Tuesday , March 28 2017
Home / 2012 / July

Monthly Archives: July 2012

EU Investigates ECB Chief Mario Draghi Over Alleged Conflict of Interest

Hardly had we found a euro zone savor,  i.e. ECB-Chief Mario Draghi, it looks as if we may lose him again. The European Union saw itself  enforced to investigate allegations raised against Draghi by NGO Corporate Europe Observatory, an EU-focused lobbying tracker. CEO accused Drahi of  lacking of independence because of his membership to …

Read More »

Kalamata: Lawyers on “Strike” Due to No-Functioning A/C In Local Court

 Lawyers Union in Kalamata, SW Peloponnese, decided to abstain from the local court until the air-conditions get maintained and on duty again. “The conditions in the court building of the town are beyond descriptions” the angry and summer  heat-exhausted lawyers said in an open letter to Greek Minister of Justice. “We consider as unacceptable the conduct of …

Read More »

45 Policemen Protect Ex Minister; Private Security Firms for the Greek Parliament

 The announcements of Minister for Citizen Protection brought the stone of “policemen as private security guards” in rolling. On Tuesday morning a disclosure which sounds unbelieable but is very logical was made by Deputy Chairman of the Greek Police Union of Attica. Nikos Karadimas told VIMA FM  that 40 to 45 policemen …

Read More »

€11.5-Billion Spending Cuts? Greek Government Talks About A Strategy Plan…

There is something odd about the talks between Greece’s government partners Antonis Samaras (ND), Evangelos Venizelos (PASOK) and Fotis Kouvelis (Democratic Left). The three leaders, their parties’ committees and negotiation teams from several ministries have been apparently talking about the 11-billion-euro package of Troika-measures under the guidelines of Finance Minister Yiannis Stournaras …

Read More »

Corfu: Tim Burton & Helena Bonham Carter On Summer Vacation

The director of comedy horror, the master of film surrealism Tim Burton chose the beautiful island of Corfu for his summer vacation. Together with his wife, famous actor Helena Bonham Carter, Burton arrived at the island’s airport over the week end and he is reportedly to stay there for a couple of …

Read More »

Juncker Warns of Euro Zone Breakup, Accuses Germany of “Populism” in Case of Greece

 Chief of euro group Jean-Claude Juncker warned that the euro zone would break apart and urged the EZ and EU leaders to save the currency union saying ‘there was no time to lose. Speaking to German Sueddeutsche Zeitung,  Juncker also criticized German officials for their statements about a Greek euro exit. In …

Read More »

Greece’s Bank-Employees’ Union (OTOE) On 24h Strike, July 30/2012

 Greece’s Bank-employees Federation (OTOE) launches a warning 24-hour strike on Monday, July 30th 2012. Among the policy changes in the banking sector that OTOE demands are: boosting of real economy and growth, support of social needs and relief of the Greek households, establishing the protection of employment, and defence of pensions, …

Read More »

Halyvourgia Steel Plant Workers To Return to Work After 272 Days of Strike

After 272 days of strike, workers at Halyvourgia steel plant decided to suspend the strike and return to work. Upon a recommendation of the Halyvourgia workers’ union, 107 voted in favour of strike suspension, 14 against, while 29 refrained from voting, in a secret-ballot process that took place on Saturday …

Read More »

Greece’s Private Sector Union GSEE Calls The Troika “Charlatans and Quacks”

The atmosphere during the meeting between private sector union umbrella GSEE and Troika representatives on Friday was chilly. In fact, it must have been icy-cold despite the high temperatures in Greece’s capital Athens when the issues of dramatically high unemployment, prolonged recession, cancellation of collective bargains and the miserable conditions in the …

Read More »

Greece’s Banks Deal: Piraeus Bank Absorbs Healthy Assets of ATE Bank

Debt-ridden Greece sent a positive message to the Troika, as it announced that the country’s fourth-biggest lender Piraeus Bank took over the healthy assets of state lender Agricultural Bank (ATE). Greece’s lender had been pushing since summer 2011 for ATEbank’s restructure as it was the only bank that had failed to pass …

Read More »