Greece

12:26pm

Tue October 23, 2012
The Salt

Buying Food Past Its Sell-By Date Tough To Swallow For Greeks

Originally published on Wed October 24, 2012 8:00 am

Bargain-hunting Greek shoppers may soon have more options at the grocery store. The government is asking retailers to discount expired nonperishable products in response to rising food prices.
Fayez Nureldine AFP/Getty Images

Austerity measures continue in Greece as the country sinks deeper into a recession. Incomes have dropped nearly 50 percent in some cases, but food prices are at record highs. The Greek newspaper Ekathimerini recently reported that the country has some of the most expensive food and the costliest dairy products in the entire European Union.

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10:33am

Tue October 9, 2012
The Two-Way

In Greece, Protests Greet Germany's Angela Merkel

Originally published on Tue October 9, 2012 10:54 am

Demonstrators shout slogans during a protest against German Chancellor Angela Merkel's visit to Greece on Tuesday.
Milos Bicanski Getty Images

As the BBC puts it, Greece felt like two different places today: On the one had you had an "amicable and symbolic" state visit by Germany's Chancellor Angela Merkel and on the other hand, you had tens of thousands of protesters gathered across Athens who weren't too happy to see her.

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1:42am

Thu October 4, 2012
The Salt

Despite Greek Economy, Athens Cupcake Business Thrives

Originally published on Thu October 4, 2012 8:19 am

Nicole Kotovos arranges cupcakes in the case at her store in Athens.
Jim Zarroli NPR

Nicole Kotovos was searching for a way to start a new life when the idea struck her: She would go to her ancestral homeland of Greece and open an American-style bakery cafe. She would bring the cupcake fad to Athens.

What she didn't figure on was the historic downturn in the Greek economy.

The former New York TV producer arrived in 2008, just as the country's debt-mired economy was falling into a deep recession it still hasn't emerged from.

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3:52am

Sat September 29, 2012
Europe

Greeks Battle To 'Survive' Amid New Budget Proposal

Originally published on Sat September 29, 2012 9:25 pm

People with disabilities take part in a march against the government's new austerity measures in central Athens on Thursday.
Petros Giannakouris AP

The Greek government is set to present a new austerity budget on Monday that's supposed to please the institutions that are lending billions to the country to save it from bankruptcy.

But the cuts also come at a time when a deep recession has dragged into its fifth year. More than a third of businesses in Greece have closed, and nearly a quarter of Greeks are unemployed.

Busking For The Next Generation

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1:43pm

Wed September 26, 2012
The Salt

Greek Credit Crisis Forces Winemakers, Food Canners To Adapt

Originally published on Wed September 26, 2012 3:54 pm

Winemakers like Stellios Boutaris, shown near his vineyard outside Naoussa, Greece, and other business leaders have been forced to pursue new financial tactics because credit is hard to come by.
Jim Zarroli NPR

When the economic crisis erupted in Greece and the bottom fell out of the domestic wine market, the Kir-Yianni vineyard outside picturesque Naoussa decided to adapt. Like other wineries in Greece, it has increasingly tapped the export market, successfully marketing and selling wine in Europe, the United States and even China.

"If you ask me, this crisis has been good for us," says Stellios Boutaris, the son of the company's founder. "It's going to make us stronger."

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