Greece

  As much as we all want to think of Christmas Holidays as a very cheerful time of year, this is not something that jives with reality. In Greece, where the economic crisis has been going on for some years now,...

Greek immigrant Michalis Georgalos made life in Argentina sweeter with his confections, building an empire that still exists today

A new report from the International Monetary Fund (IMF) released on Wednesday estimated that the Greek economy will grow by 3.3% this year.

Ana Vukovic, from Collier’s Greece and Serbia, spoke about the challenges of the post-pandemic world for Greek real estate.

A lucky pair looking to work remotely in Greece from a luxury villa on the stunning Greek island of Corfu will win the chance to live their dream for free for one entire month from the company CV Villas. The...

Greek Finance Minister Christos Staikouras announced a package of additional financial support measures on Thursday which will be adopted during the heightened measures against the pandemic, after Prime Minister Kyriakos Mitsotakis announced the new lockdown to help stop the...

Back in the early 1990s the word "organic" meant nothing to most Greeks. Food was food and olives were olives. Sure, there were different kinds of olives -- with the ones from Kalamata being the most popular -- but...

The Greek Statistical Authority (ELSTAT) announced on Thursday that the Greek economy  contracted by 15.2% in the second quarter of 2020, a record which even surpasses the recession during the peak of the economic crisis in the years 2011-12. ELSTAT...

One in two Greek citizens cannot afford even one week of vacation this summer due to the recession caused by the coronavirus and the repercussions of the 10-year-long economic crisis, as the Hellenic Statistical Authority (ELSTAT) data shows. Along with the...

An elderly man in the town of Volos, Central Greece, was rushed to hospital on Thursday evening after collapsing from starvation in his home. This is the second such incident this week, after the collapse of a 9-year-old girl in...

According to a European Commission report just released in Brussels, recent demographic changes in Greece may indicate problematic social and macroeconomic imbalances for the country in the future. The report itself presents long-term demographic trends across Europe, including their social...

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...

Estimates of a ten percent economic contraction this year were excessive, Bank of Greece (BoG) governor Yannis Stournaras said on Tuesday, while noting that he still expected the country’s GDP to shrink by 8.0 percent under the worst-case scenario. Speaking...

The International Monetary Fund (IMF) recently presented its World Economic Outlook, in which it predicts that Greece could experience one of the worst recessions in the world due to the coronavirus pandemic. The IMF said that Athens will see a...