Latest News from Greece
Does Trump matter for the Greek economy?
Given Greece's position, lumbered with a public debt that is almost twice the size of its annual economic output, the idea of someone who has described himself as the "King of Debt" being elected US president would, under normal circumstances, spark the hope that a kindred spirit will inhabit the White House.
GSEE: 30.8% unemployed in 2nd quarter of 2016
According to the General Confederation of Greek Workers (GSEE) labour Institute, the number of longterm unemployed Greeks has been steadily hovering over the 800,000 mark for the past 15 quarterly terms. The institute’s data also showed that the real employment percentage amounted to 30.8% in the second quarter of 2016.
Athens in lockdown in wake of Barack Obama’s visit (photos)
Athens will be in complete lockdown, in the wake of outgoing US President Barack Obama’s official 2-day visit to Greece on Tuesday, November 15. The heightened security measures include restricting access to areas in and around Athens, including the Eleftherios Venizelos Airport, the centre of the Greek capital, the Acropolis and the Astera resort in Vouliagmeni.
End game or game over
The Mont Pelerin rendezvous of the Turkish and Greek Cypriot leaders was slated to be an "end game" but it turned out to be an almost "game over." Upon request of the Greek Cypriot leaders, the deadlocked talks were suspended for one week and are scheduled to resume, this time in Geneva, on Nov. 20.
Obama pays farewell visit to Athens
The visit by outgoing American President Barack Obama next week to Athens was planned on the certainty that it was going to take place after the victory of Hillary Clinton. And that his keynote speech was to be delivered on one of world's best known locations for the practice of democracy.