Tuesday , March 18 2025

Recent News

Greece’s unemployment still breaks one record after the other – March 2013 rates

I love Greek statistics. Honestly. They pose a challenge to any math-dude and long-memory impaired person. Every month unemployment hits a new record but every month the new unemployment rate is lower than the rate of the previous month. How comes? Oh, the rates of the previous months are revised …

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UPD Istanbul: Greek student detained on suspicion of “inciting protests”

Greek student Giorgos Iatridis was detained together with ten other foreigners on Tuesday night with charges of inciting the protests in Taksim Square in Istambul. According to his website Alexiptoto, Iatridis was living in Istanbul since October 2012. He is a post-degree student at Aristoteleio University in Thessaloniki and move …

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Holocaust-deniers in Greek Parliament

As provocative as it gets. Taking advantages of legislation shortages and lope holes. An MP from extreme-right, neo-nazi Golden Dawn directly/indirectly accepted the party was denying the existence of Holocaust. Provocation on purpose? Most probably… During a session of  the economic committee investigated the infamous Lagarde-List, GD MP Ilias Kassidiaris …

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What? Is Greecovery not real?

What? Is Greece’s recovery not real? Isn’t there any success story out there? Are the governments’ declarations not true? Do they throw smoke right in front of our eyes?   I have expressed my doubt since Samaras’ launched the famous “Greecovery campaign” a couple of weeks ago. Now, British The Guardian …

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EU Tax Commissioner Semeta tells Greeks to forget V.A.T. lowering & build “fair taxation system”

EU Commissioner for Taxation put a heavy tombstone in Greece’s hopes to reduce the Value Added Tax in catering services and goods. During a press conference in Athens, Lithuanian Algirdas Semeta made it clear that there was no room for tax reduction. Instead he advised Samaras’ government to build a …

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Extreme-right Golden Dawn submits anti-racism bill

Racist party Golden Dawn submitted to the Greek Parliament an anti-racism bill proposal. aim of GD is to combat racism against Greeks.  The bill proposal wants legal actions in order to combat crime committed by illegal immigrants against Greeks. And furthermore also measures against those who “distort Greek history.” The …

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Greece to set up “National Hydrocarbon Company”

Prime Minister Antonis Samaras on Tuesday announced plans for setting up a “national hydrocarbon company” to prospect for natural gas and oil deposits in the Aegean and Ionian seas.  Speaking at a meeting with officials at the Environment Ministry in central Athens, Samaras said that speeding up exploration for hydrocarbon …

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Ilia: Lack of printer ink deprives Greeks from medicine

Residents of Tragano in Ilia, southern Peloponnese, were badly surprised to find out the Regional Medical Center was closed due to lack of printer ink. Locals in need of medicine were confronted with a closed door and a notice saying: “The center will be closed on Monday , June 3/2013 …

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Earthquake 4.4R rattles Athens

An earthquake with magnitude 4.4 on the Richter scale shook the broader Attica region. The tremor occurred at o4:56 in the morning and lasted 2 to 3 seconds. According to Geodynamic Institute of Athens Observatory, the epicenter was 4 km SE of Pikermi and 22 km East of Athens. It …

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Great Expectations on tax lowering crashed by the wheel of IMF-steamer Christine Lagarde

With the Troika representatives back in Athens, Greece reportedly gives a battle to achieve the lowering of Value Added Tax in catering services and goods from  currently 23% down to 13%. So far the signals from the country’s main lender International Monetary Fund are not promising. Christine Lagarde was clear …

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