Greece
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Merchant marine booster
The merchant marine brought Greece foreign exchange inflows of no less than 140 billion euros in the 2000-10 decade, according to an annual report released by the European Communit
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Greek hotel scam uncovered
The Electronic Crime Squad has solved a serious case of fraud involving fake hotel bookings and the crediting of citizens’ credit cards through the internet.
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Higher writedowns could derail privatisations
Greece’s ambitious privatisation process cannot move forward until the size of proposed private sector involvement (PSI) in restructuring the national debt have been settled.
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Greece, Turkey eye joint tourism packages
The tourism sector has emerged as the major pylon of economic growth and stability for Greece, a fact which will be confirmed with the signing of a protocol of cooperation between
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Debt crisis changes eating habits
Nine out of 10 Greeks have changed their food shopping habits since the debt crisis started eating into household budgets with one in four claiming to buy only the basics.
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EU leaders delay summit to decide on Greece
European Union leaders will delay a summit meeting planned for next Monday by almost a week, buying time to agree on a crisis strategy to boost struggling banks and cope with debt-
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IMF foresees trouble in Cyprus economy
The International Monetary Fund said that Cyprus’ economy will expand at a slower pace until 2012 as global growth slows down.
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Exports account for ten per cent of GDP
Exports account for more than to per cent of the Greece’s gross domestic product, or more than 20 billion euros on an annual basis, recording a 13 per cent growth rate, the Panhell
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Skilled Greeks in demand
Yelena Togias reports about the benefits of skilled Greek employees and takes a closer look into how businesses can sponsor skilled Greeks who want to migrate to Australia