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Greece

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Greek clothing sector nosediving

After nearly a decade of contraction, the clothes manufacturing sector in Greece is still showing no signs of recovery.

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Draft bill on higher education passed in principle

Appeals by the main opposition New Democracy party for consensus, combined with a proposal for a roll-call vote requested by the Popular Orthodox Rally (Laos) party, and compromise

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PM’s ally resigns in protest

Prime Minister George Papandreou was dealt a blow on Thursday when Deputy Regional Development Minister Haris Paboukis, who has been a close political associate of the premier’s fo

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Finnish headache for eurozone

Market worries about the July deal are increasing, with Schaeuble ruling out collateral.

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Entrepreneurship being led by the young

The number of new companies set up in May and June showed significant growth, especially those set up by young people.

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Athens 38th most expensive city

Athens is the 38th most expensive city in the world according to a report by UBS Wealth Management Research.

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Crematorium gets green light

The Municipality of Thessaloniki has announced the go ahead for Greece’s first crematorium.

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Academics to take action if bill passes

Parliament is preparing to vote on the Greek Government’s contentious university reform bill.

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Billions transferred from Greece to Albania

More than 2 billion euro was transferred from Greece by Albanian, Pakistani and Aghani immigrants between 2003 – 2011.

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Bank deposits rebound in August

Bank deposits in Greece are showing signs of a rebound this month for the first time in the last couple of years.

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