News Greece Finance: Greece’s Daunting Challenge: “Hundreds of Thousands of Talented People Have Left”
That assessment came from Greece’s new finance minister, Christos Staikouras, earlier this month when he was sworn into office, after the conservative New Democracy party trounced the left-wing ...
News Greece Finance: Ex-financial director embezzled $66K from Greek Orthodox churches
The former finance director of the Greek Orthodox Archdiocese copped a guilty plea to embezzling $66,499 in church money for personal expenses including medical bills, iTunes purchases, home improvements, clothing and a gym membership, according to federal authorities.
News Greece Finance: Markets are looking forward to the return of opposition, former Greek finance minister says
Markets in Greece have been on a roller coaster ride in the last ten years. The yield on the 10-year Greek government bond is currently trading at about 2.590%, having previously hit a high above 12% ...
News Greece Finance: Prince Charles spent the most out of the Royal Family on travel for the last financial year
The Prince of Wales spent more than £1.3m on travel for the last financial year, topping the Royal Family ... at a cost of £216,000 and £159,000 for their official visit to Greece and France in May. ...
News Greece Finance: Refugees face eviction in Greece as thousands more wait for homes
According to UNHCR spokesperson in Greece Boris Cheshirkov, the Estia programme designed to help asylum-seekers "will continue to operate with three components: financial assistance, accommodation and ...
News Greece Finance: State warns Hellenic College Holy Cross about grave financial challenges
Hellenic College Holy Cross, a Greek Orthodox school in Brookline, received a stern warning from the state last month about grave financial concerns, and on Tuesday it was publicly put on notice by ...
News Greece Finance: Greece Submits Request to Euro Zone Bailout Fund for Early Repayment of IMF Loans-Official
... repayment of expensive loans owed to the International Monetary Fund (IMF), a Greek finance ministry official said. The Greek government sent a request to the European Stability Mechanism for the ...
News Greece Finance: Italy's 'perma-recession' could trigger a €2 trillion financial crisis that threatens the eurozone itself
Economists in Milan and London are debating whether Italy is carrying so much debt that it might collapse into a Greek-style financial crisis. Their fear is that because Italy is so much bigger than ...
