Monday , February 10 2025

Recent News

Alexis Tsipras, IMF seem to agree: new debt haircut essential

The impossible seems possible: Alexis Tsipras, leader of Greek main opposition party left-wing SYRIZA and the International Monetary Fund seem to have agreed that the Greek austerity program cannot succeed and therefore a new debt haircut is inevitable. After meeting with IMF officials in Washington, Tsipras told reporters that “cutting …

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Disposable income of Greek households decline 10.6% in 3Q 2012

 The disposable income of Greek households was reduced by 10.6% in the third quarter of 2012, Greek Statistics Authority ELSTAT announced on Friday. Main reasons for the loss are: salary decreases by 11.3%, social welfare benefits decreases by 10.2% and income and wealth (a.o. property) tax increases at 17.7%.  Disposable …

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Larissa: Racist attack against Pakistani mini market

A racist attack against a Pakistani mini market in Larissa occurred on Thursday night. Holding bats and shouting racist slogans a group of 15-20 people attacked the mini market. The owner is of Pakistan origin and the place is also used by his countrymen to hang out. One Pakistani was slightly injured and was …

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Athens paralyzed as all public transport means on strike

“Rien ne va plus” on the roulette table of Athens streets as thousands moved to work with their private vehicles. No public transport means left the depot on Friday morning due to solidarity strike of bus, trolley and proastiakos workers to their colleagues of Athens Metro, urban train ISAP and tram who received ‘civil mobilization orders’. …

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Greece’s self-employed to receive “unemployment” allowance

Labor Minister Yiannis Vroutsis announced on Thursday that self-employed who have closed their businesses due to crisis will start receiving “unemployment” allowance as of 1. March 2013. The allowance will be 360 euro per month and will be given for a period of time of 3 up to 9 months maximum. …

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Greek seamen on 48h strike, Jan 31-Feb 1/2013

Greek seamen will launch a 48-hour strike on January 31st and February 1st 2013. The strike will start at 6 a.m. on January 31st. Seamen protest the new multi-bill of Maritime ministry which indirectly foresees among others that seamen can easily lose their work places. If you have to use …

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