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The Athens Composite index started trading in 1980, [6] its High 6355.04 set on 17 September 1999. The Athens stock exchange was closed on 27 June 2015 because of the Greek government-debt crisis. [7]
According to Greek law every Sunday of the year is a public holiday. In addition, there are nine mandatory, official public holidays: New Year's Day, 6 January, Clean Monday, 25 March,Orthodox Good Friday, Orthodox Easter Monday, 1 May, Orthodox Whit Monday, 15 August, 28 October, 25 December and 26 December. [1]
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 ...
In September, we learned that Timsan's Japanese Steak House, a Hibachi-style restaurant located at 1773 Cardinal Lane in Howard, was also closing do to staffing issues.
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 has announced that it will limit the number of daily visitors to the Acropolis in order to guarantee the safety and longevity of the ancient monument. Greece is limiting Acropolis visitors ...
The Greek government-debt crisis began in 2009 and, as of November 2017, was still ongoing. During this period, many changes had occurred in Greece. The income of many Greeks has declined, levels of unemployment have increased, elections and resignations of politicians have altered the country's political landscape radically, the Greek parliament has passed many austerity bills, and protests ...
On 21 June 2018, Greece's creditors agreed on a 10-year extension of maturities on 96.6 billion euros of loans (i.e. almost a third of Greece's total debt), as well as a 10-year grace period in interest and amortization payments on the same loans. [173] Greece successfully exited (as declared) the bailouts on 20 August 2018. [174]