Greek Economy

Famous travel website Conde Nast Traveler invited readers to visit Greece for their summer holidays, despite the crisis. In an article entitled “Why we’re still traveling to Greece this summer,” journalist Mark Ellwood noted that now, more than ever, the...

Qatar, Luxembourg and Singapore are not just three of the smallest countries in the world, they are also the three richest countries on the planet. A recent analysis released by Global Finance Magazine “the most commonly accepted method of determining...

A European Commission report on Greece in cooperation with the European Central Bank that was conducted on July 10 says that Greek debt sustainability has deteriorated significantly since April, when it was projected that it would be at 125...

In a symbolic gesture that prevented another payment default, Greece repaid samurai bonds maturing on Tuesday, July 14, to private creditors in Japan. “The payment was made, the funds should be credited in the bondholders' accounts,” a Greek government...

Greeks are known for their humor and their ability to maintain it even in the most difficult situations. When that humor combines with business ideas, then the result is even more spectacular. For example, the owner of a funeral home...

The Greek parliament approved on Saturday Greek PM Alexis Tsipras' bailout plan to negotiate a deal with Greece's creditors based on the political party leaders’ agreement draft. The Greek Prime Minister and Finance Chief Euclid Tsakalotos called the parliament to...

Unemployment in Greece dropped to 25.6% in April 2015, a slight improvement compared to the 25.8% rate in March. The number of unemployed Greek citizens amounted to 1,216,870, mainly young people (53.2%) and in the most productive age group...

While some members of the EU Parliament criticised Greek PM Tsipras' lack of concrete proposals, others praised him while some urged Greece to leave the eurozone.

One of the best places to understand the Greek crisis and what is going on in Greece at the moment is in the queues forming at the ATMs of closed banks.

Was the design of German monetary union flawed? Was it a mistake to adopt the euro? On the occasion of this historically important date, experts at DIW Berlin addressed these questions.