Thursday , June 13 2024

Recent News

Veria: Court Clears Chrysi Avgi Members, Punishes the Plaintiff

A court in Veria, Northern Greece, cleared seven out of eight members and supporters of the extreme-right Chrysi Avgi (Golden Dawn) of charges of assault against the owner of a local coffee shop. One defendant received a four-month jail sentence suspended for 3 years for causing physical damage.  The same punishment and for the …

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UPD: PM Samaras’ Letter to EU Leaders Has Been Delivered – Full Text

Greek Prime Minister Antonis Samaras expressed his full commitment to the terms of the bailout programme and asked adjustment in terms of unemployment and recession. In his letter to EU leaders, that was delivered by President Karolos Papoulias at the EU Summit in Brussels, Samaras writes: “As I informed you, …

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Caretaker FinMin Zannias the New President of National Bank of Greece?

Giorgos Zannias, caretaker finance minister under Pikrammenos government, is to be appointed as the new President of the National Bank of Greece (NBG), state broadcaster NET TV reported on Friday afternoon. Although Pikrammenos government resigned after June 17 elections, Zannias is still FinMin because a) Vassilis Rapanos -the former President …

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EU Summit: Merkel vs The Rest of the World

European leaders gathering Thursday in Brussels are set to sign off on a series of measures to boost economic growth but expectations of a breakthrough on the pooling of debt have fallen by the wayside. Germany’s Chancellor Angela Merkel, who has resolutely opposed the issuing of mutual debt, is the …

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“Who Cares About Greece?” Offensive Ad in London Underground

 No, this sweaty speculator, this greedy guy with greasy hair surely does not. He is waiting for Ireland to go on sale… The advertisement of POWWOWNOW company hangs in London Underground. Does it offend Greeks? Hm… I do not really know. It is not the first and it won’t be the last of this kind …

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Greece’s President Papoulias Flies to Brussels Economy Class…

 The president of debt-laden Greece Karolos Papoulias and the Greek delegation flew to EU Summit in Brussels using economy class on Wednesday afternoon. The 83-year-old president takes the burden of travelling ‘stuck’ in a 3-seat row, in order to set an example of frugality when the majority of the Greeks suffer under …

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Is the Greek Government … Cursed?

The start for Greece’s coalition government that emerged after the June 17 elections could not be worst. Just one day after the new government of Nea Dimocratia, PASOK and Democractic Left was sworn-in, a series of  “unlucky” incidents started to occur:  -PM Antonis Samaras was hospitalized due to retinal detachment. …

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Driver Received “Blindness Pension” – In Greece, Where Else?

Despite the harsh austerity the extortion of public money continues without end. It is only a matter of …coincidence that law breakers are caught. At the same time, thousands of Greece’s needy, chronic ill and low pensioners see their income sharply decreasing and are deprived of medicine, as the health …

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Merkel on Eurobonds: “Not in My Lifetime”

German Chancellor Angela Merkel sought to bury once and for all the idea of common eurozone bonds yesterday (26 June), as Italian Prime Minister Mario Monti repeated calls to use the EU’s bailout funds to ease pressure on Italian debt. Two days before a crucial European Union summit, European Council …

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Athens: Arson Attack against Microsoft Headquarters

Unknown assailants attacked the Microsoft headquarters in Athens with a van that they set on fire in the early morning hours of Wednesday. Nobody was injured as the assailants had removed the security guards prior to arson. The ground floor of the building was damaged, the operation of US software company was …

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