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Monthly Archives: February 2011

Shares Trading of NBG and Alpha Bank under screening

The shares of National Bank of Greece and Alpha Bank are under the microscope of Greece’s  Capital Markets Commission, news portal Zougla.gr  reported. The screening refers to the trading of the shares in the period of time between January 18, when the administration of NBG approached the management of Alpha for the first time, …

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Greek Debt Repayment Extension: Ahahaha….

We need a good laugh from time to time. Here is a caricature by famous Greek cartoonist KYR. His sharp pen minimizes in a few words the whole debate about the repayment extension of infamous Greek Debt. First Woman: What did the deceased died from?  Second Woman: From Extension

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(Upd) Grieving Dog of murdered owners in safe hands and good care (picture)

The dog grieving at the door step of his brutally murdered owners is in safe hands and good care. The traumatized dog  is currently in the hands of a specialized dog trainer who tries to comfort him and make him overcome his grief and the bad memories. He is still …

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Gaddafi owes USD 716 million to Greek Companies

Despite Muammar Gaddafi’s enormous private property, Libya owes more than USD 700mn to Greek companies that have been operating in the Northern African country.   Some of the outstanding debts, which amount to USD 716.2mn (EUR 520.4mn), are pending since the 1980s, mainly to Greek constructors.  The issue was discussed during …

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Nicole Kidman goes Oscar 2011 dressed as a flower pot

Nicole Kidman attended the Oscar 2011 ceremony dressed up as a “flower column” standing left or right at a church aile for a marvelous wedding ceremony. The gown was a Christian Dior creation, designed by John Galliano. Some Hollywood star may had a bad hair day, but Kidman had a bad …

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Unleaded gasoline price at €2 per liter in certain Greece’s areas

Unleaded gasoline got fire and is sold at 2 euros per liter in several regions on Greece. Over the weekend the average price made a jump of one cent and is sold at €1.64/l, while the previous price record occurred on January 21, 2011 at €1.635. However the prices are on an …

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Highschool Teachers Work Stoppage, Feb 28

High school teacher of Attica Prefecture  will have a work stoppage from 08:00am to 12:00 noon tomorrow Monday, February 28, 2011. The teachers will hold a protest outside the Ministry of Education. at 09:00am. Teachers oppose the mergers of schools that will end up in overcrowded school classes, low quality education …

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Gasoline Fraud: the Party goes on…

 We have seen this film before… That gasoline stations owners cheat their customers by tank filling. Now a research conducted by the Athens Polytechnic University found out that 10% of the pumps at service stations are “tweaked”. The Ministry of Development seems to agree with the findings even though the …

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Greek Fin Min: assets of 70 tax offices employees under investigation

Greek Finance Ministry is investigating the assets of about 70 employees, who declared an average income of €50,000 but were found out to possess real estate properties worth 800,000 to 3 million euros,  newspaper Ethnos  reported on its Sunday edition.  Furthermore 234 FinMin employees seem to have never submitted an income tax declaration, …

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Greece Exclusive: Build your house on an archaeological site and get away with it!

The Greece is a country where everybody does whatever he pleases and goes unpunished is not a secret. A little bribe here, a little indifference there, lack of good manners, culture, and equality before the law create a dangerous and immoral cocktail that seems to prevail and corrupt the citizens.  These ‘national’ characteristics …

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Greek PM: We will need another bailout package in 2012, if…

Greece had one year time to return to the markets, otherwise it would  need a new aid package from the IMF/EU/ECB-Troika. This is the message prime minister George Papandreou has reportedly conveyed to German Chancellor Angela Merkel during their talks last Tuesday in Berlin, according to Sunday newspaper To Vima.  “If you don’t …

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Athens: No Buses 11am-5pm, No Trolley 1-5pm, Feb 28 (upd)

The month ends as it started: With public transport … call it “strike”, call it “work stoppage” … the effect is the same at the very end. It is possible that apart from the blue buses also other public transport means will have a work stoppage, as labor unions will hold a general …

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Greeks unable to pay their rent – Number of Evictions growing

“I owe my landlord 6,000 euros” my hairdresser tells me while she tries to handle my unhandleable hair with brush and dryer . “Now he is forcing me with lawyer either to move out or pay” she says and gazes at me with wide open eyes through the mirror. Christina …

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Athens by Night as seen from… Space!

This is an amazing  picture of Athens by Night as seen from space! The picture  was taken by Paolo Nespoli, Italian astronaut currently at the International Space Station (ISS). Nespoli took the picture through the glass dome of ISS, the European Space Agency (ESA) announced.                       Athens by Night as seen from …

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Greece set to evacuate more Greeks & Foreigners from Libya

While the majority of Greek expats has been evacuated from Libya there are still 10 Greeks, 20 Greek Cypriots and38 Europeans  enclosed in the dessert at a construction site. Now they have been instructed to move some 50 km into a nearby town with airport big enough for a C-130 …

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NATO warming up for Libya? Greece’s Souda Air Base to get involved?

Is NATO warming up  for a military intervention in Lybia, even if for ‘humanitarian reasons’? If the answer is “Yes”, Greece is most likely to play a role in facilitating and supporting North Atlantic Treaty Org. troops with its Souda airbase on the island of Crete, some 300 nautical miles away …

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Clever! Eat fish & do not pay for it!

Mmmmm…. are you craving for fish and have not money to buy it? In Patras, a smart guy found a way to come to the object of his most dragging longing. He dressed as a waiter, walked in a restaurant, grabbed a platter full of grilled fresh fish and there he disappeared with his catch. …

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Greece: CHP stations licences under way

Investement! Investment! Investment! The following press release has been published by the UK Trade and Investement portal of the UK government. British companies, interested?  Greece – Approval Granted for Five New Production Licences for CHP Stations The “green light” has been given for the immediate materialisation of five private investments in …

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