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Monthly Archives: April 2017

IMF demands €450mn austerity cuts in unemployment, poverty allowances for 2018

The austerity nightmare has no end. Despite the fact that the International Monetary Fund has only an adviser role in the third bailout program, it keeps pushing and pushing for cuts and more cuts without end. It wants cuts in unemployment allowance – currently at 360 euro. Cuts in poverty …

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Samos: Eupalinos Tunnel, the Masterpiece of Ancient Engineering, opens to public

One of the greatest engineering achievements of ancient times, a Greek wonder on the island of Samos, the 6th century BC Eupalinos Tunnel re-opened to the public this week following extensive restoration works. The 1,036m tunnel or Eupalinian aqueduct was excavated more than 2,500 years ago from both ends using …

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Gov’t spokesman says Greece is exiting the 7-year crisis, talks very close to agreement

“There are great social problems that need to be solved step by step, but for the first time we are facing the exit of the seven-year crisis”, government spokesman Dimitris Tzanakopoulos on Friday said in an interview to Kokkino radio station. He underlined that the issues remaining to be solved …

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Brain Drain: Even Teenagers want to leave Greece

Miserable present, no future.  The brain drain from Greece takes distributing dimensions as even teenagers want to leave the country. For studies or for professional development. An entire generation of teenagers, regardless of their economic status and possibilities, want to leave Greece and move abroad. These plans have usually the …

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Amber Alert: Missing 6-year-old girl found dead in garbage bin near home

The worst scenario about the fate of the missing 6-year-old girl was confirmed short after midnight on Thursday. The boy of  little Stella was found in a garbage bin near the parents’ home. It was  stuck in a big plastic bag for garbage. After hours of police interrogation, the father …

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Amber Alert: Missing 6-year-old girl with walking disability

Six-year-old Styliani Eikosipentaraki or Ecosipentaraki went missing from her parents’ home in Agia Varvara suburb of Piraeus in West Attica on Thursday morning, April 27th 2017. According to an Amber Alert announcement, the girl has a walking disability. She is 118 cm tall and weights 20 kg. she has brown …

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Turkish EU Minister claims Greek Agathonisi island is … “Turkish land”

Turkish Minister  of European Affairs, Omer Celik, claimed on Wednesday that the Greek island of Agathonisi in the Aegean Sea was …”Turkish”. Speaking to a Turkish television channel, Celik  said  that Agathonisi “belongs to Turkey. It’s Turkish land.” Agathonisi is a small Greek island and municipality located at the northernmost …

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Public transport means, trains, ferries on strike and work stoppages May 1/2017

After the Greek seamen, workers on other transport means have declared strike and work stoppages on the 1st of May 2017. The day is normally celebrated with workers’ strike. So far the schedule for the strikes is: Buses will operate between 9 am and 9 pm Trolley buses on 24-hour …

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ECB Draghi keeps key interest rates at historic ultra-low level

European Central Bank president Mario Draghi keeps interest rates at historic low.The low interest rate cause a blow to million of deposits of ordinary people who trust their live savings to the banks. In a statement issued on Thursday, the ECB said: At today’s meeting the Governing Council of the …

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Greece will need debt relief, says Dijsselbloem at EU Parliament Plenary

Eurogroup head Jeroen Dijsselbloem appeared at the Plenary of European Parliament for the first time after he stirred the Europeans of the South with insulting remarks. He made a kind of apology saying “I did not want to hurt anyone.” But as the Plenary topic was Greece, Dijsselbloem gave a …

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Gov’t sells performing loans of civil servants worth €5mn to foreign fund

The Greek government has sold to foreign funds mortgages held by civil servants worth more than 5 million euros. According to an exclusive report by daily Eleftheros Typos, the loans were sold to a foreign fund called ‘Grifonas Finance No1 PLC’ based in London. Borrowers now owe to the foreign …

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