Greece
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Jobless nears 20 per cent
The rate of unemployment has risen drastically and is at 18.4 per cent as of August this year, up 12.2 per cent from the same time last year.
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As local business dries up, firms tap Chinese market
As a businessman, there are three ways to make money from China’s economic upswing. You can attract investment so as to secure capital, you can look for cheap suppliers or you can
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Samaras at odds with PM
A day that started with the possibility of New Democracy having a considerable say in the formation of an interim government ended with conservative leader Antonis Samaras calling
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Thessaloniki suburbs still crawling with rubbish
Fifteen days since POE-OTA, the federation of municipal workers’ unions, ended its strike action, many neighbourhoods across Thessaloniki are still choked with trash.
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Crisis forces boutique owner to turn robber
The ever-deepening economic crisis and the increasing dire financial straits of his own business prompted a 44-year-old Glyfada boutique owner to turn robber and start terrorising
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Schengen membership wavering at present
Greece’s efforts to tackle illegal immigration are still being monitored by European authorities.
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Papandreou ready to go
As the idea of a referendum gets scrapped, Papandreou prepares to abandon leadership.
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Budget deficit at 19.161 billion euros
The Greek state budget deficit totalled 19.161 billion euros in the January-September period.
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Referendum for Greece
Greece will go to a referendum on December 4 to decide whether they want to stay in the eurozone or go back to the drachma.