Friday , September 22 2017

Recent News

Greek PM Papandreou: “Open the Windows!”

I would rather expect a Greek prime minister to demand with resonant voice and determined  tone “Pay the Taxes!”, “Stop the Strikes!” or  “Wake up the Civil Servants!”.  Moreover, as  George Papandreou is leading the Socialist government of PASOK, encouragement stimuli of a society friendly style like “Give Cheap Bread!” or “Decrease Bus …

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Unemployment in Greece hits new record

Unemployment in Greece reached a dramatic new height  last October, according to  Hellenic Statistics Authority. Officially the unemployment rate in Greece reached 13.5% in October 2010 compared to the 9.8% for October 2009. It is the highest unemployment rate registered in Greece during the last ten years. According to the latest figures, within one …

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Standard & Poor’s: 40% possibility Greece’s Default

Rating agency Standard & Poor’s Thursday said there is a 40% probability that Greece may have to restructure its debt. “Apart from Greece, all other euro-zone countries have an investment-grade rating, which means the risk of default isn’t very high. There is a 40% risk that Greece might have to …

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Germany criticizes Greece’s support of WWII compensation case at ICJ

German Foreign Minister, Guido Westerwelle, criticized Greece’s decision to support a World War II compensation claim at the International Court of Justice in the Hague. In a statement Guido Westerwell said that “he did not understand Greek state’s decision” to stand on the side of  Distomo massacre  survivals. “In Germany, …

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Greece: H1N1 cases on the rise

InfluenzaA(H1N1) or else “Swine Flu” is on the rise in Greece and the confirmed cases of infected people have risen to 11. According to latest reports, 10 confirmed cases have been located on the islands of Kimolos and Milos, while the first H1N1-victim has been manifested in Larisa (Central Greece). A …

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Screening Greek Politicians’ Assets: Real Will or Distraction Strategy?

What is the purpose of all these leakages to Greek media heralding the economic screening of politicians’ assets? Are these news a result of serious political will to finally clean a corrupt system or is it   just a government campaign to distract the public from all these prices hikes? The latest relevant media report has it, that …

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Athens:No Public Transport around -24h Strike, Jan13

Another day of transportation chaos is awaiting the residents of Athens due to the 24h strike of Metro, Buses, Trolley and Urban Train-HSAP, announced for Thursday, Januar 13, 2011. Only Proastiakos and OSE-trains will operate as scheduled. The strikes in Trolleys and Buses have been declared “illegal” by Athens courts, however …

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Hundreds cheer as Toll-Mayor released (video)

Hundreds cheered, chanted slogans  and applauded as Apostolos Gletsos exited the prosecutor’s office in Lamia earlier today. An overwhelmed Gletsos hugged his supporters and shouted “I love you! I love you!” The mayor of Stylida, who demolished highway toll barriers,  was set free until his trial in April 2011. Apostolos Gletsos …

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Greece to take Germany at ICJ over WWII atrocities

Greece will contest a German appeal at the International Court of Justice (IVJ) in the Hague (Netherlands) in an effort to obtain compensation for the atrocities against the people of Distomo during World War II.  Greek Prime Minister George Papandreou said  at a cabinet meeting that he has decided to intervene on this specific …

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Athens: Will Urban Train operate as scheduled, Jan 12?

Athens Urban Train-HSAP is forced to operate as scheduled Wednesday night, January 12, 2011, as a  court declared the work stoppage from 9 p.m. to midnight as ‘illegal’. However, state television NET reported that HSAP-workers claim to stuck to their decisions. Please, check regularly for updates on Tuesday’s strike agenda …

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Greek FinMin to inform Fitch and Moody’s via tele-conference

Greece’s Finance Minister, George Papaconstantinou, will have a direct telephone conference with executives of rating agencies Fitch and Moody’s , most likely later today or tomorrow,  Greek news Portal Zougla reported. The head of Greek government’s economic team is expected to inform the rating agencies’ executives on the latest developments of …

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OMG! My snowmen melted…

The snowmen, who were dancing Zeibekiko all through the Festive Days on the roof of my website, melted…. I can officially announce the end of the Holiday Season 2010-2011 🙁 It had started to rain a while ago… when I looked up to the roof the four snowmen weren’t there …

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