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Tag Archives: new

Varoufakis to establish a pan-European political party in February

Varoufakis’ fans across Europe, get ready! The former Finance Minister of Greece, Yanis Varoufakis plans to form a political party, a pan-european movement, as of February 2016. In an interview to Italian weekly magazine L’ Espresso, Varoufakis revealed his plans saying that his aim is to “democratize Europe.” Varoufakis said …

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Greece legislates against Bullying after victim, 20, commits suicide

“Anyone who commits bullying will be punished with imprisonment of at least six months.” This is the reaction of the Greek government to the tragic death of the first “official” victim of bullying in the country, Vaggelis Giakoumakis. The 20-year-old student committed suicide last month being unable to bear further …

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Ex PM Papandreou launches “Movement of Democratic Socialists” and divides PASOK

Three hours before the official announcement of  his new political party  Saturday afternoon, former Prime Minister George Papandreou submitted the necessary documents to the court so that the new party will be able to participate in the elections of January 25th. The name of Greece’s new political party is reportedly …

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Yiannis Stournaras is the new Governor of Bank of Greece

For some blessed people the stars are always shining above their heads. Hardly had Yiannis Stournaras lost his job as Greece’s Finance Minister, a new job has been waving to him and thus with better salary and much more benefits.  Stournaras’ new job is to be Governor of Bank of …

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Gikas Hardouvelis: who is Greece’s new Finance Minister?

Two seem to be the key features of Greece’s new Finance Minister Gikas Hardouvelis: that he knows the euro mechanism and he knows the banks.  Hardouvelis is a professor of Finance & Economics at the University of Piraeus and Cheif Economist and Director of Research at the EUROBANK. He served …

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Greek FinMin to taxpayers: New taxes? Darling, it’s not what you think…

Ιn the virtual Greek reality we live in, I often recall the famous infragranti situation, when a partner captures his/her partner in bed with somebody else: both lovers naked but one of them shouts to the stunned and betrayed partner: “Darling, it’s not what you think…” Exactly the same is …

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Greek FinMin: No horizontal cuts, but €500million in social security

What if coalition government leaders PM Antonis Samaras and deputy PM Evangelos Venizelos repeatedly assured there would not no new austerity measures. Appointed and not-elected finance minister Yiannis Stournaras gave things a sober approached and even indirectly announced where the new cuts will come from: from social security funds. “We …

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Greece’s new anti-racism law? It will take a while…

Just two days after announcing the new law against racism, Greek government decided to put it on hold. Officially some technical modifications are needed. Unofficially, it looks as if there was some disagreement within the coalition government partners. Odd enough, the prime minister apparently consulted with the deputy Justice minister …

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Greece seeks tougher penalties for racist crimes and fines for Nazi salute

Greece seems determined to impose tougher punishment for racist and xenophobic crimes and even forbid  symbols like the Nazi salute if used by lawmakers.  Exempted from the new anti-racism legislation are not even members of the Greek parliament, if they use it for such crimes.  The government has prepared a …

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EU bans new cosmetics with animal-tested ingredients; some loopholes though…

No new cosmetic product containing ingredients tested on animals can be sold within the European Union, after a relevant decision by the EU Commission released on Monday.  Animal rights groups were quick to cheer the measure, but Cosmetics Europe, a trade body representing the EU’s (euro) 71 billion ($93 billion) industry, said …

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Greek seamen extend strike for another 48 hours, Feb 6-7/2013

Negotiations with Maritime Minister brought no results. Greek seamen union PNO decided on Tuesday morning to extend their strike for another 48 hours. Ferries and ships will remain docked also on February 6th and 7th 2013, that is until February 8th, 6 o’ clock in the morning. Maritime Minister Kostis Mousouroulis …

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Sachinidis is Greece’s New Finance Minister

Philippos Sachinidis is Greece’s new Finance Minister. Sachinidis, 49, replaces Evangelos Venizelos who resigned on Monday in order to lead socialist party PASOK to parliamentary elections. “Philippos Sachinidis was appointed Finance Minister” the prime minister’s office said on Wednesday in a statement just two hours before Sachinidis’ oath ceremony which was already scheduled …

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Unemployment Benefit Goes Down to Ridiculous €359 per Month

Greece rushed to obey to its lenders dictates ahead the Eurogroup meeting on Thursday afternoon. Just a couple of hours earlier the Ministries of Finance and Labour had hastily signed an agreement that the unemployment benefit will undergo reductions of 22% as the minimum wages. Unemployed Greeks will receive (ridiculous) €359 per …

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ANGOLAS MERKOZY: The Ugly Face of New Europe

This is a picture, a photomontage, that you can show your children and threaten them “MERKOZY will get you, if you don’t eat your dinner!”. The same picture and the same threat you can use with your wife or husband,  your pensioner parents, your teenager kids if they complain about the austerity in your pockets. …

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