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Greek PM’s Historical Visit to Israel

Greek Prime Minister George Papandreou pays  a two-day visit to Israel and the Palestinian Territories, carrying out the first visit by a Greek prime minister to Israel since three decades.  Among the issues to be discussed during the visit is the situation in Gaza and ways to find a final a …

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Papandreou: Cyprus a Precondition for Normalisation of Greek-Turkish Relations

“Solving the Cyprus issue is a precondition for full normalisation of Greek-Turkish relations,” Greek Prime Minister George Papandreou said during abrief stopover at Cyprus’ Larnaca airport on his way to Israel. After the meeting withCyprus President DimitrisChristofias, Papandreou called on Turkey and the Turkish Cypriot leadership to seriously study the …

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Alexander the Great killed by toxic bacteria?

Can a real person die of a mythical cause? Can real Alexander the Great have died of toxic bacteria suspected in the mythical river Stynx, as scolars will try to prove? Alexander the Great was a real person of flesh and bones. He was proclaimed a king at the age of …

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Greek Journalist shot in Athens: Police shows Terrorists – Photos

Radio Thema98,9 and NET state TV reported a couple of minutes ago that the police has identified the guns , Tokarev type 9mm, as belonging to local terrorist organisation “Sect of Revolutionaries”.  The identification was made via examination of the 17 bullets hulls found at the crime scene. According to police, Sokratis …

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Greek Journalist Shot – Reactions

Shock, anger and fear prevail in Greek journalism community and society after the murder of the renowned journalist and blogger Sokratis Giolias. Journalists, ordinary people and politicians clearly condemn the heinous crime Journalists are especially numb as they perceive the coward  killing of Giolias  as a warning message targeting to silent …

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Uneployment Rate shocks Greeks

Almost 600.000 Greeks are jobless and the unemployment rate reached 11,9% according to National Statistics Office data released earlier today. The April report disclosed that 130.000 Greeks lost their source of income within one year. Unemployment rate is 11,9%  in April 2010. In comparison it was 11,6% in March 2010 …

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Greek Banks First Merger: Piraeus’ Checkmate – Background

 Piraeus Bank, the  fifth-biggest lender in Greece, has submitted a proposal to the Greek government to buy “significant stakes” in two Greek state-controlled banks, the Agricultural Bank of Greece-ATE and the Hellenic Postbank-TTE,  Piraeus Bank CEO Mihalis Sallas announced in a Press Conference in Athens two hours ago. The Greek government …

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Greeks: Ready to Migrate at 38% – Eurobarometer Report

Thirty-eight to one hundred Greeks and 48 in a hundred EU-citizens  is ready to leave the residence and to move to another area or country,, if unemployed and facing problems finding work. These results from the Eurobarometer survey, released a couple of days ago  in Brussels, concern the geographical mobility in the …

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Greek Banks: Stress Tests and Mergers Rumors -upd

While European Regulators sit curled over the papers of  8 Greek banks to undergo a stress test on kidneys and heart,  false  “hairdressers” and  prophets speculate on  possible “haircuts” on government bonds.  Scepticism on bank’s exposures  to Greek Bonds goes around together with rumors about due mergers and stakes’ sales. REUTERS reported Tuesday that EU …

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Greek Banks: Stress Tests, Haircuts and Mergers

Hot weather and stress are both known to cause sweating. Currently the majority of Greeks are loosing volumes of sweat due to recession stress and the bankers don’t seem to be  exception to the rule. Eight Greek Banks are waiting the official result of CEBS’s stress tests to be disclosed on July …

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STRATFOR: Greece…. is truly alone!

Loss of geopolitical role in the Balkan region, significant political instability, social violence, economic bankruptcy and exit the euro zone are some of the pessimistic forecasts for Greece as stated in “The Geopolitics of Greece: A Sea at its Heart” STRATFOR-Global Intelligence report on Greece. In the 10-page analysis released on June 28, …

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Greece For Sale – from Guardian.com.uk

Greece puts its islands up for sale to save economy Desperate attempt to repay debts also driven by inability to find funds to develop infrastructure on islands Elena Moya guardian.co.uk, Thursday 24 June 2010 21.33 BST Greece is raising cash by selling off an area of state-owned land on Mykonos …

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Historical Orphanage to return to Ecumenical Patriachate

   Turkish Prime Minister Tayyip Erdogan highlighted the further boosting of Greek-Turkish relations in talks he held with Greek Prime Minister George Papandreou in Istanbul on Wednesday, on the sidelines of a SouthEast European Cooperation Process (SEECP) summit.    Erdogan mentioned the importance of the implementation of the agreements signed during …

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The Greek Patient: Hospitals' Supplies Shortages

FATAL SHORTAGES IN GREEK HOSPITALS – SUPPLIERS BLACKMAIL THE GOVERNMENT IS THERE A WAY TO ESCAPE BRIBERY? Man carries away his Greek Patient wife from a state hospital after doctors and nurses attempted to steal her gauzes Greek Hospitals… a place to avoid The pictures in the greek state hospitals has always …

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SIEMENS Bribery Scandal: Open bank accounts

The photo below is wrong! SIEMENS BRIBEd GREEKS IN DEUTSCHE MARKS & EUROS ! The Parliamentary examination committee investigating the Siemens bribery scandal asks the opening of 18 bank accounts belonging to natural and legal persons, including financiers and well-known businessmen. The examination committe sent a letter Wednesday to Mr. …

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Finance Minister Counts Civil Servants instead of Sheep

or Count Civil Servants Greek Finance Minister, Giorgos Papakonstantinou, spends surely countless nights without sleep. While millions of insomnia sick around the globe use the traditional method of counting sheep in order to lull themselves to sleep…. Mr. Papakonstantinou has found THE cure against his debt-driven and cash-dry insomnia: He …

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We write Greek NEPOTISM in Capitals

We write Greek NEPOTISM in Capitals Nepotism – the favoritism granted to relatives and friends regardless of their merits – has been a common practice in Greece. It has been tolerated by a large percentage of the population for ages, since it provided people with guaranteed income and politicians with …

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Shock, Anger and Grief

Shock, Anger and Grief Mourning families, mourning friends, mourning colleagues, mourning folks. A whole nation grieves the painful and tragic death of the three bank employees. A whole nation cannot recover from the shock from  the cowardly murder of three employees of Marfin Bank. Epameinondas Tsakalis, 36, Paraskevi Zoulia, 35, …

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Greece: Officially Bankrupt! What people say to EU/IMF bailout

PM Papandreou iin Castelorizo Greece: Officially Bankrupt! Bailout Plea from EU/IMF It took PM George Papandreou several hundred miles to travel to the fringe and picturesque island of Castelorizo, near Turkey, to make the long-expected rescue appeal for the Greek bankrupt economy. Greece admits, it is now officially bankrupt, unable …

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