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Latest in Tag: financial assistance


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Greek slump accelerating again

The economic downturn in debt-laden Greece appears to have accelerated again, revised figures by the country’s statistics office show, in spite of a record tourism year and massive financial assistance from the EU. On Friday, Greece’s state statistics agency, Elstat, drastically revised downwards the economy’s third-quarter contraction to 0.9 percent, from 0.5 percent previously. “These …

Deutsche Welle

Qandil visits Algeria for economic talks

Prime Minister Hesham Qandil arrived yesterday in Algeria for a three-day visit amidst speculative press reports over the visit’s agenda. State-owned Middle East News Agency (MENA) reported the objective of Qandil’s visit to Algeria is to hold talks with the Algerian government over solidifying economic relations and boosting mutual investment. “During his visit to Algeria …

Islam Serour

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