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Monthly Archives: June 2012

EU Leaders Approved €120-Billion Jobs-, Growth-Plan via EIB

European Union leaders approved a 120 billion-euro ($149 billion) plan to promote growth in the 27-nation bloc that includes a capital boost for the European Investment Bank. The government chiefs agreed on a 10 billion-euro capital increase for the EIB today as a centerpiece of the long-term growth plan, which …

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Famous Riot-Dog Loukanikos Got a Bar in …Madrid!

Greece’s famous riot dog got a bar in Madrid. Well, not he himself personally but some Spanish fans of him. They opened a bar and gave the name of the most famous dog around the world. According to the report, a lot of Loukanikos’ pictures hang on the walls of …

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Veria: Court Clears Chrysi Avgi Members, Punishes the Plaintiff

A court in Veria, Northern Greece, cleared seven out of eight members and supporters of the extreme-right Chrysi Avgi (Golden Dawn) of charges of assault against the owner of a local coffee shop. One defendant received a four-month jail sentence suspended for 3 years for causing physical damage.  The same punishment and for the …

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UPD: PM Samaras’ Letter to EU Leaders Has Been Delivered – Full Text

Greek Prime Minister Antonis Samaras expressed his full commitment to the terms of the bailout programme and asked adjustment in terms of unemployment and recession. In his letter to EU leaders, that was delivered by President Karolos Papoulias at the EU Summit in Brussels, Samaras writes: “As I informed you, …

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Caretaker FinMin Zannias the New President of National Bank of Greece?

Giorgos Zannias, caretaker finance minister under Pikrammenos government, is to be appointed as the new President of the National Bank of Greece (NBG), state broadcaster NET TV reported on Friday afternoon. Although Pikrammenos government resigned after June 17 elections, Zannias is still FinMin because a) Vassilis Rapanos -the former President …

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EU Summit: Merkel vs The Rest of the World

European leaders gathering Thursday in Brussels are set to sign off on a series of measures to boost economic growth but expectations of a breakthrough on the pooling of debt have fallen by the wayside. Germany’s Chancellor Angela Merkel, who has resolutely opposed the issuing of mutual debt, is the …

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Greece’s President Papoulias Flies to Brussels Economy Class…

 The president of debt-laden Greece Karolos Papoulias and the Greek delegation flew to EU Summit in Brussels using economy class on Wednesday afternoon. The 83-year-old president takes the burden of travelling ‘stuck’ in a 3-seat row, in order to set an example of frugality when the majority of the Greeks suffer under …

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Is the Greek Government … Cursed?

The start for Greece’s coalition government that emerged after the June 17 elections could not be worst. Just one day after the new government of Nea Dimocratia, PASOK and Democractic Left was sworn-in, a series of  “unlucky” incidents started to occur:  -PM Antonis Samaras was hospitalized due to retinal detachment. …

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Merkel on Eurobonds: “Not in My Lifetime”

German Chancellor Angela Merkel sought to bury once and for all the idea of common eurozone bonds yesterday (26 June), as Italian Prime Minister Mario Monti repeated calls to use the EU’s bailout funds to ease pressure on Italian debt. Two days before a crucial European Union summit, European Council …

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Athens: Arson Attack against Microsoft Headquarters

Unknown assailants attacked the Microsoft headquarters in Athens with a van that they set on fire in the early morning hours of Wednesday. Nobody was injured as the assailants had removed the security guards prior to arson. The ground floor of the building was damaged, the operation of US software company was …

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Greece’s Youngest Hacker is Just 13 Years Old

Unbelievable! Greece’s youngest hacker is apparently only 13 years old. According to Electronic Crime Units of the Greek Police, the child is facing charges of having participated in the Greek Hacking Scene – a group held responsible for more than one hundred cyber attacks to ministries and state organisations in …

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Maritime Deputy Minister Vernicos Resigned due to Off-Shore

Newly appointed deputy minister for Maritime and the Agean, Giorgos Vernicos submitted his resignation to Prime Minister Antonis Samaras on Tuesday afternoon. Vernikos resignation came after main opposition party SYRIZA revealed that it is not compatible for a minister to have an off-shore company. In a press release, main opposition party left-wing …

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Queues of Shame & Rage, as Greek Patients Stand in Line to Get Medicine

Hundreds of insured Greeks have been ‘melting’ under the hot summer sun, standing line outside pharmacies in Piraeus in order to get their prescription medicine on credit. Residents of Athens and broader Attica area are seeking the pharmacies of the port city of Piraeus for their life-saving medicine, as Athens Pharmacists …

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