Economy & Real Estate

Ethereum backers rejoice! The world’s second most popular Cryptocurrency has broken the US$3000 mark for the first time. Ethereum is currently showcasing recurrent profits of 42%, quadrupling in value in 2021 alone. This amazing rally has outshone its bigger cousin Bitcoin, with many investors betting that Ethereum ‘will be of even greater use in a decentralised future financial system’. 

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After more than a decade marked by economic and financial crises, Greece is looking to rebuild its economy with a plan to spend billions of euros from the EU’s post-pandemic recovery fund, and in the process to transform its industrial model, attract foreign investment and mend public finances.

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As the debate in the U.S rumbles on about what the minimum wage should be in light of the Covid-19 pandemic and its subsequent measures that have hit the country’s economy, the current $7.25 federal minimum wage does not compare favourably to other developed countries.

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The National Recovery Plan has the potential to add another 7 points to GDP over a six-year period beyond the normal growth of the Greek economy and to create an additional 200,000 jobs, said Prime Minister Kyriakos Mitsotakis during his introductory speech on Monday’s cabinet meeting.

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