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Greece

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Greece must conform to remain in eurozone

German Finance Minister Wolfgang Schaeuble said on Thursday that Germany stands ready to help Greece, but if the country did not meet the requirements set by the European Union, Eu

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Eurozone exit could send Greece back to 1950’s

Hellenic Federation of Enterprises (SEV) president Dimitris Daskalopoulos warned this week that if Greece proves to be “unable, or too weak to keep up with the hard European core,

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Pensioners become born-again farmers

“You can go a week without spending a single euro over here,” says a man who moved back to Crete two years ago to live in the village of his birth.

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Construction firms looking abroad to recoup losses

Due to a lack of new public works, major road projects have come to a standstill.

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Workers launch new wave of strikes

Taxi drivers, tax collectors, are up in arms.

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Project Helios solution for Greek economy

Greece looks towards solar energy to get them out of financial trouble.

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Piraeus Bank resorts to BoG funding

Piraeus Bank was forced to make use of emergency funding from the Bank of Greece after running out of eligible collateral that allowed it to access cheaper European Central Bank fu

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Retail trade down 11.4 per cent

The volume of retail trade in Greece fell 11.4 per cent in June against the same month in 2010.

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Escape tunnel at Greek prison

Officials at Greece’s largest prison say they have prevented an escape by discovering a 10-metre-long tunnel dug by an alleged murderer and two other inmates awaiting trial.

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Record tourist numbers this year

The number of foreign visitors to Greece is expected to reach an unprecedented 16.5 million this year.

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