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18
May

EC Juncker offers €1.5bn tranche to Greece in return for Lenders’ same old strict austerity

Posted by in Economy

Amazing! European Commission President Jean-Claud Juncker sat down and wrote several pages of a proposal to “help” Greece strike a deal with its creditors, unlock the impasse. allow the release of some bailout money to avoid default on June 5th 2015 and give time for a new deal in autumn. […]

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18
May

EU unveils mandatory quota for refugees, but members oppose plan

Posted by in Very Mix

The European Commission has outlined its plan to trigger an emergency response to relocate migrants among EU member states. The first step would be a temporary scheme followed by a legislative proposal for a permanent and mandatory quota system by the end of the year. Member states will have the […]

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18
May

More than 200K of Greece’s very poor apply to Humanitarian Crisis Relief Program

Posted by in Society

Exactly 212,897 Greeks have submitted so far requests to be part of the Humanitarian Crisis Relief Program of the Greek government. The majority of the needy seek help with food, while a percentage seeks financial aid to pay rent and an even smaller percentage needs free electricity. According to data […]

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18
May

Families in poverty, parents overwhelmed to make a leaving amid Greek crisis

Posted by in Society

How much money do you need to feed your child and provide it with basic needs like housing, electricity, heating, water, clothes and shoes? You certainly need much more than the benefits you may receive from the austerity-ridden Greek Welfare. Struggling to cope with the challenges of life and earn […]

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18
May

Greek PM Alexis Tsipras among Top 12 List of Hottest World Leaders

Posted by in Very Mix

A fancy news to start another miserable negotiations week between Greece and its creditors. Greek Prime Minister Alexis Tsipras is one of the sexiest leaders of the world. He is sexier than US President Barack Obama and certainly Russian President Vladimir Putin. In the list of The Hottest Heads of […]

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17
May

Leaked IMF memo sees threat of Greek default in June, when households defaulted long ago

Posted by in Economy

Greece averted default in May, now the treat is imminent again. Next Dommsday Doomsday is predicted to occur beginning of June when Greece will have to pay back  €1.5 billion to the IMF. However the country of “eternal blue and picturesque islands ” has run out of cash as it […]

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15
May

Greek government asks its diplomatic missions to send back cash reserves

Posted by in Economy

The Greek government has reportedly sent a circular to all its embassies and consulates abroad calling them to send back to Athens any cash reserves that they have not used as well as revenues from consular operations. The money should be sent directly to tax offices. The -frankly- surprise move […]

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15
May

Defense Minister Kammenos threatens: Greece will seek other sources of funds, if lenders…

Posted by in Economy

Greece’s National Defense Minister and leader of junior coalition partner Independent Greeks Panos Kammenos warned the country’s creditors that the debt-ridden country might seek alternative sources of funds. Speaking at the Economist conference, Panos Kammenos said: “If the lenders decide to economically smother Greece in order to overthrow a government […]

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15
May

NATO Foreign Ministers sing “We are the world” and anger the public (video)

Posted by in Very Mix

The weather was good, the spirit was high. The NATO Foreign Ministers came together for a meeting in Antalya in Turkey and after the convention was concluded … they grabbed the microphones and sang karaoke. “We are the world, we are the children”. The group of middle-aged men and women […]

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14
May

IMF dismissed reports, Rice had said the IMF had a Plan B for Greece

Posted by in Economy

Surprise!? Gerry Rice, director of The IMF’s communication department relvead to journalists the truth. That the international Monetary Fund had a Plan B for the case things in Greece would get out of control. “The IMF has worked  out Plan B to contain the crisis, should things with Greece get […]

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