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Tag Archives: new

Greece’s debt collectors to screen debtors’ Facebook & other social media accounts

Are you a bank debtor in a cash-strapped country and owner of several accounts on social media? News is bad, my friend. The banks are after you with new methods to prove whether your claim “I have no money” is true or not. They will screen your Facebook, Twitter, Instagram …

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IMF demands €450mn austerity cuts in unemployment, poverty allowances for 2018

The austerity nightmare has no end. Despite the fact that the International Monetary Fund has only an adviser role in the third bailout program, it keeps pushing and pushing for cuts and more cuts without end. It wants cuts in unemployment allowance – currently at 360 euro. Cuts in poverty …

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New charges against Sorras: Leader of criminal organization, fraud, money laundering and others

The self-proclaimed billionaire and now fugitive Artemis Sorras has been charged with fraud and running a criminal organization. The office of prosecutor in Athens published a long list of charges against Artemis Sorras and seven of his close associates on Tuesday. The list of charges reportedly contain “half of the …

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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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