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Daily Archives: October 26, 2012

Greek Army Dismisses Claims “1,000 Soldiers Would be Part of Security Measures Forces during Oxi-Day Parades”

“The army has no involvement in security measures,” said Yiannis Sifakis, spokesman of Land Forces Chief of Staff on Friday. This statement dismisses claims raised by main opposition party, left-wing  SYRIZA that 1,000 troops would be part of the security measures forces during the 28. October military parade in Thessaloniki. …

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IMF Report: Greece Will Miss Debt Target in 2020

What? Greece will miss it’s debt target? The austerity-hit and recession-ridden country will need more ‘reform’, that normally translates into ‘additional measures’? No problem. We, Greeks, are large and can give anything to our lenders. “Greek debt will be above the target of 120 percent of GDP in 2020, a …

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Luxury Landing in Athens Airport: A380 of Emirates Airline

Super luxurious Jumbo A380 landed in Athens Airport Eleftherios Venizelos on Friday noon. The two-storey airplane with first class private suites and Spa reached the Greek capital inaugurating the operation of Airbus A380 in the scheduled flights of Emirates Airline to Athens. “Emirates Airline is to launch the Airbus A380 …

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Greek Banks to Get Rid of 20,000 Employees

Twenty thousands employees are at risk of losing their jobs due to the bank mergers. According to daily Ethnos, excessive personnel will see the exit door, regardless of the position they hold in the hierarchy scale. The aim of the lay-offs is to compress operating costs down to a minimum. Greek …

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