Greece

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...

With a steady increase of taxes on cigarettes, the state has fallen short of cashing in as the market share of illegal tobacco products has doubled over the past six years going from 10.1 percent in 2011 to 20...

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...

Property prices are in free-fall, with apartment prices down 41.4% in the 2006-2016 period, Theodoros Mitrakos, vice-governor of the Bank of Greece (BoG) said on Thursday. Addressing a real estate conference, Mitrakos said nominal prices for office space and high-standard...

An article by Kathimerini newspaper reveals the findings of a study on the increased abortions and decreased birth rates in Greece since the start of the financial crisis. According to Kathimerini's report on the study, which was presented during the 7th...

“The international jet-set appeal of Mykonos has helped the island escape some of Greece’s economic woes. Prices have fallen since 2008, real estate agents said, but sales never completely stopped, and a new wave of buyers from the Middle...

Nearly a quarter of tobacco products used in Greece are likely to have been smuggled in to the country, according to the latest data from the Center For Planning and Economic Research (KEPE). KEPE's survey aimed to define the extent of...

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...

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...

The average life expectancy of the contemporary generation will be diminished up to two years due to the financial crisis, which is also increasing the suicide rates by 30%. Another consequence of the crisis: many more people above the...

Greece’s unemployment rate climbed for a sixth month in December, increasing more than economists estimated as it extended a record high. The unemployment rate rose to 14.8 percent from 13.9 percent in November, the Hellenic Statistical Authority said today in...

The Hellenic Professional Yacht Owners Association stated that the yachting sector was facing extinction as it is suffering the worst year in its history due to the economic crisis. Speaking to ANA-MPA, President of the Association Antonis Steliatos said reservations for...

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...

The Center for European Policy (CEP) published a study on Monday which states that Greece added €2 billion to its economy in the sixteen years between 2001 and 2017. This figure is of course quite low compared to other Eurozone...

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...