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Greece faced a sovereign debt crisis in the aftermath of the 2007–2008 financial crisis.Widely known in the country as The Crisis (Greek: Η Κρίση, romanized: I Krísi), it reached the populace as a series of sudden reforms and austerity measures that led to impoverishment and loss of income and property, as well as a humanitarian crisis.
Long Island), or Makronisi, is an island in the Aegean Sea, in Greece, notorious as the site of a political prison from the 1920s to the 1970s. It is located close to the coast of Attica, facing the port of Lavrio. The island has an elongated shape, 13 km (8 mi) north to south and 2.5 km (1.6 mi) east to west at its widest point, and its ...
In a similar program two years ago, the Sardinian government said it would pay €15,000 per person in grants to move to the island—as long as the town had less than 3,000 occupants.
Corruption is a problem in Greece. [1] [2] Transparency International stated in 2012 that corruption had played a major role in causing the Greek financial crisis [3] (although the crisis itself was triggered by the global financial crisis of 2007-2008, and Greece's economy had fared well for most of the period up to the aforementioned crisis [4]).
Those seeking wanderlust in 2019, listen up! Airbnb is looking to send four people on a three-month trip to the south of Italy, all expenses paid. Lucky travelers will be hosted by locals in the ...
With 227 inhabited islands in total and six main island regions, Greece offers almost too much choice. Lucy Thackray lays out some of the best routes to help you plan your next island-hopping ...
The effects of capital controls changed customer payment habits. Since the controls on withdrawals did not apply to the use of credit/debit cards to make purchases in Greek retail outlets, the average use of credit card transactions jumped from 4.5% to 19.5% in a relatively short time and up to 35% in supermarket transactions with more than 50% of people saying according to the Bank of Greece ...
Erikoussa (Greek: Ερεικούσσα) is an island and a former community of the Ionian Islands, Greece. It is one of the Diapontian Islands ; an island complex to the northwest of Corfu . Since the 2019 local government reform it is part of the municipality of Central Corfu and Diapontian Islands , of which it is a municipal unit. [ 2 ]