Greek News
US credit rating changed from “stable” to “negative” as national debt balloons
The U.S. credit rating was given a negative outlook by Moody’s Investor Service in part due to the ballooning U.S. debt. Moody’s, a global credit rating provider,...
Oil prices sink 4% on “demand destruction” worries, weak China exports
Oil prices fell more than 4% on Tuesday after China’s exports dropped for a sixth straight month, underscoring a slowdown in global demand. West Texas Intermediate settled...
Sakellaropoulos Organic Farms: Award “Best European Olive Producer”
For 2023, the 20th CEUCO Congress was concluded with great success and attendance in the city of Castellion, Valencia, Spain, between October 27 and 29. Every year,...
Standard & Poor’s: Investment grade for Greece
Standard & Poor’s rating agency announced the upgrade of the Greek economy to BBB- with a stable outlook (from BB+ with a positive outlook previously). This assessment...
Gold is approaching all-time highs but it’s “not the time” to buy, strategist says
Gold futures hit their highest level since July on Wednesday as geopolitical conflict has intensified in the Middle East. The precious metal has often been considered a...
Much of the world’s gas comes from Hamas headquarters: This war could affect us all
The brutal Hamas attacks on Israel and the continuing military response to them have given rise to many questions related to regional and global energy security in...
Coca-Cola surprisingly ending most sales of popular beverage line
Coca-Cola sells some of the most popular beverages in the world and it generally has the muscle to make any new products it sells successful. Of course,...
Natural gas: Up to 4.2% rise in prices ahead of winter
Gas prices in Europe are moving upward as maintenance work at the Norwegian Skarv field and the expected deterioration of the weather in the coming months affect...
Ideas of traditional male-female roles as breadwinners still strong in the West, study reveals
Unemployed men in relationships with women would prefer their partner also be unemployed, according to new research from the UK. The study, which analysed data from over...
Startup CEO says “the house of the future costs as much as a car” & here’s how the company plans to make it happen
New technology from Japanese startup Serendix may eventually turn the dream of home ownership from the seemingly impossible into the possible for many Americans — and help...
California’s “right to repair” bill is now California’s “right to repair” law
California became just the third state in the nation to pass a “right to repair” consumer protection law on Tuesday, following Minnesota and New York, when Governor...
These are the 10 highest paying jobs in the world
The U.S. News & World Report report, presents the ten best-paying jobs for 2023 in the U.S., perhaps offering a suggestion for future professionals or providing an...
Gazprom’s Exports to Europe Turn to Year-on-Year Growth in September
Russia’s pipeline gas exports to Europe showed a year-on-year increase in September, for the first time in 2023, as Turk Stream pipeline flows to central and eastern...
Meta considers charging European users a subscription fee to avoid seeing ads
Meta Platforms is working on options to introduce a subscription model that comes with an ad-free allowance for Instagram and Facebook users in Europe, a source with...
Unemployment rate fell to 10.9% in August in Greece: ELSTAT
The unemployment rate in Greece stood at 10.9% in August this year, compared to the downwardly revised 12.3% in August 2022 and the upwardly revised 10.9% in...
Poverty threatens 17.4% of Greeks: ELSTAT
According to the Hellenic Statistical Authority (ELSTAT), 17.4% of Greece’s population is at risk of poverty when only the equivalent expenditure with the purchase mode of acquisition...
Global Risk of Housing Bubbles Deflates Sharply (infographic)
The global risk of housing bubbles has decreased sharply in 2023. A report released last week by Swiss bank UBS concludes that out of 25 cities surveyed,...
Tourists exceeded 16 million in 7 months, Bank of Greece reports
The travel balance of revenue in July 2023 showed a surplus of EUR 3,884.7 million, compared to a surplus of EUR 3,409.6 million in the corresponding month...
PM Mitsotakis met with investors in New York – “Greece is a force for stability & security”
Kyriakos Mitsotakis met with investors, representatives of fund management companies and banks in New York. Investors congratulated the Prime Minister on the new election victory and political...
“Lazy Greeks” myth busted again – Greeks work the longest hours in the EU in a week, says Eurostat
Greek workers work an average of 41 hours per week, taking the top spot among EU member-states, according to Eurostat. In 2022, working time for people aged...