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Monthly Archives: December 2015

Portuguese and Syrian volunteers in Athens to help refugees

Portuguese and Syrian volunteers are currently in Athens offering a helping hand to refugees and migrants trapped in the ice-cold Greek capital. The six volunteers flew from Lisbon to Athens right after Christmas and landed in an ice-cold city with hundreds of people sleeping outdoors. The article was submitted by …

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Greece’s tax arrears amount €11.83 bn for Jan-Nov 2015

Greece’s taxpayers are drained. They halted their payments to the tax office in November and had their tax debts totaling 1.45 billion euro. According to data released by the General Secretariat of Public Revenues, the hole in revenues from January 1st to November 30th amounts 11.83 billion euro. According to …

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Drastic temperature decrease, snow on New Year’s Eve

The sunshine all through December was rather exceptional. Now the beautiful “spring” in winter with temperatures around 20 degrees Celsius is over. A cold weather front coming from Siberia is expected to reach first the North-Eastern of Greece and quickly spread across the country as of the early hours of …

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Varoufakis to establish a pan-European political party in February

Varoufakis’ fans across Europe, get ready! The former Finance Minister of Greece, Yanis Varoufakis plans to form a political party, a pan-european movement, as of February 2016. In an interview to Italian weekly magazine L’ Espresso, Varoufakis revealed his plans saying that his aim is to “democratize Europe.” Varoufakis said …

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Legislation for same-sex couples adopted, while some Bishop had church bells ring in “mourning”

Greece made a huge step towards civil rights, despite the fact that some Greek Bishop had the church bells ring in “mourning” for two days. Greece made a significant step to harmonize the country’s legislation with the legislation of other European countries and officially accept the realities of 21st century: …

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Another Refugee tragedy: 7 children drowned off Farmakonisi

Seven children, two women, four men did not fulfill their dream for a better life in Europe. they were drowned in the early morning hours of Wednesday, when their boat sank off the island of Farmakonisi in the eastern Aegean Sea. One person is still missing, while 15 people were …

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Creditors hand out Greece One Billion Euro bailout tranche

Greece’s European creditors gave the green light for the disbursement of the one billion euro in the context of the third bailout program. According to some news agencies, the creditors have already even “handed over” the one-billion-euro. The bailout tranche release has been made after creditors came to conclusion that …

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Canadian Fairfax buys Greece’s 3rd largest insurer Eurolife from Eurobank

Toronto-based Fairfax bought 80% of Greece’s third largest insurer Eurolife that sells insurance products through Eurobank, where Fairfax holds a stake. It is the second acquisition announcement today, after Qatar National Bank announced it acquired Turkish Finanzbank from the National Bank of Greece. “After riding out the Greek banking crisis …

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Greek Parliament unanimously adopts resolution for recognition of Palestine

The Greek Parliament unanimously voted a resolution recognizing the state of Palestine on Tuesday. the voting took place during a special parliamentary session attended also by Palestinian President Mahmoud Abbas currently on an official visit to Athens. PM Tsipras, President Abbas, Greek Parliament Speaker Voutsis “[The Greek parliament pledges] to …

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Epic Greece! “Many Happy Returns” from the Funeral Services next door…. (video)

This can happen too. Even though it seems kind of surreal and weird when somebody who is dealing with death wishes “Many Happy Returns” on the occasion of Christmas Season. And thus, taking the risk to ruin his own business. Video: posted by N.S. on YouTube embedded by Embedded VideoYouTube …

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National Bank for Greece sells Finansbank stake to Qatar’s QNB

Finally a bank deal to get rid of non-profit bringing subsidiaries. Qatar’s National Bank acquired the Finansbank stake of National Bank of Greece for €2.7 billion. The stake of National Bank in Turkey’s Finansbank was 99.81 percent. However, Greek media report that the acquisition price is much higher as the …

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