Aid
Deficit in social convergence
The European Commission has for the first time placed Greece among the countries where it sees risks in achieving the goal of social convergence. Next year it will prepare a detailed report for each of the 10 countries in this category, which also includes Bulgaria, Estonia, Spain, Italy, Lithuania, Hungary, Romania, Croatia and Luxembourg.
- Read more about Deficit in social convergence
- Log in to post comments
Arogi platform opens for December flood victims
The arogi.gov.gr platform opened on Friday for the submission of applications for first aid for those affected by the floods that occurred from November 30 to December 2 on Rhodes, Limnos, Halkidiki and in Pieria.
- Read more about Arogi platform opens for December flood victims
- Log in to post comments
'World on fire': UN seeks $47 bln for aid in 2025
Humanitarian Affairs and Emergency Relief Coordinator (OCHA) Under-Secretary-General Tom Fletcher holds the Global Humanitarian Overwiew 2025 report during a press conference in Geneva on Dec. 3, 2024
- Read more about 'World on fire': UN seeks $47 bln for aid in 2025
- Log in to post comments
Bulgaria Approves Humanitarian Aid for Ukraine, Syria, Lebanon, and More
Bulgaria has approved humanitarian aid amounting to 929,019 leva to support Ukraine, Syria, Lebanon, Afghanistan, Iraq, and Armenia. This assistance will be offered as voluntary contributions through international organizations, as confirmed by a recent government decision.
High debt taking heavy toll on developing nations: UN
Poorer nations are increasingly struggling to navigate the sluggish global economy, the UN has warned, calling for a fundamental rethinking of development strategies.
A report from the United Nations' trade and development agency UNCTAD highlighted how slow growth, soaring debt burdens, and weak investment and trade, were holding back developing countries.
The match is ready to drop
A large part of Greek society (combining various indicators and statistics, one can estimate it's approximately a third of it) is having difficulty making ends meet. If in previous years poverty was linked to unemployment, today the "strong" Greek economy is massively producing the newly poor - people who are poor or penniless even though they have a job.
- Read more about The match is ready to drop
- Log in to post comments
Debt Crisis Deepens for the World’s 26 Poorest Nations, Says World Bank
The 26 poorest countries in the world, which collectively house 40% of the globe's most impoverished population, have accumulated significant debt since 2006. According to a new report from the World Bank, these nations are increasingly susceptible to natural disasters and economic shocks, as reported by Reuters and BTA.
Nearly Half of Bulgarian Pensioners Face Poverty Risk, EC Report Reveals
Nearly half of Bulgaria's pensioners are at risk of poverty and social exclusion, as highlighted in the European Commission's pension adequacy report. Data for 2022 reveals that 45.5% of individuals aged 65 and older in the country face this concerning situation.
Subsidies for growth
The idea that subsidies for businesses and development projects should not be distributed through the current process, but as a tax deductions, could contribute to the transparency and effectiveness of state aid.
The aid given to businesses from time to time has not paid off as expected and certainly did not reduce Greece's productive deficit.
- Read more about Subsidies for growth
- Log in to post comments
Almost half of Greek households spend more than they declare
Two out of five households spend more than they declare, with this percentage appearing higher after the start of the inflation crisis.