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Daily Archives: April 5, 2017

Reasons why teleconference between Greece and creditors was cancelled

The teleconference between Greece and creditors scheduled for Wednesday evening has been cancelled. The conference was to take place between Greek government representatives – Finance, Deputy Finance and Labor Ministers – and representatives from the institutions. According to government sources, the teleconference was cancelled because one of the representatives of …

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4.5R Earthquake in Patras during Live TV Magazine VIDEO

An earthquake measuring 4.6 on the Richter scale occurred at 06:43 pm with epicenter between Rio and Antirio, ten kilometers away from the city of Patras in Northwest Peloponnese. The Greek Geodynamic Institute measured the tremor as 4.4R, others as 4.5R and some even as 4.6R. Point is the the …

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European Commission launches Brexit website with useful info

The European Commission launched a Brexit website with useful information, latest news and contact possibilities. The website will include everything from the latest speeches to official documents as they are published. The sub-section of the wider Commission website for now has a limited array of content but includes an organization chart and …

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ExxonMobil, Qatar Petroleum sign drilling deal with Cyprus

ExxonMobil and partner Qatar Petroleum on Wednesday signed an agreement with Cyprus to carry out exploratory drilling off the east Mediterranean island’s southern coast, where officials hope sizeable deposits of oil and gas could be found. Qatar Petroleum Chief Executive Saad Sherida Al-Kaabi said the area, or block, where the …

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Swedish company implants microchips in employee’s hands

Dystopia. Employees as Cyborgs.  About 150 employees the Swedish technology firm Epicenter agreed to have a microchip inserted in their hands, the company said. It is the first time such implants are used to tag employees via microchips on a broad scale. Epicenter and a handful of other companies are …

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Ex Defense Minister Tsochatzopoulos released from prison after 5 years

The five-member Court of Appeals for Felonies decided to release from prison former PASOK Defense Minister Akis Tsochatzopoulos due to health reasons.Akis Tsochatzopoulos was convicted to 20 years imprisonment for bribes and money laundering. Total time he spent in prison is five years. By a majority of three to two …

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Greece needs Debt Relief: How much and at what price?

“Europe’s Greece problem, which brought the euro area to the brink of a breakup in 2015, is back in the headlines,” says Jeromin Zettelmeyer, economist at the Peterson Institute for International Economics.  And so is also the issue whether Greece can succeed without more debt relief. “Greece needs indeed more …

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Attention! Warplane on Athens-Lamia highway Apr 5/2017 PICTURES

Motorists will be surprised to see a war plane on the Athens-Lamia highway on Wednesday, April 5th 2017. According to a statement issued by Greek Traffic police, motorists on the highway lane to Athens are requested to drive at a speed no higher than 50 km per hour and thus …

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Greece to conclude €1.2 bln deal with Fraport this month

Greece will conclude a 1.2 billion euro ($1.3 billion) airport deal with a Fraport-led consortium later this month, signalling the country’s biggest privatisation venture so far under its international bailouts. Privatisations have been a key pillar of Greece’s three international rescue programmes since 2010 but have reaped only 4 billion …

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