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Greece

Happiest Countries in the World: Where Does Greece Stand?

The World Happiness Report, which measures the happiest countries in the world, recently released its rankings, and both Greece and Cyprus measure in the top 100. Greece ranks at the fifty-eighth spot on the list, a stunning 10-spot increase from...

Greeks Have the Most Expensive Mobile Internet in Europe (graph)

The average costs for 1GB of mobile data across Europe has been revealed recently, with Greeks paying by far the most, and Ukrainians the least. Data gathered by HowMuch.net  in 2018 from 6,313 mobile data plans shows a stark disparity...

'Forgotten' Greeks Abroad Need Support, Says Minister

Greece must build bridges and move closer to Greeks in Africa, Deputy Foreign Minister for Greeks Abroad, Terence Quick, has said. Speaking on Sunday after a meeting in Athens with the representative of the Greek community in Harare, Ariadne Psyllou,...

A Sad Picture of the Greek Prime Minister in Havana

For most Greeks, the picture of Prime Minister Alexis Tsipras amid only five state leaders from Latin America and Africa paying homage to the late Fidel Castro in Havana was truly sad. And even more sad was the fact...

Greece Is the Only Developed Country that Defaults on the IMF

After defaulting on its payment to the International Monetary Fund (IMF) at 1:00 am on Wednesday, Greece became the first developed country that failed to meet its financial obligations to the Fund. Greece has officially joined Zimbabwe, Somalia and war-torn Sudan...

9 Things to Know about Greece’s IMF Debt Default

By André Broome, University of Warwick Greece missed the deadline on its €1.6 billion loan repayment due to the IMF June 30, becoming the first advanced economy to default to the fund in its 71-year history. Here are nine essential things to know...

What Would Happen if Greece Defaults on its Payment to the IMF

Minister of Economy, Infrastructure, Shipping and Tourism Giorgos Stathakis said on CNN and The Financial Times that Greece will not make the repayment due to the International Monetary Fund on June 30 (today). The default will put Greece on a...

A Greek 'Postman' Travels to Africa

People in Albania, Morocco, Burkina Faso, South Africa and Zimbabwe welcome an unexpected guest from Greece in their homes. These people were relatives and friends of five migrants who had moved to Greece in search of a better future. Ilias Vrochidis,...

Countries That Failed to Repay the IMF

What will happen if the new leftist-led Greek government of Alexis Tsipras fails to make a 300-million-euro repayment to the International Monetary Fund (IMF) this Friday? Without a new agreement it will not be possible for Greece to gather either the rest of...

Financial Times: IMF Denies Greece Postponement of Payment

Greek officials have asked the International Monetary Fund (IMF) if they can postpone loan repayments but the request was denied, according to a Financial Times report. Athens is scheduled to repay IMF a total of almost 1 billion euros in...

Greek League Named the Worst in the World!

The British newspaper Dailymail ran an in-depth analysis of 34 leagues across the globe and the Greek one emerged as the worst of the lot. The Premier League and the Bundesliga topped the charts. Most of us that follow Greek soccer...

Greece Named Worst Country for Investments in Europe

A report with the countries which investors should and should not avoid was released earlier today by World Bank, leaving the Greek side with a sense of discomfiture, as the country was named as the worst for investments in...

World Record 'Flight of Ikarus' Pilots Return Via Crete

Two pilots in the “Flight of Ikarus” challenge, Britons Richard Foster and Richard Bird, landed in the Cretan village of Sitia, May 7, in their world record microlight journey. According to the local media, the two pilots stayed in Sitia for one day...