Thursday , December 14 2017

Recent News

Earthquake 5.1 Richter East of Alonnisos jolts the Sporades islands

A powerful tremor of 5.1 R stroke between Alonnisos and Skyros  short after midnight and had locals jump out of their beds. The earthquake occurred in the sea area and had a very low depth. The earthquake occurred at 1:49 a.m. on Thursday. According to the Geodynamics Institute of Athens, …

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Nice Profit: ECB made €7.8billion from Greece’s financial crisis

The European Central Bank (ECB) has profited handsomely from its holdings of Greek government debt, according to a document seen by the Financial Times.  A written response to a request from Greek MEP  Nikos Chountis (Popular Untity) showed the bank collected €7.8 billion in interest payments between 2012-2016 on Greek …

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Schaeuble leaves behind a toxic non-paper about the future of the euro zone

German finance minister  Wolfgang Schaeuble left but not without leaving behind a legacy to his successor. In a non-paper, Schaeuble made his proposals on the future integration of the euro zone and the crucial role of the European Stability Mechanism. The ESM should increase its possibilities to support states threatened …

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Dijsselbloem announces he is quitting Dutch politics, stay as Eurogroup head until…

Dutch Finance Minister Jeroen Dijsselbloem announced that he will quit national politics as of Oct 25th, but he will stay on as the Eurogroup head until January 2018. He was caretaker finance minister after his party suffered big losses in the national elections in March. He will also quit the …

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UPD Rouvikonas anarchists occupy Spanish Embassy in Athens for Catalonia

Members of anarchists group Rouvikonas raid the building of the diplomatic mission of Spain in Athens, on Wednesday morning. The anarchists invaded the Spanish embassy  in Dionisiou Aeropagitou street in downtown Athens at 10:10 a.m. They threw flyers, opened a big banner and shouted slogans against the “Spanish oppression towards …

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Director Costas Gavras to turn Varoufakis’ “Adults in a Room” into a film

Famous film director Costas Gavras plans to bring the book of Yanis Varoufakis’ “Adults in the Room” to the big screen. Gavras who is famous for his political films said in a letter to the former finance minister that he felt inspired to turn the book into a film as …

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IMF growth projection for 2018 at 2.6% of Greece’s GDP

The International Monetary Fund on Tuesday said the Greek economy will grow by 2.6 pct in 2018, up from a 2.4 pct growth rate estimate envisaged in a draft budget plan tabled to Parliament by the Greek government last week. The IMF expects the Greek economy to grow 1.8 pct …

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Parliament adopts Gender Change Bill amid a debated about aliens

Greek parliament approved the bill for gender change and legal identity despite the strong objections of the Greek Orthodox Church and amid a political debate on  Greek traditions, family and religious ideals, the “struggle against Turks in 1821” and … “aliens. The bill passed with the votes of SYRIZA and …

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5-year-old refugee girl from Syria may have died due to chemical weapons exposure

Forensic examination conducted on Monday did not shed light into the causes of death of a 5-year-old refugee child from Syria that died in the Moria Reception and Identification Center on the island of Lesvos. According to initial information the child was suffering from a brain disease and that was …

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