Greece
Greece
Chaos as Protest Farmers Give Away Produce at Street Markets
Thousands of citizens have rushed to the street markets of Athens and Thessaloniki Wednesday where farmers are handing out their produce for free in protest at reforms implemented by the Greek government. They are planning to distribute about 65 tons of fruit...
Greece
The Greek Man Who Brings Light to The World's Most Beautiful Christmas Markets
Giannis Paleochorinos is a Greek businessman who has, over the course of decades, become the man whose business supplies the most spectacular Christmas markets of the world with their most valuable element: lights.
Christmas is the time of the year...
Economy
PM Tsipras: Greece Can Return to Bond Markets After Debt Restructuring
Prime Minister Alexis Tsipras said that Greece can return to bond markets as soon as creditors restructure the country's state debt.
"The goal is to return to the markets. If there is a good decision on the debt issue, Greece...
Economy
Oil Prices and Fear of Grexit Shake World Markets
Stock markets across the world are shaking due to the slump in oil prices and fears that Greece will be driven out of the Eurozone.
The euro is at 1.19609 against the dollar, while oil prices have reached a low for...
Greece
Greek Farmers' Markets Employees Protest… With Their Underwear
Greek agricultural producers and merchants who sell their produce at weekly street markets organized all across Greece, held earlier on Monday an original and “unique” demonstration outside the Greek parliamentary building in downtown Athens, throwing men’s and women’s underwear...
Economy
WSJ: Greece to Return to Bond Markets Wednesday
The Wall Street Journal reports that Greece is planning to issue a long-term bond on Wednesday, which will be the first since the start of the financial crisis and the country's international bailout.
The paper stated that the Greek government "is...
Economy
Stournaras: No Rush For Bond Markets
With the investment seemingly ready to embrace the first Greek bonds since the country went into a crushing financial crisis four years ago, Finance Minister Yannis Stournaras said it won't happen soon.
"We will return by the summer, within the...
Economy
Greece Going Back To Bond Markets
After being locked out of the bond markets for almost four years during a crushing economic crisis, Greece is set to make a wary return in the next few months by issuing a small offer it hopes will attract...
Economy
Greek Street Market Vendors Strike Too
While the government is crowing that social unrest has mostly stopped and that Greeks have begrudgingly submitted to more austerity measures, fruit and vegetable sellers at the open air markets known as laiki said they would strike on May...
Economy
International Media and Markets Greet Passing of New Greek Memorandum
International markets have responded positively to the Greek Parliament’s decision to pass new austerity legislation, which is deemed as highly necessary for the completion of the restructuring of the Greek debt.
The first positive signs came from distant Australia, whose...
Economy
Papandreou’s Referendum Call Rattles Markets, Threatens Bailout
Greek Prime Minister George Papandreou’s surprise announcement will ask voters to decide the fate of international bailout loans and his wobbly Administration through a referendum sent shock waves through the markets, rattling Wall Street, angering European leaders who just...
Greece
When Americans Walk the Streets of Athens…
When Americans arrive in Athens, there are a variety of typical reactions. My, what tiny cars you have! No toilet paper in the toilets- you’re kidding, right? My, I've never smelt more strongly of cigarette smoke! What do you mean, you...
Economy
Wall Street Journal: Misery in Athens Streets
The Wall Street Journal made a report regarding the economic state of Greece and included statements of shop owners who are forced to close their shops and apartment owners who cannot collect their rents.
According to the article, consumers’...
Greece
Heraklion: Discover the Capital of Crete
Heraklion, the capital of the Greek island of Crete, is an ancient city that perhaps is under-appreciated for its many attractions.
Business
Greece Under Lockdown: Travel, Shopping, Work in the Covid Era
Greek authorities on Thursday detailed the restrictions of public travel to be put in place starting at 6.00 AM on Saturday and published a list of the businesses that which will be allowed to continue working during the three-week...