Tag Archive | "crisis"

Democracy ‘retreated’ during crisis, says Papoulias

The crisis caused the democratic process to “retreat” and that is probably the most dramatic side effect of the financial crisis noted Greek President Karolos Papoulias in a statement marking the restoration of democracy in Greece following the fall of th… … Full News here – Latest News

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IOBE warns crisis will return if reforms are not implemented

The Greek economy will expand by 0.7 percent this year but it risks slipping back into the mire of the recent crisis years unless the reforms are implemented, the Foundation for Economic and Industrial Research (IOBE) warned in its quarterly report publis… … Full News here – Latest News

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The Greek Economic Crisis Could Turn Athens Into a Major Beach Destination

The Greek Economic Crisis Could Turn Athens Into a Major Beach Destination While most waterfront redevelopments sit among empty quays and ex-industrial rust, this site is bordered on one side by one of Athens's wealthiest, most coveted neighborhoods, Glyfada. Calling the area "Greece's Beverley Hills" or "the Hellenic … Full News here – Read more […]

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Merkel praises Greek progress to exit crisis, launches new fund in Athens

Merkel praises Greek progress to exit crisis, launches new fund in Athens German Chancellor Angela Merkel sent a message of confidence in Greek economy during a visit to Athens Friday, praising her hosts for the progress achieved in the battle to exit the financial crisis, a day after the country successfully returned to … Full […]

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2/1/2014: Front Page: Islet crisis re-examined

Paying respect to the memory of the three Greek navy officers who died in the line of duty during the military standoff between Greece and Turkey in 1996 on the eastern Aegean Imia islets demands a cool-headed and thorough study of what exactly went… Full News here – Kathimerini English

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Merkel cautions against ‘deceptive calm’ as crisis risk remains

German Chancellor Angela Merkel called for a fresh push to create “real economic union” through changes to European treaties, saying that the euro-area debt crisis isn’t yet defeated. Addressing lawmakers in Berlin on Wednesday in her first policy speech … … Full News here – Latest News

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Cost of crisis is unevenly spread

Political considerations and recent court decisions deeming the wage cuts imposed on special categories of civil servants unconstitutional are making it harder for the bailout program to stay on track. This is not good news for the citizens who have borne… … Full News here – Latest News

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E-commerce gains ground thanks to the crisis

Greek consumers are the biggest users of electronic commerce in the south of Europe despite the fact that the penetration of the Internet and of online shopping has been somewhat delayed in coming to Greece, according to a study by E-Commerce Europe – the… … Full News here – Latest News

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Troika takes flak from EU lawmakers over crisis conditions

EU lawmakers put the Troika under the microscope this week, wanting to know how and why the trio of international creditors imposed eurozone debt bailouts at such high cost to the ordinary public. Transparency, accountability, why were forecasts missed an… … Full News here – Latest News

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12/17/2013: Front Page: Politicians retain wealth during crisis

Ample incomes, mostly declining deposits and some spectacular declarations is probably the best way to sum up the plethora of financial information published on Parliament’s website yesterday as part of the annual process of making politicians’ origin… Full News here – Kathimerini English

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A Greek American's Greek Identity Crisis in Athens

A Greek American's Greek Identity Crisis in Athens ATHENS, Greece—"Hello, my name is Matt Vasilogambros," I say, introducing myself to a businessman here. I put an emphasis on the "lo" in my five-syllable surname (VA-SI-LO-GAM-BROS), rolling through the end of my name with Mediterranean ease. Full News here – Read more on National Journal

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11/23/2013: Front Page: Crisis sends pay-TV penetration rates soaring

REALITY CHECK Few industries in crisis-gripped Greece can boast the growth that pay TV has shown over the last two or three years, helped by a major increase in competition along with a variety of options offered to subscribers combined with broadband… Full News here – Kathimerini English

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Crisis sends pay-TV penetration rates soaring

Few industries in crisis-gripped Greece can boast the growth that pay TV has shown over the last two or three years, helped by a major increase in competition along with a variety of options offered to subscribers combined with broadband Internet. However… … Full News here – Latest News

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Crisis forces women’s teams to play twice in two hours

Money problems have convinced two teams in women’s volleyball to play each other twice within two hours, as besides their league meeting they have been drawn together for the cup, too. The financial crisis has taken its toll on Greek sports, both on profe… … Full News here – Latest News

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11/6/2013: Front Page: OECD well-being survey shows impact crisis is having on Greeks

The average Greek household has been affected considerably by the financial crisis, according to the well-being report published yesterday by the Organization for Economic Cooperation and Development (OECD). The report found that from a total of 11… Full News here – Kathimerini English

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