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Greece

Greece Among World's 10 Most-Miserable Economies

Greece has ranked sixth in a list of the world’s most miserable economies. The Bloomberg Misery Index compiles inflation and unemployment outlooks for 66 economies. The index is based on the idea that low inflation and unemployment generally illustrate how good a...

Greece 5th Among World's Most 'Miserable' Economies

  Inflation is a disease that can wreck a society, Milton Friedman, the late Nobel laureate economist, once said. Add rising unemployment to the diagnosis, and his profession ascribes a rather non-technical term to the debilitating effect on people: misery. That...

Tsipras Makes His Case to World’s Top Economies

ATHENS – Amid growing outcries that he will isolate Greece economically and force it out of the Eurozone, back to the ancient drachma and certain ruin, Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras has told leaders of...

Speaking English Using Only Greek Words: Zolotas’ Historic Speech

Many Greeks recall the speeches in English — peppered with Greek-origin words and phrases — given by economist and politician Xenophon Zolotas in the late 1950s. Zolotas was director of the Bank of Greece when he appeared in front of...

Greek Economy Set for Continued High Growth in 2024

After a robust recovery from the Covid-19 pandemic and increasing favor with several credit rating agencies, the Greek economy is expected to see a continued trend in positive growth in the new year. The Greek Economy in 2024 In its World...

Greece Ranks Last in EU Gender Pay Gap

The year 2022 has seen multiple challenges and crises come to life including a rising cost of living, increased rent, climate emergency, the ongoing pandemic, and slow progress in gender parity.  Global leaders are facing a series of economic and...

The Guardian Angels Helping Greek Children in Need this Holiday Season

The NGO "Mazi gia to Paidi," or "Together for Children," has been supporting Greek children facing all forms of difficulty, including bullying, disease, poverty, hunger, mental illness, and abuse, since its formation in 1996. Speaking to Greek Reporter, Alexandra Martinou,...

How Many Days Will You Have to Work For An iPhone 13?

The new iPhone 13 is the most sought-after digital item for millions of people around the world now -- but its cost makes it all but prohibitive for many middle class families across the world. While the brand-new iPhone 13...

$120M Luxury Super-Yacht Spotted off Mykonos

A massive and luxurious super-yacht named "Cloudbreak" was spotted near the island of Mykonos on Monday, mystifying everyone who witnessed it.

IMF: Greek Economy to Grow 3.3% in 2021; By 5.4% in 2022

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

Over 1 Billion Doses of Covid-19 Vaccine Distributed Worldwide

As the world moves closer to ending the coronavirus pandemic, the total number of doses of the Covid-19 vaccine distributed across the world has surpassed one billion. While not enough to rid the world of the virus, which has caused...

Prince Charles Stresses Strong Historic Links Between UK, Greece

Kyriakos Mitsotakis and Prince Charles confirmed Greece and the United Kingdom's historical ties, and the ties between the two peoples.

Prince Charles: Today, As in 1821, Greece Can Count on Her Friends

Prince Charles, paid a touching tribute to the historic ties between the U.K., and Greece during a speech in Athens.

Greece Prioritizes Reopening Schools; 476 New Cases, 66 Deaths Announced

In a press conference on Monday, Greek Government Spokesman Stelios Petsas stated that country's top priority after the end of the lockdown is to open schools safely. Greece has been under a strict nationwide lockdown, set to end on January...

Major Foreign Investments Expected to Help Greece Rebound from Covid-19 Crisis

While economies across the world have all been hit hard by the coronavirus pandemic, new foreign investments in Greece are expected to help the country bounce back, promising much-needed growth in 2021. The Greek economy is estimated to shrink by...