Latest News for: Greek debt

Edit

Why Do We Dream of Teeth Falling Out? Science May Have the Answer

IFL Science 24 Nov 2023
There are some dreams that almost everyone seems to have ... Advertisement ... Related Stories ... This apparent inconsistency has sparked numerous interpretations down the years, beginning with the Ancient Greek dream reader Artemidorus, who related the loss of teeth in dreams to the payment of financial debts ... Advertisement ... Advertisement. [H/T. PsyPost]. .
Edit

Four out of 5 Greeks with a low educational level consider themselves poor

Greek City Times 21 Nov 2023
According to data released on Monday, one in three Europeans with a low level of education is subjectively considered poor, compared to four in five Greeks ... The assessment considers the state of households’ material well-being, including income, expenditure, debt and wealth. READ MORE. Seven out of 10 Greeks aged 18-34 live with their parents.
Edit

It will take a transformational leader to keep U.S. from becoming next Greece | Opinion

Cincinnati.com 20 Nov 2023
In 2015, when I first taught a class about America’s debt and deficit problem, I called it "Is America the Next Greece?" At that time, it was fashionable to bash this small Mediterranean island of 10 million people ... The Greek debt-to-GDP ratio has fallen from 189% to 146% in just three years, and Greece is the new, great comeback story.
Edit

Greece: From Europe’s black sheep to a world leader in debt reduction

Ekathimerini 16 Nov 2023
From around 206% of GDP in 2020, Greek debt is expected to decline this year to around 160% of GDP, and this downward trajectory is expected to ...
Edit

EU Commission: Greece above the EU average, growth of 2.2% until 2025

Greek City Times 15 Nov 2023
The Commission said that the lower fiscal deficit and steady nominal GDP growth will support the reduction of the high public debt-to-GDP ratio. According to , the Greek economy recorded steady growth in the first half of 2023, based mainly on consumption and net exports ... Growth forecast for 2024 (%).. 4.0. 3.1. 3.0. 2.7. 2.6. 2.5. 2.5. 2.4. 2.4. 2.3. 2.0. 1.9.
Edit

Greece, a debt cut champion

Ekathimerini 14 Nov 2023
Despite the fact that in absolute terms the Greek debt remains high, its sustainability is particularly strong, with the “consolidation” of its downward trajectory supporting the continuation of the upward trajectory of the country’s assessment, which the market has spotted and rewarded.
Edit

SYRIZA’s Euclid Tsakalotos quotes Indian Epic in his resignation letter

Greek City Times 13 Nov 2023
In the letter, Euclid Tsakalotos uses the phrase from the Bhagavad Gita, which is part of the great Indian epic Mahabharata ...Dear President, ... Former Greek finance minister Euclid Tsakalotos, who navigated the country out of its debt crisis and EU bailouts, cut ties with his SYRIZA party Sunday, accusing its new leader of “Trumpism practices”.
Edit

Honors for Greek producers in border regions

Ekathimerini 09 Nov 2023
Can stubbornness against all odds or the toil and struggle in the lands and waters of the homeland’s borders be rewarded? Our debt to the Greeks living in the country’s border regions is enormous, collective and personal for each one of us ... [Nikos Kokkalias] Greek President ...
Edit

Eurobank posts lower profit on higher provisions, costs

Reuters 07 Nov 2023
The bank last month was the first from Greek lenders to end state participation in its share capital by repurchasing a 1.4% stake from state-controlled bank bailout fund HFSF ... Greek lenders have returned to profit in the last few years and hope to resume paying dividends in 2024, for the first time since the Greek debt crisis erupted in 2010.
Edit

‘Two moments’ when threat of Grexit felt close

Ekathimerini 06 Nov 2023
A few years ago, as the head of the International Monetary Fund, it would not have been easy for her to walk in central Athens, when Greece was in the midst of its government debt crisis ... in employment, growth, the fiscal situation and the debt-to-GDP ratio ... Is the high debt-to-GDP ratio of any concern to you?.
Edit

Currys to sell Greek division Kotsovolos for £175m

The Times/The Sunday Times 03 Nov 2023
Currys has agreed to sell its Greek and Cypriot division for an enterprise value of £175 million, in a move that it says will simplify its business and help to pay down its debts.
Edit

Alpha Bank, Piraeus Bank profits up on higher interest rates

Reuters 03 Nov 2023
"(It is) the first investment by a large European strategic player in the Greek banking sector since the onset of the ... They have returned to profit in the last few years and hope to resume paying dividends in 2024 for the first time since the Greek debt crisis erupted in 2010.
Edit

Greek fish farming and its smuggling mafia

Ekathimerini 30 Oct 2023
Zombie companies, unlicensed units, widespread smuggling and debts of millions of euros make up the dark side of Greek fish ...
Edit

The history of Ioannis Metaxas (Prime Minister of Greece 1871-1941) and the Greek OXI

Greek City Times 29 Oct 2023
The absolute brilliance of Ioannis Metaxas undoubtedly left its mark in Greek history when on October 28th, 1940, he refused to surrender the country to the Italian forces ... Cancelled the Greek national debt ... His act of refusing to surrender the country to the enemy, Metaxas’ OXI, is alone an act that characterizes a Great Greek.
Edit

Greece Commemorates OXI Day with Military Parade, Honoring 83 Years of Resilience

Greek City Times 29 Oct 2023
She added, "Today, on the anniversary of the heroic 'OXI,' we pay tribute to those who fought and sacrificed for our freedom and acknowledge our debt to them. The Armed Forces, inspired by the spirit that united the Greeks in the crucial moments of our history, defend our non-negotiable rights.

Most Viewed

This handout photo provided by the Uttarakhand State Department of Information and Public Relations shows rescue workers cheer, along with Pushkar Singh Dhami, Chief Minister of Uttarakhand state, center wearing white helmet, and Indian Minister of State of Road Transport and Highways V.K. Singh, center right, in the northern Indian state of Uttarakhand, India, Tuesday, Nov. 28, 2023
AP / Uttarakhand State Department of Information and Public Relations
Russian President Vladimir Putin chairs a Security Council meeting in Moscow, Russia, Friday, Nov. 24, 2023
AP / Mikhail Klimentyev, Sputnik, Kremlin Pool Photo
US Flag in Utah
Creative Commons / Clément Bardot / https://creativecommons.org/licenses/by-sa/4.0/deed.en
This handout photo provided by the Uttarakhand State Department of Information and Public Relations shows Pushkar Singh Dhami, right, Chief Minister of the state of Uttarakhand, greeting a worker rescued from the site of an under-construction road tunnel that collapsed in Silkyara in the northern Indian state of Uttarakhand, India, Tuesday, Nov. 28, 2023
AP / Uttarakhand State Department of Information and Public Relations
×