Keep Talking Greece Greek News in English, Blog, Wit & Drama

Hundreds of millions of euro bank notes arrived to Cyprus per airplane, Cypriot media reported.  The plane had taken off from Frankfurt and landed on the island in the afternoon. A huge police operation was staged to carry the bank notes and distribute them  to several banks on the island as …

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With the decision that banks in Cyprus will open again tomorrow Thursday, March 28th 2013, a legislation on capital control restrictions has been leaked to the press Wednesday afternoon although the official decree by the Central bank is still due. UPDATE 20:30 pm – withrawals per person per day from each …

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Greek police detained film director Dimitris Collatos on Wednesday afternoon with charges of ‘insulting national symbols’. Collatos had hoisted a Greek flag on his balcony. The flag was featuring a German army boot over Greece in a lake of blood. A swastika was also to be seen. According to neighbors, …

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“Greece is an impressive vacations country,” said German Labour undersecretary Hans-Joachim Fuchtel and grabbed the hands of the attractive Greek Tourism minister Olga Kefaloyianni. He look a bit down to the magnetic Cretan girl – and it looks as if he felt he was about to lose himself inside the eternal brown of her …

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Latvia, Bulgaria, Romania and Greece top the list of the poorest countries among the 27-members of the European Union. According to a comparative survey conducted by the German Economic Institute (Wirtschaftsinstitut) in Cologne: Least poor citizens are in Scandinavian countries  Denmark, Sweden and Finland, but also in Luxembourg, the Netherlands and Austria. …

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For second consequent day Athens Stock Exchange felt the pressure of uncertainty over Cyprus. While the general index was suffering losses of -5.80% at 2:45 pm on Wednesday noon, it plunged down to -7.20% by 2:50 and ‘recovered’ at -6.20% five minutes later. I really can’t tell if the sell-off of …

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Crisis of any kind can be eventually very inspiring. How much more when it comes to money and “poetic’ economic terminology like ‘haircut’.  OK, president Nicos Anastasiades may be not solely responsible for the crisis as he came to office end of February. But his negotiation skills with the Troika could …

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One of my friends woke up very early this Wednesday morning. In fact, she was not able to enjoy a deep refreshing sleep all night. In reality she hasn’t slept well since more than a week. When the Cypriot banks closed their doors to customers due to the crisis. My …

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Russian roulette or just a normal spinning wheel in Cyprus’ casino? The first officials statements referring to the haircut  big deposit holders at Cyprus Popular Bank would undergo spoke of 30%. Then it was 40%. Now it looks that depositors will lose 80% of their money. Croupier Michalis Sarris spun …

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Luxembourg’s foreign minister accused Germany on Tuesday of “striving for hegemony” in the euro zone by telling Cyprus what business model it should pursue. Like Cyprus, Luxembourg has a large financial sector, whose comparatively light-touch tax and regulatory regime has long irked its much bigger neighbors Germany and France. “Germany …

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Greece’s National Food Safety Agency (EFT) found again horse DNA in ‘beef’ meat products imported from Latvia and France. In one case, the Latvian salami had 95.8% horse DNA. -Salami “MOCKOBCKAЯ ΠΡΕΜИУΜ” (Moskowskaya Premium) 200-gr pieces produced by Latvian company “SIA GRAVENDALE” (LV A003355 EK ) and distributed by an …

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Everyone remembers  the show staged of Ruby, Sakis and Stratos beginning of the month. Together with photographers and cameramen, the three Athens strays had lurked the Troika representatives outside the Greek finance ministry and started an anti-austerity barking when they arrived. Next day, reports  in the Greek press claimed that …

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