On March 25, 2013, the Cypriot bail-in became a reality and thousands of people saw their savings melt. In an effort to rebounce, Greek investors who were affected by the bail-in have sought legal resort and now seem to stand a fair chance to have their case tried and possibly recuperate a portion of their losses.
If you’ve spent any time on Instagram or any social media for that matter in the last couple of days, you’ve most likely come across the ‘Women Supporting Women’ challenge. So, what…
The President of the Hellenic Republic, Katerina Sakellaropoulou, stressed the need for a national plan for the immediate use of European funds in order to rebuild the economy as soon as possible,…
In its latest report submitted to Greek Parliament on Monday, the Bank of Greece estimates that the country’s economy is set to contract by 4.4% to 9.4% this year. According to its…
Following the historic vote on Wednesday in Greek parliament which allowed diaspora Greek to exercise their voting rights from their place of residence, Interior Minister Takis Theodorikakos said on Thursday, that all…
The prestigious Academy of Athens, yesterday honoured the outgoing European Central Bank (ECB) President Mario Draghi, for his role in rescuing the European economic and monetary union and for his response and…
European Commission President Jean-Claude Juncker on Wednesday received Greece’s President Prokopios Pavlopoulos during his official visit to Brussels. Following their meeting , the Greek President and Jean-Claude Juncker attended a working luncheon…
The European Parliament’s Budget Committee approved €2.3 million to help assist 550 Greek media workers made redundant to find new jobs. The aid will be used to finance a series of measures…
EU Commissioner for Human Rights Dunja Mijatovic said that the “Greeks behaved with sympathy and understanding to the refugees when the crisis broke out. They wanted to help the refugees although they…
German magazine Spiegel reports that Greece is likely to bring up the matter of war reparations during the visit of Germany’s President Frank-Walter Steinmeier to Athens this Thursday. According to Spiegel, the…
Greece’s Prime Minister Alexis Tsipras has addressed the European Parliament today, presenting his vision for Europe and hailing the success of the Greek people and his government in negotiating and exiting the financial…
Greece’s emergence from nine years of crisis and international financial bailouts marks a “new day” for the country, a “day of redemption but also the dawning of a new era,” Prime Minister…
Greece has successfully exited its final, three-year bailout program, agreed in August 2015 to help it cope with the continued fallout from a debt crisis, the euro zone’s ESM rescue fund said…
According to the latest data from the Bank of Greece’s survey, Greeks lost 40% of their wealth between 2009 – 2014 during the financial crisis. The survey data attribute this staggering loss…
Greek unemployment rate eased to 23.4 pct of the workforce in June, from 23.6 pct in May and 24.9 pct in June 2015, with the number of unemployed people in the country…