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12
Mar

National Day Parades (Mar 25/12) To Take Place as Usual – Despite Fear of Protests

Posted by in Politics

The National Day parades on March 25th 2012 will take place as usual, the Papademos government decided on Monday, despite fears of mass protests. At a meeting of the ministers of Interior, Education, Defense, Justice and Citizens’ Protection under PM Papademos, it has been also decided that all the members of the government […]

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12
Mar

Germany, Greece and Seven Other EZ Members Support the Tobin Tax

Posted by in Economy

Germany, Greece and seven other eurozone member countries support the idea of “Tobin Tax” (FTT) on financial transactions. German daily Sueddeutsche Zeitung reported, the finance ministers of Germany, Greece, Italy, France, Austria, Finland, Belgium, Spain and Portugal sent a letter to EU Danish Presidency and request to “overcome all relevant difficulties until […]

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12
Mar

Famous Greek Folk Singer Domna Samiou Died at 84

Posted by in Culture

One of the most famous Greek folk singers, Domna Samiou, passed away in an Athens hospital last Saturday at the age of 84. For over half a century, the “Grande Dame of the Greek folk music” had been collecting, recording and performing traditional songs of Greece. Her death leavs an irreplaceable […]

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12
Mar

What’s Up in Greece on March 12/10?

Posted by in Very Mix

The second bailout agreement is expected to get the final approval at the Eurogroup meeting today. After the successful PSI. Today is also the day where Greek bond holders will proceed to the swap of the new “haircut” Greek bonds. Greek media report that the Eurogroup will immediately release a […]

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10
Mar

Greek Super-Market Chain Sets Pet-Food Donations Boxes For the Benefits of Strays

Posted by in animals

 This a new charity action for Greek local animal welfare organisations that struggle to cope with the economic crisis and an always increasing number of strays of abandoned pets. Supermarket “AB VASILOPOULOS” accepted to set pet food donations boxes at its branches so that animal lovers can donate food. For […]

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10
Mar

Frustrated Pensioner Hurls Yogurt At FinMin Venizelos

Posted by in Society

Pensioner Yannis Lemonis is a member of socialist party PASOK. He had gone and took position as early as the doors for the National Convention of PASOK, that takes place in Faliro, suburb of Athens, a week before the elections for the new party leadership. In times of austerity and the Troika-Memorandums Lemonis […]

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10
Mar

Anagnostakis: “Old Streets I Loved and Hated Endlessly…”

Posted by in Culture

The previous post about Athenians and migrants searching for food in the garbage bins reminded me of this powerful poem by Greek existential poet Manolis Anagnostakis. It is called “Old Streets” (Δρόμοι Παλιοί). Pain and despair. And lost souls in the anonymity in a city that is dead… Anagnostakis may […]

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10
Mar

Shock in Athens: People Find Food in Garbage Bins (video)

Posted by in Society

Fish eggs, rotten vegetables, cracked eggs, expired dairy products, a loaf of old bread… They pick everything they think they can eat from the big garbage bins standing outside super-markets and restaurants. They set aside their dignity and dig deep in the stinking bins to secure something to eat. A […]

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10
Mar

PM Papademos “We Shouldn’t Miss This Opportunity”

Posted by in Politics

Prime Minister Lucas Papademos addressed the nation on Friday night, after the successful completion of the Greek bond swap. In his usual understatement tone, Papademos spoke of a ‘historic opportunity” and urged that “we should not miss it”, “we should learn form the mistakes” and mentioned even the (small) investors who […]

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9
Mar

ISDA: Greek PSI-CACs “Credit Event”; CDS Payments Triggered

Posted by in Economy

 Yeap. The activation of the Collective Action Clauses” (CACs) consist a “credit event”, said the International Swaps and Derivatives Association (ISDA) on Friday. Now the CDS will have to be paid out and all those who bet on Greece’s bankruptcy will make some nice profit. The CDS or Credit Default Swap is a […]

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