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5
Jan

Athens Stock Exchange Below 650 Units; Strong Pressure on Banks

Posted by in Economy

Athens Stock Exchange recorded significant losses on Thursday, with the stocks of the banking sector to be at the heart of liquidations. Particularly the shares of National Bank of Greece retreats in new lows of 1.43 euro and is down 2.53%. At noon, the General Index was down at 649.90 units, [...]

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5
Jan

Number of Abandoned Dogs Skyrockets in Crisis-Hit Greece

Posted by in animals

You see them everywhere. Dogs wandering around without a visible goal in streets and parks, squares and promenades. Running run up and down, left and right. Following an unseen trace. Running distraught and distressed. Hungry and thirsty.  Wearing a blue, a red or a brown collar. The once loved but now abandoned [...]

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5
Jan

Greek PM Blackmails: Greece May Default in March Without Second Bailout

Posted by in Economy

 Ops! It seems I have missed this important news. Greek Prime Minister Lucas Papademos has warned us that the country may face an uncontrolled default in March should we be unable to sign a second bailout agreement with our lenders, the esteemed members of the International Monetary Fund and our [...]

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5
Jan

Kaldemorgen: “Along with Drachma the Carts with Mules will Come”

Posted by in Economy

“Carts with mules will replace cars, should Greece exit the Eurozone and return to drachma.” In this colourful way Claus Kaldemorgen described the impact of drachma to the Greek society. Speaking to German Deutsche Welle radio, the head of DWS funds management warned about the consequences of an euro exit [...]

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4
Jan

Papandreou Gives Up PASOK, Attacks Media Boss and Vested Interests

Posted by in Politics

Greece’s former prime Minister George Papandreou decided to stay at socialist PASOK leadership until he …goes. During a meeting of socialist Party PASOK, the ex PM told his companions in socialism that he will step down s party leader and will no seek to be re-elected. However that he will remain [...]

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4
Jan
http://www.keeptalkinggreece.com/2012/01/04/troika-labour-middle-ages-you-aint-see-nothing-yet/ tagged:

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Troika: Labour Middle Ages? You Ain’t See Nothing Yet…

Posted by in Uncategorized

Those Greeks thinking the loss of labour rights and benefits and the sharp income decreases of 2011 were ‘horrible enough’ enter the New Year in a state of real terror. The IMF-EU Troika is adamant in turning Greece into the “poorest India” of the euro zone labour-wise and insist on total abolition of labour rights and [...]

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4
Jan

ELSTAT: 20.1% of Greeks Are Threatened by Poverty

Posted by in Society

The poverty data in Greece in shocking. One in five Greeks is threatened by poverty, according to statistics from 2010. If one should add the statistics of 2011, that has not been gathered yet, the picture of the Greek reality in times of  IMF, bailout, strict austerity and recession, will be much more [...]

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3
Jan

Students Protest Education Minister Holding Black Crosses

Posted by in Society

Holding Black Crosses Greeks students chose an original way to protest Education Minister Anna Diamantopoulou. Holding the wooden crosses the students had gathered outside the Byzantine Museum in Athens and chanted slogans against the government and the Troika. Diamantopoulou who visited the exhibition “Holy Mountain” got by surprise but strengthened by [...]

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3
Jan

“Pirate Party” Anchors in Greece

Posted by in Politics, Society

With the ambition to become ‘the new operating system in our society” the Pirate Party casts anchor in Greece and is expected to be formally established as  a political party towards end of January. The PP understands itself as the Greek branch of the Swedish Pirate Party (Piratpartei).  The party statute [...]

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3
Jan

What’s Up in Greece on Jan 3/12?

Posted by in Very Mix

A political-economic-justice turmoil is up in Greece as the two prosecutors who recently resigned from the judicial task force and their allegations were filed, hit back. Grigoris Peponis and Spyros Mouzakitis insist that the names of those who put them under pressure are at the disposal of Justice. At the same [...]

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