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Greek crisis News

Athens: Striking market vendors hand out 20 tons of free food

Athens - Market stall vendors staging a 24-hour-strike in Greece on Wednesday, set up their stalls in Athens to hand out 20 tons of free food.
In the Media by Katerina Nikolas - 3 comments

Greece 2nd biggest defence spender among the 27 NATO countries

Athens - In spite of crippling austerity measures, a shrinking economy and reliance on bail-out loans, Greece remains the second-biggest defence spender among the 27 NATO countries.
In the Media by Katerina Nikolas - 2 comments

Op-Ed: Majority of Greeks expect 2013 to be worse than 2012

As 2013 dawns a new poll shows the majority of Greeks expect this year to be worse than last, as tough new austerity measures and taxes take effect.
In the Media by Katerina Nikolas - 3 comments

Golden Dawn's Christmas video: A nostalgic view of lost Athens

Athens - Greece's Golden Dawn (Chrysi Avgi) has posted a Christmas video they describe as "A beautiful, romantic and nostalgic video with pictures of old Athens we lost. The old Greek Athens as opposed to modern decline."
In the Media by Katerina Nikolas - 1 comment

Op-Ed: Eurogroup and IMF reach agreement on Greek debt

Ministers from the eurozone in conjunction with the IMF have reached an agreement on Greek debt. The arrangement means Greece will receive €34.4 billion by the end of this year, staving off bankruptcy and a Grexit.
In the Media by Katerina Nikolas - 3 comments

Troika fails to reach agreement on Greek debt

The Troika of Greece's international creditors' failed to reach an agreement on the sustainability of Greek debt, during a 12-hour meeting that ended early Wednesday morning.
In the Media by Katerina Nikolas - 1 comment

Fuel consumption drops dramatically in Greece as taxes rise

Fuel consumption has declined sharply in Greece as the economic crisis deepens. The increase in international oil prices; the EU embargo on Iranian oil; reduced consumer income; and massive hikes in taxes, have all contributed to declining fuel sales.
In the Media by Katerina Nikolas

Greek unemployment rises to record high

As Parliament voted to approve yet more biting austerity measures on the Greek people, the latest unemployment statistics were published. Unemployment has now reached a record high.
In the Media by Katerina Nikolas - 6 comments

'Panic' at Harvard for Papandreou’s ‘Redesigning Europe’ Lectures

Former Greek Prime Minister George Papandreou is about to lead the ‘Redesigning Europe’ study group at Harvard, that has organised a lottery to satisfy the high demand to attend the study group.
In the Media by Stav Dimitropoulos - 4 comments

Troika demands Greeks work 6-day week

Athens - A leaked e-mail sent to the Greek Labor Ministry by the Troika demands that workers in the private sector work a six-day week.
In the Media by Katerina Nikolas - 4 comments
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