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Daily Archives: December 18, 2012

Users revolt as Instagram can sell their pictures without paying a cent

Users of Instagram, the popular photo-sharing app acquired by Facebook last April are up in arms Tuesday the company’s new Terms & Conditions that appear to give the company ownership of their images. Instagram clarified that it can share user data with Facebook and it claimed the right to license users’ photos …

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Merkel: “Never thought so much about Greece in my entire life”

German Chancellor Angela Merkel has reportedly admitted to feeling an “inner involvement” for Greece during the recent tense negotiations ahead of the disbursement of its latest bailout tranche. Speaking to foreign journalists on Monday evening, the German chancellor insisted that she had a passion for keeping Europe together and making …

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S&P Christmas Bonus to Greece: Upgrades to “B-” from “Selective Default”

Greece had its credit rating raised by Standard & Poor’s after a debt buyback as the ratings company cited the “strong determination” of euro-area governments to keep the nation in the currency zone. The grade was lifted from selective default to B- with a stable outlook, S&P said in a …

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Reuters Report: Greece’s triangle of power consists of politics-business-media

International media started to report lately about that what Greeks have been aware of for decades: about the interplay between politics, big businessmen and powerful media owners. Now Reuters picks up the issue and blaming these unholy relations as responsible for the country’s economic crisis. And not only. Reuters considers …

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Christmas in Athens – December 1960

That’s Athens in Christmas. The Athens, we miss in times of recession, unemployment, sharply cut incomes, closed down shops and buildings facades deformed with graffiti and slogans. Athens in December 1960. A city festively dressed, glowing, with people going downtown for their Christmas shopping. Aiolou street, near Chaftia, the upper street …

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Athens: Deaf-mute woman threatening to commit suicide rescued

That was a very loud cry for help by somebody who literally cannot speak. A woman climbed a metal sculpture installation at Omonia square in downtown Athens on Tuesday morning and was threatening to jump. When the fire brigades and the police arrived to the spot, the deaf mute woman started to drop …

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Breath for Borrowers: Home auction-stop extended until end of 2013

A breath for thousands of borrowers as Greek government decided to extend the auctions ban for one more year. With a legislative act the Ministry of Development suspends auctions for the so-called “first housing” until December 31, 2013.  The legislative act prohibits banks from conducting auctions for unpaid mortgage loans if the home …

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