Thursday , August 11 2022

Recent News

Famous playwright Iakovos Kambanellis died at 89 (music videos)

Famous playwright Iakovos Kambanellis passed away on Tuesday at the age of 89.  He was considered one of the most influential post-war Greek playwrights.  He was also a poet, a lyricist and novelist.   Kambanellis was born on the island of Naxos on 1922. On 1934 his family moved to …

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Greek Teachers on Strike, Mar 30 – Rally in Athens downtown

There were so many news today that I almost forgot that. Primary and secondary school teachers will be on 24h strike tomorow, March 30, 2011. They oppose the planned mergers of schools and the possibility of wages cuts and loss of social security and labour rights. They plan a protest …

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Greece revokes all permissions to Italian research vessel due to EEZ

Greece refused to give permission to Italian oceanic  vessel Explora after it sought permission from Turkey to research in areas covered by the Greek continental shelf and the Exclusive Economic Zone (EEZ). Research vessel Explora has been operating in the sea area south of Kastellorizo island for a marine survey towing a …

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S&P downgrades Greece – PM lashes out against Rating agencies

Standard & Poor΄s Ratings Services said on Tuesday it lowered its long-term sovereign credit rating on Greece to ΄BB-΄ from ΄BB+΄ and maintained the rating on CreditWatch with negative implications.  At the same time, the rating agency placed its ΄B΄ short-term sovereign credit rating on Greece on CreditWatch with negative …

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(Upd) Mornos Water pipeline breaks down – Residents Flee

A sixty meters rift broke in the Mornos pipeline that carries water to the Greek capital. Masses of water were released flooding fields, houses and shops. Panic broke out among the residents  who were warned almost at the last minute to  flee the rushing water. Most affected was the Saranti village …

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Keratea: There is a war going on 50 km SE of Athens… (videos)

 In Ovriokastro village church bells rang, and sirens and megaphones called the residents to rush to the road blocks on the outskirts of the town. “We are getting attacked!” the voice was warning through the megaphones, while the shrilling sound of municipality sirens was sending waves of goosebumps to men …

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Greece’s Libya participation costs € 6,5 million per month

In an extremely difficult economic period for Greece, the country’s participation to operations against Libya cost just 6,5 million euros per month. “Therefore should the operations last three months the costs will amount 20 million euro” National Defence Minister Evaggelos Venizelos told the External Affairs & Defence committee of the Greek parliament. …

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Greek economy? Thanks for asking…

How is Greek economy doing?  Apart from the failure to combat tax evasion, to cut state spending by trimming the  state apparatus and to boost development to escape recession…. thanks for asking! A BBC survey conducted among Euro economists show no good ahead. Two-thirds of the 52 respondents forecast a default! “The …

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Malta stops Greek managed Tanker going to Libya

The Maltese government last Wednesday (March 23/11) intervened to stop a Libya-bound Malta flagged vessel laden with fuel ordered by the Gaddafi regime , The Sunday Times has learnt. The MV Breeze, a Greek managed tanker, was contacted and stopped by the Maltese authorities on route to the Libyan port …

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Greek Surgeon detained for 500 euro “Fakelaki”

A state hospital surgeon was arrested Monday afternoon in Thessaloniki and is to be charged with ‘ passive corruption” for taking 500 euros for a surgery. According to a complain filed by a patient’s wife the surgeon had demanded 500 euro ‘fakelaki’ in order to operate her husbands. The wife had informed …

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Greece – Libya: Limnos F451 goes, Themistoklis F465 comes

We have been reporting since last week that the Greek frigate “Limnos” has been patrolling in the waters between the island of Crete and Libya. Today the news came in, that “Limnos set sail from the Souda Bay, bound for waters between Libya and Crete”. Furthermore it has been said that “the …

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Greece: You won’t be able to pay cash for purchases over 3,000 as April 1, 2011

Tax evasion is the key problem to the revenues deficit of Greece and the increasing debt. While there is criticism that the government is unable to control the problem and the tax collection mechanism is , the Finance Ministry has thought out a plan that is going to file electronically all purchase. …

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