Sunday , December 1 2024

Recent News

Hot Days in Athens: It’s not the Weather, it’s the Society, Stupid!

That was fairly hot during the last hours in Athens, with unionists occuping the headquarters of Public Electricity Company, unknown arsonists to have caused a blast in a Tram wagon, unknown attackers to have attacked a local Golden Dawn branch, and several protests launched by professional and society groups here and …

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Employees Build a Wall in Hospital Entrance for Mental-Ill

Employees at Dromokaitio, the Athens  state hospital for mentally ill decided to block the entrance for new patients claiming the hospital was overcrowded and there was no place for new admissions.  With trowel and cement blocks, protesting employees started to build a wall right in the entrance of the hospital. Video: making …

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Greece’s Financial Crime Units Probe Hundreds of Tax Evaders, also up to 60 Politicians

It isn’t 32, it isn’t 36, it isn’t 38… According to Sunday edition of Kathimerini, it is up to 60 politicians under investigation by Financial Crime Units (SDOE) of Greek financial ministry. Government officials, former ministers and MPs are allegedly under scrutiny for suspected tax evasion and other financial crimes. With …

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$600 Billion Offer to Buy Greek Debt – END of Story…

Finally, there is some official reaction  to the offer of alleged Diaspora Greeks to buy the Greek Debt with the mythical donation of 600 billion US-dollars. After several weeks with Greek-American Emmanuil Lambrakis going around, speaking to television channels and inviting journalists to press conferences, creating false hopes to debt-ridden and broke citizens …

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Reuters: Greece Looks Out to Sea for Gas Wealth of $600 Billion

Offshore natural gas could dramatically change Greece’s fortunes, should early estimates of $600 billion worth of reserves be confirmed, according to a study presented to Prime Minister Antonis Samaras in June and seen by Reuters. The study, collating existing scientific data, says that geological similarities indicate that reserves offshore Crete …

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A new Troika Demand? Austerity of €10 Billion In a Single Year?

If it’s true, this is, indeed, insane. According to Ta Nea newspaper, Greece’s lenders’ representatives want that almost the whole package of austerity measures will be implemented in 2013 and won’t be distributed more or less equally to 2013 and 2014. The new Troika’s request is allegedly that additional 2 billion …

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