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Daily Archives: June 15, 2016

Summer’s first Heat Wave on the way: Temperatures to reach 40C in the shadow

The first heat wave of this summer is under way, with temperatures expected to reach 36 degrees Celsius in certain areas of Greece  tomorrow Thursday, June 16th 2016, and reach even 39° – 40°C on Friday and Saturday and in some areas also Sunday and Monday.      18-19 June 2016 …

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Set on fire & shot in the face: Greek fishermen make macabre fund

A heinous crime at the sea shore: fishermen found the half-burned corpse of a man. The victim was furthermore shot in the face thus making him unrecognizable. The macabre fund was in one of rocky bays of Vouliagmeni in south-east Attica, in the area called “Limanakia”, at a distance of …

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BoG Monetary Policy Report: High Taxation has recessional effects

In its Monetary Policy Report 2015-2016, the Bank of Greece urges for overhauling of the bailout agreement with 20-year extension of the loans, lower the Primary surplus target to 2%.  The report describes the high taxation as “recessionary” and calls for a shift of policy focus towards reforms and privatizations, …

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