Tag: Greece
As Turkey's economy booms and Greece's sputters, former enemies find themselves less inimical
Greece is the poster child of European economic crisis. But across the Aegean Sea is Turkey, with a booming economy. The two neighbors, though, are long-time enemies. This new economic disparity, however, is alleviating old pains and bringing the two countries' people closer together....
Far-right extremist parties find support across Europe
The extreme right has found a great deal of support as Europe's economies lurch toward economic recovery. They're typically anti-immigrant and often anti-European government. In Greece they've risen to national positions, but in Spain, unique circumstances are holding them back....
Greek politicians eye Orthodox Church's income, expenses as target for budget cuts
In Greece, the Orthodox Church is tied financially to the state. The state pays some priests and exempts the church and its activities from any taxes. But with tight economic times, some politicians are calling for the relationship to be adjusted....
Greece a difficult place for followers of non-Orthodox Christian faiths
Greece has a difficult relationship with followers of minority faiths. In order to build a place of worship, they must get government permission and, for more than 100 years, no mosques have been allowed. But Muslims aren't the only ones who have difficulty practicing their faith....
European Central Bank officials express support for euro; decline to back words with action
The European economy continues to struggle, but European bankers say they're as confident as ever in the euro's stability. But with Germany watching on, they decline to take any action....
Greek-American chef finds opportunity in Greece financial meltdown
In 2009, Ari Vezene opened his own a restaurant in Athens. His experience in the restaurant industry has taught him many lessons about the Greek financial crisis and how it came to be. ...
Markets rise and fall as effects of weekend Greek elections begin to be felt
Greek voters went to the polls on Sunday and, relatively narrowly, backed a political party in favor of the Greek bailout. And while markets initially greeted that news with optimism and rallied upwards, fresh concerns, this time over Spain, dragged them back down by midday....
Greek tourism dries up as uncertainty over economic future continues
Greece is usually an extremely popular tourism destination. In fact, it's often one of the most popular for people in Europe. But the current economic crisis has tourists staying away, and that's just further damaging the Greek economy....
VIDEO: Europe makes moves to plan for possible Greek exit from euro zone
At a summit meeting on Wednesday, European leaders signaled they're pushing ahead for contingency planning for a Greek exit from the euro. But that possibility may lead to further unimagined problems....
Greek economic turmoil presents tough questions, bad consequences
As Greece tries to get its political and financial house in order, the return of the drachma seems ever more possible. But that might not be the salve some Greek leaders want it to be. The consequences for Greece could quickly spiral beyond their control....
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