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The Athens stock exchange was closed on 27 June 2015 because of the Greek government-debt crisis. [7] It reopened on 3 August 2015 and lost more than 16% in the day's trading with certain bank stocks plummeting 30%, the daily change limit. [8] [9]
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 ...
3 July – MP for Crete and former minister Lefteris Avgenakis is expelled from the ruling New Democracy party following an altercation with an employee at Athens International Airport. [ 16 ] 4 July – Anti-terrorism police arrest seven people over arson attacks against an Israeli-owned hotel and a synagogue in central Athens .
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Clothing and accessories accounted for 43% of retail closures in 2021. [40] In July 2022, the analytics firm published findings that store openings had exceeded store closings for the first half of 2022, and that there were 10% fewer closings and 3% fewer openings than in 2021. [41]
Associated Press Those trying to travel to and from Greece will find their plans hampered, thanks two days of strikes that began Tuesday by a Greek trade Greece Strikes Mean Airport Closures and ...
When calculating all sorts of corruption in Greece, the total amount is estimated to be roughly €3.5 billion per year (equal to 1.75% of the Greek GDP). Compared with corruption levels measured by Transparency International for 160 other countries, Greece ranked at 49th in 2004, was down at 57th in 2008, and slumped to 71st in 2009. [28]
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