Crisis
Greece
Greeks in Crisis
A recent survey by the Greek Statistical Service (MRB Hellas) showed that Greeks are in crisis. In this case not financial, but a psychological one that divides the nation politically and socially.
The results of the survey carried out by MRB...
Greece
Decrease in Price of Greek Holiday Homes
Since the beginning of the crisis, the price of holiday homes at popular Greek winter destinations have been decreased by 52 percent.
According to Kathimerini, a research of certified appraisers from the company Geoaxis shows that about 10,000 holiday homes...
Economy
Countless Auctions in Greece
Greece is facing forced auctions of real estate whereas banks are burdened by toxic loans that have increased dramatically, mentions Wiener Zeitung.
"The toxic loans growing by leaps and bounds" is the title of anAustrian report in Wiener Zeitung, which...
Economy
Crisis Hits Greek Red Cross
The Greek Red Cross is facing major financial and organizational problems and does not have the resources to even organize fundraisers to help the needy.
The public relations manager of the Greek Red Cross (EES) Andreas Potamianos made this statement...
Economy
Onassis Foundation Supports Greek Government
Today, the President of the Onassis Foundation Antonis Papadimitriou met with Greek Prime Minister Antonis Samaras and the Minister of Development Kostis Hatzidakis in Megaro Maksimou.
Mr. Papadimitriou stated that due to the economic crisis, Greeks have suffered and the...
Economy
“Children in Greece Fainting in Playground”
British who used to live in Greece, have returned to their country due to the Greek economic crisis according to a publication of Daily Mail.
In 1989, Lizzie Clifton from Britain spent her holidays in Corfu where she met Nikos,...
Business
Greek Importers Regain Foreign Trust
During the last years, the outbreak of the financial crisis in Greece and the risk of default, caused foreign suppliers as well as multinational companies to lose trust in their Greek partners.
Greek importers were reporting that the situation has...
Greece
Research Shows Link Between Greek Crisis and Heart Disease
The financial and social crisis experienced by Greece during the last years is causing heart disease. Scientific research at the Cardiology Clinic "Elpis" in Athens, showed a large increase in heart attacks; especially in young people, women, and uninsured...
Greece
Rich Become Richer During Crisis
According to the company Wealth-X, in the last five years, the economic elite have succeeded in doubling their assets in spite of the crisis. Another survey of the same company recorded a 20% increase in the wealth of rich Greeks.
The...
Greece
"Mommy, I Promise We Will Never Ask for Food Again!"
A heartbreaking and unfortunately real story of a little girl, who resides at a nursery in Kallithea, in Athens was in tears shouting "Mommy, take us home and we will never ask for food again!" She begs her mother...