Greece

Foreign Affairs editor Gideon Rose, speaking on "Bloomberg Surveillance" about the Greek economy, said that Greece's current collapse is worse compared to the Great Depression, the deep and long-lasting economic downturn that began soon after the stock market crashed in October...

Bloomberg and Reuters, two of the world's most prestigious news agencies, predicted that the next Greek government which will arise after the upcoming election, will face hard times. According to Bloomberg, Greece is set to run out of cash by mid-year...

In a recent article, Business Insider magazine compares the current crisis European countries are facing, with the Great Depression of 1929 in the United States of America. “By the time President Roosevelt gave his inaugural address in March 1933, America...

The economic crisis in Greece has led to an increase in mental disorders, with depression being the most common as more than half million Greeks suffer from it. The data regarding the increase in mental disorders were presented during the...

  An exhibition entitled "Depression Era" has opened at the Benaki Museum in Athens. The theme is the economic crisis and the new reality in Greece. Depression Era is a collective project of more than 30 artists, photographers, writers, researchers, architects, journalists...

When Vicky Stamati married Akis Tsochatzopoulos years ago, she probably didn’t foresee the difficult times ahead. It has been a month since she has been hospitalized in Dafni, and according to her doctors she is dealing with a severe...

September 16 marks the 36th anniversary of the silencing of the voice of the great Greek soprano, Maria Callas, who died of a heart attack, in Paris, robbing the world of one of its greatest talents ever at the...

It might not look like it in tony neighborhoods and at fancy restaurants where Greek politicians and the rich elite dine and live, but for many, Greece is in a Depression - with a capital D - not a...

Over the weekend, the Greek parliament voted to accept Europe’s latest demands for spending cuts and tax rises and other reforms and retrenchments. The aim was to make it marginally less implausible that Greece will pay back the hundreds...

On April 23, 2010, Greece entered the bailouts era by asking its EU partners and the IMF to rescue its economy that went bankrupt. The dramatic call for help was made from the tiny Aegean island of Kastellorizo by then...

Aristotle Onassis was one of the most famous Greeks in the entire world in the 20th century, a visionary and one of the richest men

The Greek economy is set to contract by 9.7 percent in 2020 because of the Covid-19 pandemic, the European Commission forecast on Wednesday. Greece, along with Italy, Spain and Portugal will be among the hardest hit nations by the economic...

It was a day much like this on April 23, 2010, when the then-Prime Minister of Greece George Papandreou announced from picturesque Castellorizo Island that Greece would officially ask for financial assistance from its fellow Eurozone member-states as the...

Greece’s financial crisis is still affecting the hopes and dreams of the people that live in the country, as it has been in economic turmoil for most of the last decade. Greece’s GDP shrunk 26% in the span of eight...

Aristotle Onassis was one of the richest men in history and certainly one of the most famous Greeks in the entire world during the 20th century. How did this young boy from Smyrna manage to amass a fortune while becoming...