Thursday , September 21 2017

Recent News

Greek FinMin tells BILD, he can’t enjoy life anymore…

Greek Finance Minister Yiannis Stourrnaras picked up German tabloid BILD to recount the dull lifestyle he had to live after he was appointed to the most crucial ministerial post of the debt-ridden country. Bild reporter visited Stournaras in his office in Athens and started right away with a personal question: “He is …

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Athens police finds 4 bags with explosives after warning phone call

Greek police found four bags each containing small amounts of explosives in four different locations in the north of the city and after a warning phone call reached a newspaper. According to Greek media reports, an anonymous caller called at 9:30 a.m. Eleftherotypia newspaper, claiming that four bombs would explode …

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Greece imported billions of euro in banknotes to avert bank run?

Greece’s central bank had allegedly  billions of euros of banknotes shipped in from other central banks abroad to avert a bank run during the country’s debt crisis as depositors withdrew their money,  newspaper To Vima reported on Sunday. The banknotes allegedly arrived to Athens per cargo airplanes, while employees at …

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Samaras-Erdogan meet in Istanbul, sign 25 “low politics” agreements

“A good day for Greek-Turkish relations,” Greek Prime Minister Antonis Samaras told reporters during a joint press conference with his Turkish counterpart Recep Tayyip Erdogan after the signature of 25 agreements. on so-called “low politics” fields. “The politics of everyday life are essential, “Samaras underlined. “We build trust,  we bring our people …

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Athens court sentences ex Defence Minister to 8 years imprisonement, half million euro fine

A court in Athens sentenced former Defence Minister Akis Tsochatzopoulos to 7+1 years imprisonment, a fine of 520,000 euro while it ordered the confiscation of  his luxury real estate property, a three-storey building at noble Dionisioy-Aeropagitoy Street close to Acropolis. Akis Tsochatzopoulos, former powerful PASOK official stood trial on Monday morning …

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Multinationals blackmail Greece: Part-timers on €250-300 monthly salary

Turning Greek labour forces into “Chinese workers” without rights and an as-minimum-as-possible wage  seems to be the dream not only of the International Monetary Fund, the Troika and Germany but also that of multinational companies. Allegedly in the name of holy competitiveness, multinationals want to trade “peanuts” for “salary” in order to invest …

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Good buys! Emir of Qatar purchases six Greek islands

No one, not two, not three…. The Emir of Qatar purchased a whole bunch of Greek islands. Six! They all belong to Exinades island group in the Ionian Sea. The most expensive of the six is Oxia island, for which the generous investor reportedly gave 4,900,000 euro for the purchase. buying everything that …

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Athens: Ex PASOK Defence Minister, acting Golden Dawn MP stand trial

Athens courts have a busy day on Monday with prominent defenders appearing before the judges. Former defence minister Akis Tsochatzopoulos (PASOK) stands trial for inaccurate income declarations of the past. Is this a reason to stand trial? No. The main reason for Tsochatzopoulos to be in custody since April 2012 are …

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Greek FinMin considers imposing compulsory property insurance

Greek finance ministry considers to make property insurance against earthquake and floods obligatory. According to daily Kathimerini, the compulsory insurance of property against big natural disasters like earthquake and flood is being considered by the finance ministry as an attempt to forestall the possibility of a widespread economic damage from an …

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PASOK leader: EU part of the Troika offered ‘velvet euro exit’ in August 2011

PASOK leader Evangelos Venizelos dropped a bomb on Friday: “The country’s lenders offered a velvet exit from the euro in 2011,” Venizelos told 4,000 stunned party delegates during a speech at PASOK’s convention in Athens. Venizelos said that the Troika proposal came after a severe disagreement and that the price …

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