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Europe

OECD: Greek Students’ Performances Are Disappointing

Although younger generations complain about the lack of education -- particularly in people of previous generations -- European statistics reveal that the future generations aren’t doing well either. According to the results of the annual report of the Organization for...

OECD Chief Gurria Says Eurozone Will Stay Intact

The European Central Bank should do more to stem the crisis in the Eurozone because current financial entities are not sufficient, the Secretary-General of the Organisation for Economic Cooperation and Development (OECD) said on Sept. 2. "If you have the...

OECD:The European Agreement Has Little Effect on Amount of Greek Debt

The Organisation for Economic Co-operation and Development (OECD) believes that the additional money to be given and the Greek debt restructuring agreed upon recently by European leaders will offer Greece the necessary time to move on with its reforms. However, the...

Greeks Cut Down on Drinking: Alcohol Consumption Drop Highest in EU

Greeks drastically cut down on alcohol consumption during the 2010 to 2019 decade, the Organization for Economic Co-operation and Development (OECD) said in a report released on Monday. Greece ranks in the penultimate position of the European list, exhibiting the...

French President Macron Tests Positive for Covid

French President Emmanuel Macron has tested positive for COVID-19, the presidential Elysee Palace announced on Thursday. It said the president took a test “as soon as the first symptoms appeared.” The brief statement did not say what symptoms Macron experienced. It...

British Wage Cuts on a Par With Greece

The Trades Union Congress (TUC) study has found that workers in Britain have suffered the biggest drop in real wages since the financial crisis - more than any other leading economy besides Greece. Real earnings of British employees declined...

Greece Among the 16 Best Countries to Find a Job

High levels of employment and the creation of new job positions are vital factors for economic development and for the welfare and happiness of citizens in every country. Glassdoor, an American website where employees and former employees anonymously review companies...

Greek Pharmaceutical Companies Looking to Expand in Turkey

Greek pharmaceutical and cosmetics companies are trying to expand further in Turkey, in an effort to exploit the country’s growth potential that is quite significant. According to data from the Greek embassy in Ankara, from 2007 to 2012 the pharmaceutical...

Greece and Bulgaria: Worst Public Transport in Europe

For the very first time, the European Commission published today, a scoreboard concerning transport in the EU. The table compares the performance of Member States in 22 categories related to transport and in most of those categories it identifies the...

Greek Photographer Wins European Competition

Greek photographer, Nikos Christofakis won the pan-European photo competition on the financial crisis. The winning photo shows a beggar outside a Greek bank. He describes himself as a "street photographer" who doesn't restrain himself at work. "In my job time dictates...

Bild: Greeks Richer than the Germans

An article was published in the German newspaper Bild entitled “The Greeks are richer than us,” in which a journalist justifies his opinion explaining various reasons of how he has developed this opinion. “The figures are official. The average wealth...

Wall Street Journal: “A Possible Grexit is Imminent”

  The German edition of the Wall Street Journal (WSJ), suggests that a Greek exit (Grexit) from the euro is still imminent. This time the Drachma scenario is being resuscitated not because the economic crisis in Greece is getting worse. Quite...

FOCUS: Greek State No Longer Afraid of Troika

According to the German magazine “Focus,” Greece has a negotiation advantage over its creditors this time. In the related article, Robert Halver, an analyst of Baader Bank, estimates that “the next loan installment to Greece will surely be approved...

Number of Greek Students in Turkey Increased

An increasing number of Greek students choose Turkey for their undergraduate and postgraduate studies. According to the data by the Organization for Economic Co-operation and Development (OECD) concerning Greek students abroad, 2,9 percent of all Greeks study in Turkey. In...