to the National School of Public Health, the recession has caused a severe trauma to public health expenditures, falling by 36% this year.  Including both the government and private individuals, the country spent around 25 billion euros, or...