Tag: financial crisis

'Women Supporting Women' Challenge 1

‘Women Supporting Women’ Challenge

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…

Greek economy set to shrink but due for recovery in 2021

Greek economy set to shrink but due for recovery in 2021

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…

Takis Theodorikakos

Diaspora can now register online to vote in Greek elections

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…

Mario Draghi

Athens honours the Italian banker who “saved” the EU

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…

EU Commission President receives Greek President 3

EU Commission President receives Greek President

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…

Greece successfully exits final bailout 14

Greece successfully exits final bailout

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…

Greeks lost 40% of their wealth to financial crisis 16

Greeks lost 40% of their wealth to financial crisis

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 youth unemployment at nearly 50% 18

Greek youth unemployment at nearly 50%

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…