European South
Business
Corporate Bankruptcies Down 15.8% in Greece in 2014
Company bankruptcies in Greece slowed to 330 in 2014, from 392 in 2013, for a decline of 15.8%, the second biggest percentage decline in European south after Spain, a survey by ICAP Group, a member of the Federation of...
Greece
OECD: Greeks Not as Lazy as Other Europeans Think
Latest data published by the Organization for Economic Co-operation and Development (OECD) regarding the average European citizens’ working hours, reversed the unflattering stereotype of the lazy Greeks, which the country’s ongoing economic crisis has left them with. Contrary to what...
Economy
S&P Warns Euroscepticists Could Hurt European Ratings
A warning that might lead some Greek voters to reconsider their options, just 48 hours ahead of the Greek general elections, was issued earlier today by New York-based ratings house Standard and Poor’s (S&P). As it announced, European countries could face...