09 February 2016 / 07:02:42 The Greek media indicate that the level of the index was so low on 16 October 1989. It has fallen by 28.6 per cent since the beginning of the year whereas the loss from the recent recapitalization of the Greek banks amount to 13.1 billion euro.
The recession is due to the government's choice to reduce wage-price ratio instead of increasing productivity through structural reforms, states the...
The revenues from the new merciless taxes must fill the hole in the budget, which according to official data, has reached almost three billion Euros...
For a year, the interest rate on the Greek foreign debt jumped from 5.99% to 25.18% but the interest rate on ten-year German government bonds fell to...
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