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Seeing Just One Way for Greece to Go: Up

Καταχωρήθηκε από τον/την Δέσποινα Συριοπούλου on . Δημοσιεύθηκε στο Economy

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ATHENS — The first time Gikas Hardouvelis left his job as a bank economist to try his hand at Greek politics, in 2000, the country was preparing to join the euro currency union, looking forward to a period of prosperity and optimism.

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The economy in Greece

Καταχωρήθηκε από τον/την Δέσποινα Συριοπούλου on . Δημοσιεύθηκε στο Economy

The Greek government-debt crisis, also known as the Greek Depression, is part of the ongoing Eurozone crisis. It was triggered by the arrival of the global economic recession in October, 2008.

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Greece might lose 178 mln euro over Russia’s ban on imports of its agricultural produce

Καταχωρήθηκε από τον/την Δέσποινα Συριοπούλου on . Δημοσιεύθηκε στο Economy

Greece will lose about 178 million euro over Russia’s ban on imports of Greek agricultural produce, Manolis Kefalogiannis, the leader of the group of Greek members of the European Parliament with Greece’s Nea Demokratia party, said on Tuesday.

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After recession, Greece begins a slow ascent

Καταχωρήθηκε από τον/την Δέσποινα Συριοπούλου on . Δημοσιεύθηκε στο Economy

In the heart of Athens, Monastiraki Square shows signs of life. Two years ago, at the height of the financial crisis, this square became overrun with stray dogs, panhandlers, and boarded shop windows. Now, on a bustling summer day, it’s filled with tourists, locals and new businesses. Cafes brim with diners, pedestrians stroll down Ermou with $7 lattes in ubiquitous white cups, and parades of cruise ship passengers with cameras at the ready follow guides speaking in French, German, Japanese, and English up the steps of the Acropolis.

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Russian Sanctions Dim Greek Hopes for Exit From Recession

Καταχωρήθηκε από τον/την Δέσποινα Συριοπούλου on . Δημοσιεύθηκε στο Economy

Greece’s hopes of a 2014 exit from its deepest recession in a half-century may hit a stumbling block after Russia banned European Union food imports in retaliation for sanctions stemming from the insurgency in Ukraine.