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Greek shipowners spent $14.3 billion for tankers since 2009
According to data published by Golden Destiny, a Piraeus-based management and research firm, Greek interests spent US$8.3 billion buying 297 secondhand tankers and nearly US$6 billion on 169 orders for…
Human Rights Court rules against Greece for degrading treatment
The ECHR found that Greece was in breach of the European Convention on Human Rights in a case involving degrading treatment and one involving the right to a speedy review…
Greece losing over 1 bln euros due to illegal hotels
Greece is losing over one billion euros in government revenue due to illegal hotels, the president of the Hellenic Chamber of Hotels, Yiorgos Tsakiris, said during a press conference held…
Little food and no medicine for 80 children in a refugee camp south of Athens
Lack of funds at the Lavrion camp means life is getting harder for the 240 refugees, among them 80 children, while staff remain unpaid for ten months.
Fitch: Greek Mortgage Market Index Shows RMBS Arrears Reaching New Peak
In its Q313 Greek mortgage market index report, Fitch Ratings notes that the level of three-month plus arrears excluding defaults has reached a new high of 5.2%, despite showing some…
Numbers aside, Greeks have not developed a taste for expensive fur behind the world΄s back
Data shows imports have more than doubled since 2010, but the explanation is not so simple.