Latest News for: Greek debt

Edit

Bucking the EU, Greece Keeps Tight Ties With China, Investments

The National Herald 22 Jul 2021
Global Voices though said that “COSCO ended up in Piraeus through a synergy of Chinese interests and Greek shipping, years before Greece’s national debt crisis,” which overtook the country ... local agents helped the Chinese navigate through the uncharted–for them–waters of Greek economy and politics.
Edit

2020 Tokyo Olympics kick off amidst cancellation confusion

Korea Times 22 Jul 2021
By Andrew Hammond ... With the U.S ... Within days of the Olympic closing ceremony that summer, the Greek government warned Brussels that the nation's public debt and deficit would be significantly worse than anticipated, and in 2005, the country became the first Eurozone country to be placed under fiscal monitoring by EU authorities ... .
Edit

Brisbane officially announced as host of 2032 Olympics

The Citizens 21 Jul 2021
Detractors bemoan an Olympic legacy of "white elephants" like the rusting stadia in Athens left after the Greek capital hosted the 2004 Games, which cost $11 billion and became powerful symbols of waste during the country's debt crisis. On Tuesday, Greek Prime Minister Kyriakos ...
Edit

Lost City Discovered & a Tablet That Changes History

Armstrong Economics 16 Jul 2021
What they discovered was that the Babylonians were doing trigonometry long before the Greeks. Most historians have always credited the Greeks with creating the study of triangles’ sides and angles. This tablet presents indisputable proof that the Babylonians were using the technique 1,500 years before the Greeks.
Edit

China buys friends with ports and roads. Now the US is trying to compete

Live Mint 16 Jul 2021
The Trump administration was quick to use the DFC, discussing purchasing the shipyard with Greek officials and offering loans to get Ethiopia to shun 5G cellular equipment from China’s Huawei Technologies Co ... Greek satisfaction with the deal soon waned, after China started exerting political pressure to support it in international disputes.
Edit

The deadlock and the ultimate call to Putin

Ekathimerini 14 Jul 2021
Grexit and the drachma, the old Greek currency, are still taboo topics in Greece ... He thought this bluff would make Germany agree to cut the Greek debt ... Tsipras asked during the campaign for a strong “no,” arguing that it would allow him to secure a better debt deal.
Edit

What 22 years of terrible gum disease has taught me about pain, shame and politics

The Observer 12 Jul 2021
That bit is genetic ... It was the middle of the Greek debt crisis, and she’s from Greece. “It is absurd, this line that the Greeks are simply lazier than the Germans.” “Gnnn!” “Per capita productivity is actually higher in Greece.” “Yng!” Turns out the noise I make in affirmation, with my mouth open, is a lot like my polite howl of pain ... .
Edit

Growth targets are feasible, agree gov’t and ESM

Ekathimerini 08 Jul 2021
In any case, he noted, efforts must continue to enhance the growth potential of the Greek economy along with more focused measures for supporting employment and business investments ... If this is combined with a commitment to promote reforms, the Greek debt could remain sustainable, Regling said.
Edit

A Brave New European Central Bank

Wall Street Journal 08 Jul 2021
The European Central Bank on Thursday unveiled a new policy-making strategy, and give its leaders credit for courage ... The ECB’s last monetary overhaul was in 2003—one global panic, seven new eurozone members, multiple sovereign debt crises, three Greek bailouts, a Brexit and a pandemic ago ... The ECB’s symmetry means Ms. Lagarde and Co ... .
Edit

Opinion: Founding fathers laid groundwork for freeing slaves

The Northside Sun 08 Jul 2021
One critic writes ... (Susan K. Smith.) Such people point to the fact that most of the Founding Fathers were slave owners ... conquered by armies; pirate raids on other vessels or coastal towns; births to other slaves; or by individuals who were unable to pay their debts any other way. Some ancient Greek cities had about 30% slaves ... ‹ Previous .
Edit

Greece prepares to issue green state bonds

Ekathimerini 06 Jul 2021
The issue of the first green sovereign bond is not expected this year, but forms part of the long-term strategy of the Public Debt Management Agency ... He says the fact Greek debt is not investment grade does not matter, as it is an attractive market anyway, given the demand for all previous issues.
Edit

Picasso painting found in Greek gorge years after heist

The Jordan Times 30 Jun 2021
... on the back — "For the Greek people, a tribute by Picasso" ... The theft, at the height of the Greek debt crisis, was followed a few months later by another high-profile robbery of nearly 80 archaeological artefacts from a museum in Olympia dedicated to the ancient Olympic Games.
Edit

Greece recovers Picasso years after gallery heist: officials

Raw Story 29 Jun 2021
But police have arrested just one person, a 49-year-old Greek man, in connection with the case ... The theft, at the height of the Greek debt crisis, was followed a few months later by another high-profile robbery of nearly 80 archaeological artifacts from a museum in Olympia dedicated to the ancient Olympic Games.
Edit

Greece recovers Picasso stolen in 2012, police say

Taipei Times 29 Jun 2021
The Spanish master had given the cubist painting to the Greek state as a tribute to the country’s resistance to Nazi Germany ... The theft, at the height of the Greek debt crisis, was followed a few months later by the robbery of nearly 80 archeological artifacts from a museum in Olympia dedicated to the ancient Olympic Games.
Edit

Vaccine incentive: Young Greeks to get R2 558 cash card, free phone data for month

Independent online (SA) 29 Jun 2021
"It's a debt to the youth, a gift out of gratitude," he added. Around 940 000 Greeks aged 18-25 who get their first shot by the end of the year will be eligible for the "freedom pass" cash bonus, the government said ... From Monday, fully vaccinated Greeks can also go to work or the ...

Most Viewed

×