The Greek government has less and less room for manoeuvre, as the critical date of 20 August, when the ECB bonds have to be paid, is coming dangerously close
The reason is the expected reform of the pension system, which will be introduced after the adoption of the third bailout for Greece. The changes will most likely include scrapping of early retirement and raising of the retirement age
Greek media report that the creditors are expected to send the draft agreement to the Greek Government by Saturday in order to launch a discussion on its specifics
As a country in a never-ending transition from East to West – this is how the professor of political science at Yale University, Stathis Kalyvas, describes Greece in his latest book entitled, Modern Greece: What everyone needs to know
The new Suez Canal, which was officially opened today, is expected to fundamentally change the navigation in this part of the world and double its commodity transport capacity
It has been 3 weeks already that 500 migrants from Afghanistan are living in a tent camp in the central Athens Pedion tou Areos park; the government has yet to build a centre for them to move in
25 million foreign tourists and €14 billion worth of revenue during this year's tourist season have been forecast by the President of the Greek Tourism Confederation (SETE), Andreas Andreadis
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