by Florence Fabricant New York TimesDecember 24, 2019 The landscape of the Macedonian region in northern Greece is tapestried with vineyards. They supply wineries that are producing some of the best red wines Greece has to offer. The Alpha Estate here in the northwestern corner of Macedonia is a fine example. In a tasting of …
by Sarah Chaney & Soo Oh Wall Street JournalDecember 22, 2019 Just a few years ago, Greece stood out from the rest of the developed world for its devastated economy. Its unemployment rate was 25% and its high debt levels had brought on default and crisis. Today, it stands out for a more upbeat reason. …
Surprise Exception to the Global Manufacturing Slowdown: Greece Read More »
by Paul Taylor PoliticoOctober 21, 2019 A little-noticed semi-miracle has occurred in Greece. After a devastating decade of depression and three wrenching austerity programs, the ancestral home of European democracy has emerged with its democratic institutions intact, social cohesion improbably resilient, its budget in surplus and extremists of both the far left and far right …
by Kerin Hope Financial TimesOctober 7, 2019 Greece revealed an ambitious budget for next year that assumes growth will accelerate to 2.8 per cent from a projected 2.0 per cent this year, driven by higher investment inflows and cuts in corporate and personal income tax. Theodoros Skylakakis, deputy finance minister, said on Monday the centre-right …
Greece sets out ambitious budget based on faster growth Read More »
by Jules Montague GuardianOctober 6, 2019 Ayesha is nine years old. As her father lays her down gently on a mattress at the clinic, the only perceptible sign of life is the slow movement of her ribcage as she breathes in and out. She otherwise remains almost motionless, in stark contrast to the other children …
In Lesbos’s Moria camp, I see what happens when a child loses all hope Read More »
EconomistOctober 3, 2019 The airport at Hellinikon, a few miles south of Athens, closed in 2001. Planes belonging to Greece’s now-defunct national carrier still litter the runway. Nearby a stadium built for the Olympics in 2004 gently crumbles. In the distance, a marina borders the glistening Aegean. In 2011, when Greece was in the throes …
Can Kyriakos Mitsotakis ensure the Greek economy starts growing again? Read More »
by Anthee Carassava The TimesSeptember 30, 2019 He made his name as the face of the anti-austerity movement but Yanis Varoufakis, Greece’s rebel economist, is now one of the country’s wealthiest politicians. After being removed from a left-wing government in which as finance minister he became too radical, Mr Varoufakis wrote a book and built …
Greeks sneer as Yanis Varoufakis reveals fortune Read More »
by Tony Barber Financial TimesSeptember 19, 2019 Ten years ago Greece plunged into a debt crisis that threatened to sweep away much of the political, social and economic progress achieved after democracy replaced military dictatorship in 1974. The economy shrank by a quarter, unemployment soared and Greece came close to crashing out of the eurozone. …
There are reasons for moderate optimism about Greece Read More »
by Helena Smith GuardianSeptember 8, 2019 Greece’s prime minister, Kyriakos Mitsotakis, has pledged that after almost a decade of being dependent on international rescue funds, his debt-stricken country will soon prove to be a “pleasant surprise for Europe”. With investor confidence in Greek bonds better than at any time in the past 10 years, Mitsotakis …
Greek PM announces fast-track reforms and red tape cuts Read More »
by Kerin Hope Financial TimesSeptember 8, 2019 Greece’s new prime minister, Kyriakos Mitsotakis, has announced tax cuts and structural reforms aimed at rebuilding the country’s credibility with investors, after three international bailouts and a grinding eight-year recession. “Greece has turned a page,” the prime minister said in a speech on Saturday evening to businesspeople in …
Greece’s Mitsotakis calls for tax cuts and reforms Read More »