Tag: Crisis

Frankfurter Rundschau: Greek state recovering; the people have defaulted
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Frankfurter Rundschau: Greek state recovering; the people have defaulted

Panos - Feb 15, 2018

The contrast, as it claims, between the gradual improvement in Greece’s economic indices and the “tragic situation” of Greek citizens is focus of a report from Athens…

Greeks who Fled the Crisis Speak Out
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FINANCE
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Greeks who Fled the Crisis Speak Out

Panos - Dec 20, 2017

It is estimated that at least 420,000 Greeks; half of which hold university degrees, left their homeland since the onset of the economic crisis in 2010, according…

Eurostat: One in 3 residents in Greece face ‘material, social deprivation’
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FINANCE
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Eurostat: One in 3 residents in Greece face ‘material, social deprivation’

Panos - Dec 13, 2017

Greece ranks third, from the bottom, in terms of Eurostat's "Material and social deprivation" report for 2016, with only Romania and Bulgaria posting a worse performance. Sweden…

Ombudsman says Greek crisis has all the signs of a humanitarian crisis
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GREECE
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Ombudsman says Greek crisis has all the signs of a humanitarian crisis

makis - Mar 07, 2017

After eight years of recession and increasing belt-tightening, Greece’s economic crisis is showing all the signs of a humanitarian crisis, Greek Ombudsman Andreas Pottakis warns in the…

Dijsselbloem: Greece debt situation not an ‘acute crisis’
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POLITICS
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Dijsselbloem: Greece debt situation not an ‘acute crisis’

makis - Feb 14, 2017

The Greek debt situation is not an “acute crisis,” Eurogroup President Jeroen Dijsselbloem said on Tuesday, with the next loan instalment not needed by Athens until the…

Refugee crisis deals blow to island tourism
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GREECE
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Refugee crisis deals blow to island tourism

makis - Dec 28, 2016

Tourism on the eastern Aegean islands of Lesvos, Chios and Samos was dealt a devastating blow by the migrant crisis, with the main impact in the form…

Greeks lost 40% of wealth during crisis
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GREECE
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Greeks lost 40% of wealth during crisis

makis - Dec 26, 2016

A report released by the European Central Bank (ECB) reveals that Greeks have lost 40% of their wealth. The data showed that Greeks’ median income fell from…

Crisis has changed our eating habits
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GREECE
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Crisis has changed our eating habits

Sokratis - Oct 15, 2016

Greek consumers are eating more and more fruit and vegetables, while consuming ever less meat, eggs and milk. This shift in eating habits comes not thanks to…

Crisis eats into Greeks’ holidays
GREECE
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GREECE
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Crisis eats into Greeks’ holidays

makis - Sep 30, 2016

Greeks cut back on vacations in 2015 in response to increased tax and other obligations, a trend that has continued into this year. The biggest reduction, according…

Rate of homelessness soars in recent years due to the crisis
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GREECE
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Rate of homelessness soars in recent years due to the crisis

makis - May 31, 2016

A recent study carried out by the Municipality of Athens shows that the rate of homelessness has soared in recent years. The main reason cited by respondents…

Provopoulos claims there is “no business plan” to tackle the crisis
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FINANCE
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Provopoulos claims there is “no business plan” to tackle the crisis

makis - May 25, 2016

The former Governor of the Bank of Greece Giorgos Provopoulos argued that there is no “business plan” in place in order to address the Greek crisis. Mr.…

Dragasakis claims that conditions are in place to overcome the crisis
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GREECE
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Dragasakis claims that conditions are in place to overcome the crisis

makis - May 24, 2016

The Government Vice President Yannis Dragasakis argued that for the first time in many years Greece is entering a period of realistic prospects for the economy and…

Migration crisis offsets benefit from Greece being a safe destination
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FINANCE
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Migration crisis offsets benefit from Greece being a safe destination

makis - Apr 21, 2016

The perception of Greece as a tourism destination is deteriorating in the British, German and American markets as a result of the refugee and migration crisis, an…

Greek government dazed and confused over refugee crisis!
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GREECE
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Greek government dazed and confused over refugee crisis!

makis - Mar 28, 2016

The overall position of the Greek government is getting dire by the day. According to a note issued by the Greek Foreign Ministry, the refugee crisis is…

Athens complains to NATO over ‘ineffective’ Aegean patrols, sources say
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Athens complains to NATO over ‘ineffective’ Aegean patrols, sources say

makis - Mar 23, 2016

Greece is unhappy with NATO’s response to the migrant crisis, Kathimerini understands. According to sources, Prime Minister Alexis Tsipras on Wednesday contacted NATO Secretary General Jens Stoltenberg…

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Schäuble: “A deal is a deal…”

ilias1 - Mar 05, 2016

Germany’s Minister of Finances Wolfgang Schäuble asked the Greek government to avoid using the refugee crisis as an excuse to not implement the terms of the latest…

Merkel: EU can’t let Greece plunge into ‘chaos’ in refugee crisis
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Merkel: EU can’t let Greece plunge into ‘chaos’ in refugee crisis

makis - Feb 29, 2016

German Chancellor Angela Merkel said Sunday that the EU cannot allow Greece, a country bailed out from its huge debt crisis, to plunge into "chaos" by shutting…

DNA points to terrorist’s partner as helicopter hijacker
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GREECE
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DNA points to terrorist’s partner as helicopter hijacker

makis - Feb 24, 2016

Forensic evidence from a helicopter that was hijacked on Sunday appears to confirm that the woman who threatened the pilot at gunpoint was Pola Roupa, the partner…

Austria warns EU survival at stake in migrant crisis
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POLITICS
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Austria warns EU survival at stake in migrant crisis

makis - Feb 24, 2016

Austria warned Wednesday that the EU's future was at stake as it pressed Balkan states, in the absence of an effective common response by the bloc, to…

Greece ‘a convenient scapegoat’ on migrant crisis, Mitsotakis says
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GREECE
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Greece ‘a convenient scapegoat’ on migrant crisis, Mitsotakis says

makis - Feb 22, 2016

Conservative opposition leader Kyriakos Mitsotakis has criticized European governments for making Greece a ‘scapegoat’ over the ongoing migrant crisis while calling for greater Turkish engagement in managing…