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23
Jan

Surprise! Standard&Poor’s upgrades Greece by one notch to B-

Posted by in Economy

Standard and Poor’s ratings agency has upgraded Greece’s credit rating by one notch to B- saying the country seems to be broadly complying with the terms of its latest international bailout. Nevertheless, the financially troubled country’s rating remains well within the junk, or non-investment-grade, territory. S&P said Friday that Greece’s […]





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22
Jan

EP sets up working group to scrutinize Greece’s adjustment program

Posted by in Politics

And Greece’s auditors, the Quadriga becomes…Quinquatria. The leaders in the European Parliament have today approved a proposal by the Liberal and Democrat Group to monitor and scrutinize the implementation of macroeconomic adjustment programmes in countries such as Greece. According to a press release, the Parliament’s Economic and Monetary Affairs Committee […]





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22
Jan

UPD “It’s Kids drowning in the Aegean, stupid!” – 42 Migrants dead in two boat incidents, among them 17 children

Posted by in Very Mix

At least, 21 people have died in two separate boat wreckage that occurred during the night in the Aegean Sea. According to the Greek Coast Guard, a wooden boat carrying 48 people from Turkey to Greece sank off the island of Farmakonisi. The cost guard rescued a little girl, forty […]





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21
Jan

Schaeuble tells Tsipras in Davos: “It’s the implementation, stupid!”

Posted by in Politics

It was supposed to be some kind of witty remark. Too bad that the man who shot it is not known neither for his wit nor for his humor. German Finance Minister Wolfgang Schaeuble and Greek prime Minister Alexis Tsipras were sitting in a panel discussion in the World Economic […]





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21
Jan

Mass Protest against Greek Pensions Reform, lawyers hand their ties outside Parliament

Posted by in Society

Thousands of self-employed took to the streets of Athens on Thursday morning to protest the Greek Pension Reforms. Layers, doctors, engineers, pharmacists, notaries, accountants, young scientists and other self-employed professionals  move to downtown Athens to express their opposition against a s0-called Reform that will swallow up to 80% of their […]





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21
Jan

Survey: 3 in 10 Greeks cannot afford heating or hot water

Posted by in Society

Residents in several underprivileged suburbs of Athens and Piraeus have seen their economic situation to have dramatically deteriorate and consequently also their living standards. According to a survey conducted by the Greek Ombudsman: one in five residents seeks soup kitchens and social groceries in order to get food. Three in […]





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20
Jan

Pressure in Davos: Reports claim Schaeuble wants Grexit debate in 2016

Posted by in Economy

A storm is brewing over Greeks’ heads with German Finance Minister Wolfgang Schaeuble to insist on Grexit? According to Wall Street Journal, Greek Prime Minister Alexis Tsipras is trying his best to avert a fresh confrontation over Greece’s bailout, the country’s broken finances and the participation of the International Monetary […]





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20
Jan

Varoufakis reveals: Plan X & Parallel Currency in case Greece would have been kicked out of the eurozone

Posted by in Economy

Former Finance Minister Yanis Varoufaks revealed that there was a Plan X for the case that Greece would have been kicked out of the eurozone. Speaking to private Skai TV about the long and winding road of the negotiations with the European nand the IMF creditors in the first half […]





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20
Jan

Pensions Reform brings tractors to the streets: eggs and teargas as farmers threaten to “cut Greece into two” (picts, videos)

Posted by in Society

Farmers, cattle breeders, fishermen, milk producers, winegrowers, the whole productive sector of Greece, they are all down to the streets to express their opposition to the planned pension reform. From the north-east end of Greece down to the south in Crete, and from Thessaly and Peloponnese to Epirus and Corfu,  […]





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19
Jan

Greek FinMin considers levy to each PC- and Tablet-purchase

Posted by in Economy

The Greek Finance Ministry allegedly considers to impose a levy for every tablet and personal compute purchase. Reason for this consideration? The levy will be imposed as a “counter-weight” to the millions of euro that were supposed to be paid for Copy Rights but they vanish in the air due […]





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19
Jan

The Mountain of Flowers that stirs Greece in crisis

Posted by in Society

“Bouzoukia” is a magic word in the real Greek world. It is the epitome of the Greek entertainment culture. The Live Clubbing, the “stage” where Greeks go in the middle of the night and have fun under the sound of bouzouki. And where at least one “big name” of a […]





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18
Jan

Rebel Yell: BoG Stournaras warns “Germany is a threat for the eurozone, not Greece”

Posted by in Lifestyle

Bank of Greece governor and former Memorandum of Understanding II Finance Minister Yannis Stournaras finally ound back to his rebel alter ego of social democracy and other nice stuff. Apparently tied of being a slave of the creditors, rebel Stournaras raised his head and attacked … Germany. “The present risks […]





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18
Jan

Nepotism in SYRIZA: Youth Secretary finds jobs for mom, brother & girl friend in public sector

Posted by in Politics

It is clear. A government needs “its own people” to put in crucial positions if it wants to govern without being undermined by ideological opponents and opposition parties. Left-wing SYRIZA is not exception to the rule. There have been reports in the near past of husbands of ministers and lawmakers […]





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18
Jan

Greek Coast Guard forces Turkish trafficker to look at drowned refugee children (video)

Posted by in Very Mix

A distressing footage by Sky News shows the rescue operation of an NGO when a boat carrying refugees to Greece capsizes off Agathonisi island in the Eastern Aegean Sea. While rescuers pulled the freezing refugees from the cold waters, for three children any help comes too late. Dramatic are the […]





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18
Jan

Greece-Germany sign deal, 50 tax officers to get crash curse in combating tax evasion

Posted by in Economy

The Greek government signed a combat-the- tax-evasion deal with the German Federal State of Northrhine-Westfalia. The Germans will help the Greeks with know-how, staff training and data sharing. Based on the agreement conditions, 50 Greek tax officers will go to NRW and get the appropriate training to combat one of […]





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18
Jan

Greece in the grip of snow and floods – one dead

Posted by in weather

For a second time this winter, Greece is in the grip of snow weather, with low temperatures, frost but also floods. It has been reportedly snowing since Sunday and millions of snow flakes are falling in the mountains surrounding Athens, as well. The snow weather is causing a lot of […]





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15
Jan

Snow weather time also in Athens – Jan16-19/2016

Posted by in weather

Heavy rainfalls, thunderstorms, snow and haze. These are the features of the bad weather front expected as of tomorrow Saturday, January 16th 2015.  Rainfall with thunderstorm and haze is expected as of the morning in the west, central and north Greece, it will gradually reach other regions as well.  Snow […]





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15
Jan

Greek Parliament Speaker fires 7 employees hired on fake or forged education documents

Posted by in Politics

Seven employees at the Greek Parliament have been dismissed after it was found out that they were hired with fake or forged school degrees. Among them is a “scientific adviser” to former Prime Minister Costa Simitis, two permanent employees and four members of the Special Guard of the parliament. In […]





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15
Jan

Hugs instead of Heating Oil: Despite Taxes tsunami Greece’s revenues not impressive

Posted by in Economy

The Season Greeting the Greek Finance Ministry sent this year to dozens of officials in several departments were as bit peculiar. The ministry advice “More hugs for less heating oil consumption”, with reference to the heating oil allowance. The Ministry knew very well that despite the tax tsunami it had […]





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15
Jan

Creditors pleased with Greece’s Pension Reforms Plan, the society prepares “dynamic protests”

Posted by in Politics, Society

It looked rather quiet on the Eurogroup front on Thursday. The Greek government bowed to the creditors’ pressure and accepted that the International Monetary Fund remains in the Greek program. The eurozone finance ministers saw “progress” in what the Greeks have been doing since last summer in order to  please […]





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