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Greece

April 23, 2010: Ten Years Since the Official Beginning of the Greek Financial Crisis

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...

Greek Financial Crisis is Contributing to Obesity

The Hellenic Medical Association for Obesity (HMAO) carried out a new study about the obesity in Greece. In the last 10 years the level of obesity in children has increased substantially. According to the data, the obesity has doubled...

Athens International Copes Through Greek Financial Crisis

Athens International (ATH) has managed to attract 11 new airlines this year and is "coping rather well" with the adverse economic environment in Greece, ATH director-communications and marketing Lonna Papadopoulou told ATW at the recent World Route Development Forum...

How The Financial Crisis Changed The Eating Habits of The Greeks

According to a survey conducted by Greece’s IELKA institute of research, during the last 8 years due greatly to the financial crisis that hit the country, Greeks have shifted significantly from what they used to eat a decade ago. As...

The Top Greek Exports that Helped Greece Through the Financial Crisis

When it comes to how Greece has stayed afloat throughout the financial crisis that has gripped the nation since 2010, it is no surprise that products that contributed to the country's economy are certain dynamic exports that are exclusive...

Study Shows Financial Crisis Contributing to Greek Youth Delaying Marriage

A study conducted by In4Youth has shown that young Greeks are delaying marriage due to the financial crisis. Many youth cannot afford to live on their own, the study revealed, forcing them to continue living with their parents and making...

European Commission Report: Greek SMEs Have Declined Drastically Amidst Financial Crisis

The latest numbers released by the European Commission regarding the number of small and medium-sized enterprises (SMEs) show that in the past 7 years, between 2008 and 2015, there has been a shutdown of some 145,000 businesses in Greece. The...

Greeks Cutting Back on Dental Care Due to Financial Crisis

According to ELSTAT, spending on dental hygiene in Greece has fallen dramatically during the past 7 years of the financial crisis hitting the nation. In fact, the numbers are so staggering that there is a conference dealing with the impact...

Greek Drivers Avoid Insurance Due to Financial Crisis

Drivers in Greece often admit to dangerous driving, while the country has recorded one of the highest road fatality rates in Europe. However, they are often found uninsured. A recent survey revealed that Greece has the highest percentage of uninsured...

Greek Child Obesity Exacerbated By Financial Crisis

Children in Greece are more likely to develop life-threatening conditions, such as heart disease, type 2 diabetes, and certain types of cancer, because childhood obesity has been seriously exacerbated during the Greek financial crisis. Hellenic Medical Association for Obesity (HMAO) President...

Financial Times: Fears of Fresh Greek Crisis

A new Greek crisis is on the horizon after the snap general elections that could bring leftist SYRIZA to power which may lead the country to a direct confrontation with its international creditors, according to the Financial Times. The elections in...

Financial Times: Rich Greeks Survived Crisis, SYRIZA's Bark Worse Than its Bite

Rich Greeks did nothing to help Greece overcome the financial crisis and it is not certain that SYRIZA will implement its leftist policies if they come to power, according to a Financial Times commentary. In commenting on Greece's effort to...

Financial Crisis' Deadly Effects on Greek Citizens

A study from the University of Cambridge showed that the Greek financial crisis has deadly effects on Greek citizens. The study entitled Health effects of financial crisis: omens of a Greek tragedy was conducted by a team of scientists from...

Financial Crisis Affects the Greek Diet

We often discuss about the effects that the financial crisis has had on the Greek people, especially referring to wages and pension cuts, suicides and a negative outlook of life in general. But has the crisis influenced our dietary...

Turkish TV Series Help Greeks Forget Financial Crisis

Athens Reuters made an extensive and thorough report on Turkish drama TV series dominating daily Greek TV programmes, with more and more Greeks becoming enthusiastic over the neighboring country’s products. Beginning the report with an Athens taxi driver, his Turkish...