Displaying items by tag: Greece

The Greek debt is not viable, unless there is a new "haircut" is the message from a study published by DZ bank, which believes the IMF assessments are over-optimistic.

The Greek debt will fluctuate around 160% of GDP, as long as the present interest rates are maintained , is the point the bank's economist Daniel Lenz made to German newspaper "Die Welt." Dr. Lenz added that debt will be at 143% in most optimistic scenario, according to which starting in 2014 creditors will forgo interest payments.

It is only when one visits the beautiful island of Ithaca that they understand the reason Odysseus longed for his return. Ithaca is part of the 7 Ioanian Islands and lies east of Kefalonia.

Η Ελλάδα βρίσκεται λίγο πιο πάνω από τη μέση της παγκόσμιας κατάταξης ευτυχίας.