Tuesday , July 23 2024

Recent News

Greece(22.5%) and Spain(24.8%) Lead in EU and EZ Unemployment

Greek’s never ending Calvary: Unemployment. Every month, a new record. Unemployment reached 22.5% in April  – in comparison 21.9% a month earlier and 16.2% a year earlier. According to Eurostat, Greece has the second-highest unemployment rate within the European Union, after Spain that sadly leads with 24.8% (June data). However Greeks …

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EU Investigates ECB Chief Mario Draghi Over Alleged Conflict of Interest

Hardly had we found a euro zone savor,  i.e. ECB-Chief Mario Draghi, it looks as if we may lose him again. The European Union saw itself  enforced to investigate allegations raised against Draghi by NGO Corporate Europe Observatory, an EU-focused lobbying tracker. CEO accused Drahi of  lacking of independence because of his membership to …

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Kalamata: Lawyers on “Strike” Due to No-Functioning A/C In Local Court

 Lawyers Union in Kalamata, SW Peloponnese, decided to abstain from the local court until the air-conditions get maintained and on duty again. “The conditions in the court building of the town are beyond descriptions” the angry and summer  heat-exhausted lawyers said in an open letter to Greek Minister of Justice. “We consider as unacceptable the conduct of …

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45 Policemen Protect Ex Minister; Private Security Firms for the Greek Parliament

 The announcements of Minister for Citizen Protection brought the stone of “policemen as private security guards” in rolling. On Tuesday morning a disclosure which sounds unbelieable but is very logical was made by Deputy Chairman of the Greek Police Union of Attica. Nikos Karadimas told VIMA FM  that 40 to 45 policemen …

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€11.5-Billion Spending Cuts? Greek Government Talks About A Strategy Plan…

There is something odd about the talks between Greece’s government partners Antonis Samaras (ND), Evangelos Venizelos (PASOK) and Fotis Kouvelis (Democratic Left). The three leaders, their parties’ committees and negotiation teams from several ministries have been apparently talking about the 11-billion-euro package of Troika-measures under the guidelines of Finance Minister Yiannis Stournaras …

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Corfu: Tim Burton & Helena Bonham Carter On Summer Vacation

The director of comedy horror, the master of film surrealism Tim Burton chose the beautiful island of Corfu for his summer vacation. Together with his wife, famous actor Helena Bonham Carter, Burton arrived at the island’s airport over the week end and he is reportedly to stay there for a couple of …

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Juncker Warns of Euro Zone Breakup, Accuses Germany of “Populism” in Case of Greece

 Chief of euro group Jean-Claude Juncker warned that the euro zone would break apart and urged the EZ and EU leaders to save the currency union saying ‘there was no time to lose. Speaking to German Sueddeutsche Zeitung,  Juncker also criticized German officials for their statements about a Greek euro exit. In …

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Greece to Molibilze Policemen in order to Combat Crime and Illegal Immigration

Several thousands Greek policemen will be mobilized in order to combat the dramatically increasing of crime and illegal immigration, it was announced by Minister for Citizen Protection Nikos Dendias. On Monday he said, that he has given orders so that 1,500 policemen available for the security of persons and other potential targets to be transferred to …

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“Heat Wave” Package Worth €11.5 Billion Hits Greece

Local thermometers have gone red. Not only in terms of temperatures (40-41°C today) but also in political-economical.  Greece’s coalition government is in the middle of a race with an award of  33 billion euro waving at the end of the road. The country’s lender’s are standing at the finish with …

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