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19
May

UPD Wreckage of EgyptAir Flight 804 Not found – Scenarios speak of “rather a terror attack”

Posted by in Very Mix

Member of the international Search And Rescue force found wreckage belonging to the Egypt Air Flight 804, the Airbus A320 that crashed into the sea in the early morning hours of Thursday. The wreckage were two yellow items floating 100 nautical miles south west of the last position of the […]





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19
May

Parliamentary Committee investigates bank loans to political parties & media groups

Posted by in Politics

The Parliamentary Inquiry Commission decided on Wednesday to investigate the advertising expenditure of Greek banks to the media over a period of the last 10 years. The Commission investigates in general the legality of  bank loans to political parties as well as loans to mass media groups. The extension of […]





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19
May

New Greek Omnibus Monster: €1.8bn Indirect Taxes, more VAT hikes, Property Tax, Fuel Prices on fire

Posted by in Economy

Indirect taxes worth 1.8 billion euro, Value Added Tax hike from 23% to 24%, red loans regulations, a new Super Privatization Fund, new calculation scales for Unified Property Tax (ENFIA), the omnibus bill of some 4,000 pages has been submitted to the Parliament on Wednesday night. The voting will take […]





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19
May

Athens: Tax officers occupy the … Finance Ministry!

Posted by in Society

A group of some 70 tax officers has been occupying the Greek Finance Ministry in downtown Athens since 8 o’ clock in the morning. The occupation reportedly aims to protest that the General secretariat of Public Revenues turns into an “independent authority.” This morning I heard on  Greek TV that […]





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19
May

EgyptAir Flight 804 with 66 on board crash SE off Crete

Posted by in Very Mix

Egypt Air Flight MS804 disappeared from the flight radars in the early morning hours of Thursday. Eight hours later and despite a huge Search And Rescue operation, there is reportedly no sign of the airplane that most probably went down in the eastern Mediterranean Sea, 7 nautical miles south-east off […]





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18
May

Turkey wants withdrawal of NATO Refugees Surveillance Mission in the Aegean Sea

Posted by in Politics

Turkey wants the NATO fleet SNMG2 assigned to monitor the boats carrying refugees and migrants to Greece and the EU to withdraw from the eastern Aegean Sea. According to information of Greek press, Turkey sent for this purpose a relevant request to NATO headquarters in Brussels om May 13th 2016. […]





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18
May

Survey reveals 8:10 Greek women cheat on their partner

Posted by in Society

Whot? Eight out of ten Greek women cheat on their partners? Apparently that’s the bitter truth. The survey was conducted over a period of two years by the Andrology Institute of Athens among 2,000 couples. A team of experts tried to find out the reasons of female infidelity and capture […]





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18
May

Big Fail: The EU’s Relocation & Resettlement scheme

Posted by in Politics

The Relocation and Resettlement scheme for asylum seekers falls short and thus far beyond EU’s expectations. Apparently, the EU member-states are happy to have gotten rid of the problem and have 54,000 refugees stuck in Greece. What if the EU calls its member states again and again to” take action […]





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18
May

Turkey demands conviction of Greek pilot, €1mn compensation 20 years later after incident

Posted by in Turkey-GR

Ten years after? No! Twenty years later! Turkey demands life sentence for a Greek pilot over alleged jet downing during a dogfight in 1996 that cost the life of a Turkish pilot. Turkish prosecutors demand two aggravated life sentences for a Greek pilot who allegedly downed a Turkish F-16 jet […]





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17
May

Dijsselbloem, EZ officials hint: No Greek Deal will be reached May 24

Posted by in Economy

I don’t know the original source of this statement but Greek media report about it. Eurogroup chief Jeroen Dijsselbloem is said to have said that he “can’t say with certainty that Greek Deal is reached on May 24th.” Another high-ranking source of the Eurozone has reportedly said that “we haven’t […]





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17
May

PM Tsipras inaugurates TAP gas pipeline, a $45-billion Project

Posted by in Economy

Greek Prime Minister Alexis Tsipras inaugurated the start of construction for the Trans Adriatic Pipeline (TAP) in Thessaloniki, Northern Greece on Tuesday. Praising the project, Tsipras said that the construction of the TAP is being carried out in the important moment for economy of Greece and the region” and that […]





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17
May

Scraping ‘poverty allowance’ for low-pensioners, ask them to pay back retrospective for 6 months

Posted by in Society

Scrapping the “poverty allowance”, a social aid for low pensioners, is one of the conditions of the summer 2015 agreement between Greece and the European troika. The cuts would be initially start in March 2016 for several thousands of beneficiaries and the aid would be totally scrapped as of 2019 […]





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17
May

Ex director of Greek Red Cross arrested over 3.2mnDM by German company

Posted by in Politics

Former director of Greek Red Cross and of affiliated Errikos Dynan Hospital, Andreas Martinis, was arrested on Monday night together with this wife. The two face felony charges on embezzlement and money laundering and having accepted a bribe of 3.5 million DM in 1998 by a German company. According to […]





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17
May

IMF proposal: Greece to pay no interest rate or loan principal until 2040

Posted by in Economy

Few days before the crucial Eurogroup meeting on May 24th and there is still a grave gap between the International Monetary Fund and German-led eurozone about the Greek debt relief. The IMF reportedly came up with a new proposal. According to Dow Jones, the International Monetary Fund is pressing the […]





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16
May

Waste of Greece’s public money: FinMin pays rent €220K/m for privatized Phantom building, but civil servants refuse to move in

Posted by in Economy

The story of a traditional Greek madness, of an example how the public money is been wasted. For unknown reasons the state buys a real estate from a private  company, it keeps the building unused and empty, for several years, it refurbishes and privatizes it in order to fulfill creditors’ […]





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16
May

UPD Greece Warning! Extreme “Indirect Taxes” Conditions at a speed of 1.8bn euro!

Posted by in Economy

A package with indirect taxes and special consumption taxes and fees worth 1.8 billion euro is expected to be submitted to the Parliament on Tuesday or Wednesday and be voted before the Eurogroup meeting on May 24th. The package can only be compared with an everything-sweeping hurricane, tsunami and volcano […]





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15
May

PM Tsipras: “Greece will return to bond markets in 2017”

Posted by in Economy

Prime Minister Alexis Tsipras said that Greece will return to the bond markets in 2017. , seven years after losing access to the markets due to its debt crisis. “We will return to the markets in 2017,” Tsipras said in an interview with the Realnews Sunday newspaper. “And maybe we […]





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15
May

Athens invites hydrocarbon companies to invest in Greece

Posted by in Economy

International oil companies were invited to start investing in hydrocarbon research in Greece, by Athens’ Energy Minister Panos Skourletis. Skourletis invited companies to start investing in research and exploitation of potential hydrocarbon reserves in Greece, in a speech he made on Friday at the 45th Central-Eastern Europe & Caspian Scout […]





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15
May

Greece considers changes in Electoral Law: bonus seats, number of MPs, expatriates

Posted by in Politics

Greek government is considering to change the electoral law and the Interior Ministry is reportedly drafting the changes with the possibility to open the dialogue on the issue already this month. One of the main changes refer to the slightly decrease the number of Lawmakers in the Parliament of 300 […]





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14
May

Germany rejects capped interest rates, open to discuss Greece’s Debt Relief after 2018

Posted by in Economy

I told you so a couple of days ago: whatever the question, Schaeuble’s answer is always NEIN! German Finance Minister Wolfgang Schaeuble confirmed me when he rejected the proposal of the European Stability Mechanism for Greece’s Debt Relief, capped interest rates and purchase of part of the Greek debt to […]





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