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Greek economic crisis

Prostitution Thrives During Greek Crisis

The number of male and female prostitutes in Greece has been increasing during the Greek crisis a Panteion University study revealed. While the prices have fallen significantly, the turnover from prostitution, from late 2012 until today, reached between 600...

German Press: 'Greece Might Have to Leave the Eurozone'

Once again, the German press is reporting about Greece’s exit from the Eurozone. The most worrying report came from German newspaper Süddeutsche Zeitung. There will be no solution for Greece’s fiscal problem in the near future, said German Finance Minister Wolfgang Schaeuble, according...

WHIA Members Are Greece's Best Messengers

In his meeting with the World Hellenic Inter-Parliamentary Association (WHIA) board of directors,  Greek Deputy Minister of Foreign Affairs Nikos Chountis described the foreign parliamentarians of Greek origin as Greece’s most valuable messengers, who aid in the country’s efforts for...

Open Rally in Melbourne to ‘Let Greece Breathe’

An open rally in support of crisis-stricken Greece has been organized in Melbourne for Tuesday, April 21, as part of the “Let Greece Breathe” campaign. The rally will take place at Trades Hall, with Australian politicians and trade union representatives...

Couples Prefer Cohabitation Agreements Due to Crisis

Cohabitation agreements are becoming popular in Greece, due to the economic crisis that hit the country in 2009. According to the Greek registry office, since the Ministry of interior introduced the new legislation the number of couples that opt...

Greeks Returning to Darwin Due to Crisis

Over the last 3.5 years approximately 3,500 Greek-Australians, mostly Kalymnians, have returned from Greece to Darwin due to the economic crisis, noted Darwin’s Honorary Consul General of Greece, John Anictomatis, who has also served as governor of Northern Territory...

Greek Migrants in Germany Exceed 30,000

  A significant increase in migrants was recorded in Germany during 2013. While in 2012 the numbers of people who settled in Germany stood at 1.08 million, in 2013 their total number rose to 1.23 million. This is the largest number...

Greece in 'Pessimist's Guide of 2015'

Bloomberg has asked a number of political analysts, economists, investors and military experts to submit their views on which country is in danger of an upheaval in 2015. The “Pessimist's guide of 2015” includes various countries that faced difficulties in the previous...

Greek Exportable Products Popular Abroad

Exports have played a key role in Greece’s economic recovery. During the recession, exports were necessary so that Greek companies could expand beyond the country’s borders. According to the official statistical data, Greek exports have shown a slight decrease...

Has Ermou Street Lost its Glamour?

According to vice president of the Athens Traders Association and member of the board of the Professional Chamber of Athens, Nikos Kogioumtsis, Athens's most commercial street, Ermou Street, has been heavily hit by the Greek financial crisis. Two out of the...