By Sotiris Nikas , Paul Tugwell , and Danielle Bochove
11 Σεπτεμβρίου 2017, 3:50 μ.μ. EEST 11 Σεπτεμβρίου 2017, 8:31 μ.μ. EEST
“Irrespective of what will happen next, the damage for Greece as an investment destination is done and it is very significant,”
Eldorado Gold Corp. has put Greece on the spot.
The Canadian mining company’s decision on Monday to suspend all its operations in Greece, citing delays in acquiring routine permits, puts the Syriza government of Prime Minister Alexis Tsipras in a difficult position. Eldorado Gold is the largest foreign investor in Greece and its decision comes as the country, which is working on creating a sustainable path to exit its bailout program, tries to lure foreign investments.
Tuesday, September 12, 2017
Thursday, November 13, 2014
jobless rate fell to 25.9 percent in August from a downwardly revised 26.1
percent rate in July as the country's six-year recession eases, Greek statistics
agency ELSTAT said on Thursday. Greece
August's reading was the lowest since August 2012 when unemployment stood at 25.5 percent. The record high was set in September 2013, when unemployment hit 28 percent.
(Reporting by George Georgiopoulos, editing by Deepa Babington)
Tuesday, November 26, 2013
By Jim Tankersley and Scott Clement,
Tuesday, November 26, 2:03 AM E-mail the writers
CHESTER, Pa. — The alarm rang on John Stewart’s phone at 1:10 a.m. Up at 1:30, he caught one bus north into Philadelphia a little after 2 and another bus, south toward the airport, half an hour after that. He made it into work around 3:25 for a shift that started at 4, for a job that pays $5.25 an hour, which he cannot afford to lose.
Friday, July 12, 2013
The New York Times
July 9, 2013
By THE EDITORIAL BOARD
Wednesday, June 12, 2013
ATHENS — Under pressure from its creditors to cut public employment, the Greek government said Tuesday that it was closing down its state-run television and radio broadcaster, idling 2,900 people — less than 1 percent of the public work force — and outraging the country’s powerful labor unions.
Describing the Hellenic Broadcasting Corporation, known as ERT, as a “haven of waste,” a government spokesman said ERT, which went off the air at 11 p.m. local time, would reopen soon as a “modern state organization” with a fraction of the current staff.
Thursday, April 11, 2013
By Tom Stoukas - Apr 11, 2013 1:45 PM GMT+0300
The seasonally adjusted rate rose to 27.2 percent from a revised 25.7 percent in December, the Athens-based Hellenic Statistical Authority said in an e-mailed statement today. That’s the highest level since the agency began publishing monthly data in 2004.
Tuesday, March 12, 2013
By Maria Petrakis and Marcus Bensasson on March 11, 2013
Identifying redundant positions and putting in place a system that will lead to mandatory exits for about 150,000 civil servants by 2015 is a so-called milestone that will determine whether the country gets a 2.8 billion-euro ($3.6 billion) aid instalment due this month. More than a week of talks on that has so far failed to clinch an agreement.
Monday, March 11, 2013
Posted: 03/11/2013 12:13 pm
Daniel WagnerCEO, Country Risk Solutions
While income inequality has been falling globally since the 1980s, it has been rising in most of
Europe. The Gini Coefficient, a
widely used measure of income inequality, has risen since that time not only in
Eastern Europe, but among Europe's wealthiest
Thursday, March 7, 2013
Thu Mar 7, 2013 5:55am EST
* Jobless rate slightly down to 26.4 percent from revised 26.6 pct in Nov
* First monthly drop since May 2008
* Bailout deal may have given short-term boost to hirings-economist
* Greek unemployment still highest in euro area
ATHENS, March 7 (Reuters) - Greece's jobless rate fell in December for the first time since a crippling recession began five years ago, helped by a bailout deal that propped up companies' willingness to hire in the short-term.
Friday, March 1, 2013
By By Pan Pylas on March 01, 2013
LONDON (AP) —
voters gave their verdict on the austerity medicine they've been forced to take
when they went to the polls earlier this week. By Friday, one of the reasons
behind the protest was highlighted when the country's unemployment hit its
highest level in at least two decades. Italy