Greece's stock market opened for business today after five weeks of suspended trading. As was to be expected, shares fell—a lot—because Greece's economy has been absolutely whomped by the recent fallout from its debt crisis, and it's still not 100 percent certain the country will strike a deal to stay in the eurozone. Show More Summary
LONDON -- From blaming him for the renewed collapse of the Greek economy to accusing him of illegally plotting Greece's exit from the eurozone, it has become fashionable to disparage Yanis Varoufakis, the country's former finance minister. Show More Summary
Two years ago this August, I predicted in The Mediterranean Quarterly Review that one of the following scenarios would come to pass in Greece by 2016. Scenario 1: Stimulated by an event in Greece -- a Syriza victory, a dramatic increase...Show More Summary
"Niki of Xanthi" is my first "sun" sculpture. It's an amorphous bas-relief on the wall of "the House of Shadow" in Xanthi, Greece. Next to the raised section of the wall there is a painted flowerpot... Now since the flowers need water all summer long, a woman, "Niki of Xanthi," will come out at 10:23 every morning to water them. Show More Summary
All photos by Serge Anton via Designboom At first glance, this spectacular hillside villa in western Greece looks like one of those surreal visualizations of minimalist architectural forms. But oh, it's very real. Designed by Brussels-based architect Olivier Dwek, the...
After a five-week closure, Greece's stock market plunged over 22 percent when it reopened Monday, as investors had their first chance since late June to react to the economic crisis that has engulfed the country. Bank shares suffered most, hitting or nearing the daily trading limit of a 30 percent loss. Show More Summary
Remember a month ago when Greece was about to fall off a fiscal cliff into the Mediterranean Sea? Remember when it had to raise 50 billion euros ($55 billion) to pay off debts, so it decided to sell off public assets? Of course you do. And so does soccer star Cristiano Ronaldo, who decided to buy […]
The textbook definition of “panic” might include an illustration of Athens’ stock market on Monday, which tumbled 16% after a five-week trading halt. And yet, in the U.S., the Global X FTSE Greece 20 ETF (GREK), was having a relatively quiet afternoon. It’s price fell 1.6% on volume that was set to be lower than [...]
Greece isn’t short of an incredible view or two and this latest work from Belgian studio Oliver Dwek takes full advantage of the country’s picturesque landscape. Situated on the idyllic island of Kefalonia, the layout is all about… The post Spectacular Mediterranean Sea Views from Kefalonia’s Open Plan “House T” appeared first on Selectism.
Much of the world is focused on what is happening in Greece and Europe. A lot of people are paying attention to the Middle East and geopolitics. These are significant concerns, for sure; but what has been happening in China...
In need of some more solar, Tesla, EV, wind, energy storage, energy efficiency, and other cleantech news & commentary? Check out the stories below from around the internet. Solar Gas2 Exclusive Interview: SunEdison & NASCAR Launch Hi-Tech...Show More Summary
As stock markets crash and Greece plunges deeper into recession, Prime Minister Alexis Tsipras is left with an even bigger fight on his hands - to revive Greek growth and avoid a Grexit.
A massive sell-off of stocks in Greece on Monday underscored the uncertainty that still surrounds the Mediterranean nation as its government tries to secure a new international bailout to avoid a disastrous default.
French Finance Minister Michel Sapin said that the idea of Greece withdrawing from the eurozone is unacceptable.
Bank shares were particularly vulnerable, as trading restarted after a five-week shutdown. And a decline in Greek manufacturing underscored broader problems.
Greece's stock market plunges more than 18%, but some listings were attracting buyers at lower levels. ||| Athens - Although Greece's stock market had plunged more than 18 percent by mid-session on Monday, some listings were attracting...Show More Summary
Greece’s stock market slumps and weak figures from China help push oil prices to their lowest in six months. ||| London - The Greek stock market slumped when it re-opened on Monday after being shut down for five weeks, while weak data from China helped push oil prices to their lowest in six months and Asian stocks close to their 2015 lows. Show More Summary
European shares edge up on Monday after strong results from HSBC and Commerzbank. ||| London - European shares rose on Monday as strong results from HSBC and Commerzbank offset the impact of weak Chinese data, but Greece's market slumped after re-opening following a five-week shutdown. Show More Summary
Greece’s stock market plunges on Monday after being shut down for five weeks under capital controls. ||| Athens - Greece's stock market fell sharply on Monday after being shut down for five weeks under capital controls imposed by the government in Athens to stop a flight of euros from the country. Show More Summary