The Greek Ministry of Foreign Affairs was assigned to the US State Department’s report on human rights and the report that exists in Greece. In the statement it issued, it points out that “the report records, without further investigation, complaints by non-governmental organizations for which no independent verification is carried out.” It is then emphasized … Read more
As long as Greece continues its economic policies and commitment to fiscal consolidation, while successfully implementing the remaining reforms, there could possibly be an upgrade from Moody’s, he estimates in his interview with “Step” The Colin Ellisits Global Credit Strategist Moody’s Investor Service. According to the credit strategist, a higher rating could be supported by … Read more
They live in caves, in the absence of cheap housing, go on hunger strike and create a human chain in tourist spots. The people of Tenerife complain about the rampant tourism that has plagued the area, creating a series of serious practical issues and altering the physiognomy and character of their town’s settlements. And if … Read more
The French plan to transfer the Olympic Flame from Greece to France sounded really impressive: The transfer is to be carried out by sea on their most emblematic three-masted sailing ship, the “Belem”. Today, however, they are the same ones who see the project as a big risk. The ship will have to cross the … Read more
In her interview withStep» the president of Slovenia, Natasha Pierce Mushar. Mrs Moussar, who as president is also supreme commander of her country’s armed forces, says she supports every effort to strengthen European defence. Regarding the bilateral relations between Greece and Slovenia, the 55-year-old politician believes that there are many opportunities to further strengthen the … Read more
The average hourly labor cost in the economy was calculated, for 2023, at 31.8 euros in the EU and 35.6 euros in the eurozone countries, compared to 30.2 euros and 34.0 euros, respectively, in 2022, according to data that Eurostat published today. Greece, with an hourly labor cost of 15.7 euros, ranks in the zone … Read more
Greece is now an attractive destination for investments, but the fact that the 45% of foreign direct investment was directed to the real estate market last year raises some concerns about the country’s ability to change its economic model, says Wolfgang Piccoli, co-president and Political Risk consultant at Teneo, in an interview with Vima. The … Read more
Before completing the first quarter of its life, the 21st century has already hosted some of the greatest crises in history. Crises that can only be compared to the Great Depression of 1929 and the “oil shock” of 1973-74. The bursting of the “dot com bubble” of 2000, followed by the Great Deleverage/Recession of 2007-2008, … Read more
We millennials and Zoomers are unfairly complaining that we don’t have money, since it seems like it’s only a matter of time before we become the richest generation in history. That, at least, is what a new study by the real estate company claims Knight Frank, according to which, within the next 20 years there … Read more
The Greek economy achieved a growth rate of 2% in 2023, according to the first estimates of ELSTAT with the performance of Q4 at 1.2% on an annual basis, as reported by ot.gr. The rhythm is slower than estimated of the government which expected a 2.4% increase in GDP, but also of the European Commission … Read more