Latest News for: Greek debt

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Scope Ratings Affirms Greece's BBB- Rating and Upgrades Economic Outlook to Positive

Greek City Times 13 Jul 2024
Scope expects Greek debt levels to keep decreasing in the coming years, a key factor behind last August's upgrade of Greece to investment grade ... and the positive prospects for the Greek economy.".
photo: Creative Commons / Manfred Werner (Tsui)/https://commons.m.wikimedia.org/wiki/User:Tsui
Late evening in Naxos Chora (Naxos island, Naxos and Lesser Cyclades/Cyclades, Greece). 20 August 2020.
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Why is Greece introducing a six-day working week?

Al Jazeera 12 Jul 2024
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Fourth of July: How Ancient Greece Inspired American Independence

Greek Reporter 04 Jul 2024
US Capitol Building, which was inspired by ancient Greek and Roman architecture ... The ideas of checks and balances, separation of powers, and the importance of a virtuous citizenry were all influenced by ancient Greek political thought.
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EU nation adopts six-day working week

Russia Today 02 Jul 2024
Productivity has been among the biggest issues for the Greek economy since it plunged into a steep recession following the debt crisis of 2009, which triggered a major rise in unemployment as many businesses went bust.
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Greece brings in SIX-DAY week in response to

The Daily Mail 02 Jul 2024
Greece's debt crisis of 2009 plunged its economy into a brutal recession and sparked a major rise in unemployment as many businesses went bust ... The six-day scheme does not apply to all Greek workers.
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Is France The Next Greece?

The Liberty Beacon 02 Jul 2024
Long and short-term bond yields skyrocketed as the value of Greek debt plunged and bond investors fled to greener pastures ... Meanwhile, the US has many of the same problems — raging deficits, low growth, rising debt-to-GDP ratio, and high inflation.
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Greece introduces ‘growth-oriented’ six-day working week

The Liberty Beacon 02 Jul 2024
In an unprecedented exodus, about 500,000 mostly young educated Greeks are estimated to have emigrated since the near decade-long debt crisis erupted in late 2009 ... Greek parliament endorsed the law.
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Greece's plan for a 6-day workweek to boost productivity may not work

Business Insider 02 Jul 2024
The Greek phrase meaning "slowly, slowly" ... Some 500,000 largely young and educated Greek citizens have left the country following a debt crisis that began more than a decade ago, the newspaper reported.
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Greece introduces ‘growth-oriented’ six-day working week aimed at turbocharging productivity

The Irish Times 01 Jul 2024
Greeks already work the longest hours in Europe, putting in an average 41 hours a week ... In an unprecedented exodus, about 500,000 mostly young educated Greeks are estimated to have emigrated since the near decade-long debt crisis erupted in late 2009.
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How the ‘unforced error’ of austerity wrecked Britain

The Observer 28 Jun 2024
But UK debt was clearly far smaller relative to the economy than Greece’s – and it became obvious early on that contagion from the Greek debt crisis was restricted to eurozone nations ... levels of debt.
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IMF boss: ‘I care more deeply than my predecessors, and that’s not me bragging’

AOL 20 Jun 2024
At the height of the country’s debt crisis in the 2010s, the former Greek finance minister Yanis Varoufakis compared its austerity drive to ‘fiscal waterboarding’.
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Top Bank of Cyprus Investors to Explore Sale of Stake

Live Mint 20 Jun 2024
... Argentaria SA to buy rival Banco de Sabadell SA has gripped the nation amid the government’s opposition.  Greek banks are faring better after the nation emerged from a decade-long debt crisis.
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Patrick Lawrence: Europe’s Elections as US Mirror

Consortium News 20 Jun 2024
(European Parliament, Flickr, CC BY 2.0) ... ScheerPost ... Readers may recall the brutality with which Brussels and Frankfurt had Athenians eating out of garbage cans nine years ago to protect the interests of bond investors holding Greek sovereign debt ... 62.
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State asset strategy overhaul

Ekathimerini 18 Jun 2024
... the reforms promoted and ensure that from now on the utilization of public property will have benefits for the Greek economy in general and not only for servicing the debt, government sources say.
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Europe’s Elections as a Mirror, by Patrick Lawrence

The Unz Review 16 Jun 2024
Let us try to understand them. The E.U ... The E.U ... Readers may recall the brutality with which Brussels and Frankfurt had Athenians eating out of garbage cans nine years ago to protect the interests of bond investors holding Greek sovereign debt ... The E.U.

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File - In this handout photo taken from video released by the Russian Defense Ministry Press Service on Monday, Dec. 19, 2022, The Sovershenny corvette of Russia's Pacific sails off for joint naval drill planned by Russia and China. The joint naval exercise is set to start later this week in the East China Sea.
AP / Russian Defense Ministry Press Service via AP
Late evening in Naxos Chora (Naxos island, Naxos and Lesser Cyclades/Cyclades, Greece). 20 August 2020.
Creative Commons / Manfred Werner (Tsui)/https://commons.m.wikimedia.org/wiki/User:Tsui
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Creative Commons / photo by BoliviaInteligente on Unsplash
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