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Data Shows 3 Out of 10 Greek Businesses Set Up During Crisis Failed

According to a study which was recently conducted and published by Greece's Center of Planning and Economic Research, three out of every ten businesses...

Poverty Threat Among Greeks Drops Significantly But Remains High

The percentage of Greeks who are at risk of poverty or social exclusion fell by three percentage points in 2018 compared to 2017. 31.8 percent...

ESM Lauds Greek Economy’s Achievements, Warns About Future Measures

The European Stability Mechanism (ESM) published its annual report for the year 2018 on Thursday. The European Institution praised Greece for its recent efforts strengthen...

Ex-PM Samaras Reveals Chancellor Merkel First Proposed Temporary Grexit in 2012

The former Prime Minister of Greece, Antonios Samaras, revealed in a documentary aired by SKAI on Thursday night, that Angela Merkel proposed a temporary...

Austerity Cuts for Civil Servants Are Legal, Says Greece’s Top Court

The Council of State, Greece's highest court, ruled on Friday that the austerity cuts imposed on the country's civil servants during the years of...

Study Shows Greek Hotels Overwhelmingly Dependent on Foreigners

The latest figures regarding the guests staying at Greek hotels reveal that the share of Greek citizens staying in Greek hotels has decreased significantly...

Former PM Pikrammenos Asked Obama to Mediate Between Greece and Creditors During Crisis

The former caretaker Prime Minister of Greece, Panagiotis Pikrammenos, admitted that he sent a letter to Barack Obama in 2012, asking him to intervene...

German Ex-Finance Minister Schäuble Admits ”I Asked a Lot From The Greeks”

Wolfgang Schäuble, the former Finance minister of Germany and the current President of the German Parliament, gave an interview to Berliner Morgenpost newspaper on...

BBC Film Portrays Ten Years of Financial Turmoil in Greece (video)

The nail-biting weeks leading up to the first Greek bailout in 2010 are the subject of a new BBC documentary which aired on February...

Tsipras States Greek Recovery Now Beginning

"2019 will be a landmark year for Greece," Prime Minister Alexis Tsipras said on Sunday while visiting Samothraki island, where he attended Epiphany Day...

One in Three Greeks Lives In Danger of Poverty, Data Show

34.8 percent of Greeks live in poverty or in danger of poverty, according to data revealed by the European Statistics Authority, Eurostat. More specifically, 20.1 percent...

How The Financial Crisis Changed The Eating Habits of The Greeks

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...

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