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Recent News

Former Hellenic Postbank CEO Philippidis arrested in Turkey

Former CEO of Hellenic Postbank Aggelos Philippidis was arrested on Friday night in Turkey, according to Greek media. Initial reports say that he was arrested due to an Interpol international arrest warrant and that Turkish police located him via to his mobile phone and a credit card move. He has …

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Misleading sms sends thousands of Greeks to tax offices to claim money back

A misleading sms text sent to thousands of taxpayers via mobile phone caused long queues at local tax offices as people rushed to claim back  the so-called “emergency property taxes” already paid in 2011. Geek media report that the text message was saying: “The Law 3986/11 on special solidarity levy …

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Find spiritual transquility with Greece’s blessed EU partners

I feel a wonderful peace inside me today. It’s so beautiful, I find it hard to explain or describe it by words. It feels like resting in the arms of the angel, like being touched by the lighthearted flutter of a higher power.  I am about to reach the highest …

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Greek measures against winter smog: either cook & freeze or heat & get hungry

“All electrical devices should be turned off, should consumers use air-conditioners for heating.” This advice is been given to Greeks in the context of measures against the air pollution (smog) and thus during the days the smog hits alarming levels. The measure “A/C on, all electric devices off” aims to …

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Climbing in Greece: general unemployment at 27.8%, youth at 57.9%

Its not surprise, and some even will claim “it’s not a news worth reporting”… Unemployment in Greece hit another record in October 2013: it climbed to 27.8% from 27.7% in September 2013 and 26.01% in October 2012. In total 1,387,520 people are without a work. Unemployment among youth is at …

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7 arrest warrants against bank executives & businessmen over Greek Postbank bad loans

Three people were arrested and police are seeking another four after the anti-corruption prosecutor issued at least 7 arrest warrants over suspected loans from Hellenic Postbank. The loans worth 400-500 million euro were given in the period between 2006 and 2011. Former CEO and bank staff, several Greek and Cypriot …

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Alexis Tsipras boycotts Greek EU Presidency official ceremony

Alexis Tsipras, leader of main opposition party left-wing SYRIZA and aspiring EU presidential candidate, will not attend the official ceremony of Greek EU Presidency tonight. Describing the ceremony as a “PR fiesta” SYRIZA criticizes the Greek government for the EU Presidency priorities as these do not include “a challenge” for …

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Greece celebrates EU Presidency with strict austerity

“Free coffee for journalists in the press room finished at 12 o’ clock,” a newswoman knew to report on a private television channel. Debt-ridden Greece could not but apply strict austerity measures during the opening  ceremony of the 5th Greek EU Presidency. The much-appreciated silk scarfs and ties were crossed …

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Greek insured to pay one euro per prescription as of Jan 8/2014

A new tax, a new poll levy. As of today, 8th January 2014, Greek insured will be obliged to pay one euro per prescription they will redeem at the pharmacies. The euro-levy will go for the National Health Care system EOPYY. According to health ministry, excepted from the poll levy …

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Athens: Trolley workers launch 4h work stoppage, Jan 9/2014

Workers at Athens trolley will launch a work stoppage between 12 noon and 4 p.m. on Thursday, January 9th 2014. No worries, that’s not a strike. Workers have to attend the general assembly of their union.

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