October 14, 2024
Commercial real estate market in Greece continues its upward course
The commercial real estate market in Greece is showing a steady upward trend, with its prospects poi…
October 14, 2024
Israeli mining & diamond tycoon Beny Steinmetz detained in Athens
Israeli mining and diamonds magnate Beny Steinmetz was detained at Athens International Airport on S…
October 14, 2024
Daktylios: Traffic Ring restrictions in central Athens start Oct 14
Traffic ring restrictions in central Athens, in an area known as the “daktylios” (ring),…
October 13, 2024
Seeking for new leader, PASOK elects old leader Nikos Androulakis
In the second round of internal party elections for a new leader, socialist PASOK voted for the old …
October 13, 2024
Bodies of British couple found in Thessaloniki, northern Greece
The bodies of a British couple were found in the house they had been renting for the last nine years…
October 13, 2024
Weapons and explosives arsenal discovered in house in West Attica
An incredible arsenal of hand grenades, thousands of cartridges, flares, magazines, knives, other ki…
October 13, 2024
SYRIZA Central Committee blocks Kasselakis’ re-election bid
In a session full of turmoil, sharp argumentation and boycott efforts, the members of the Central Co…
October 11, 2024
Tempi Concert for the 57 victims of the train tragedy (LiveStreaming)
Thousands of Greeks and a sold-out concert dedicated to the 57 victims of the tragic train collision…
October 11, 2024
Stunning Aurora Borealis visible in Greece (picts)
An impressive appearance of the northern lights, the Aurora Borealis, in the town of Xanthi, Greece,…
October 11, 2024
British hiker dies in Kalavryta gorge, Peloponnese
The body of a 67-year-old British national was recovered from a remote area in Megalo Spileo, Kalavr…
Recent News
Private doctors collaborating with Greece’s National Organization for Health Care Provision (EOPYY), decided to stop offering their services on credit and charge insured patients. This so called “warning mobilization” will be implemented from August 20th to September 2nd, 2012. With the action called “work retention”, doctors want to put under pressure the …
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Greece Breaks New Record. In …Unemployment!
Unemployment successfully managed to break a new record and climbed up to 23.1% in May 2012. According to Greek Statistics Authority (ELSTAT), unemployment in May 2012 rose to 23.1% from 22.6% a month earlier. In comparison unemployment was 16.8% in May 2011. The total number of jobless Greeks is 1,147,372 men …
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Tough Times for Greek Patients as Doctors, Pharmacists Plan Boycotts – Again!
The situation is getting out of control here. Greece seems unable to pay its obligations to personnel and suppliers in the health care, doctors and pharmacists are getting ready to boycott patients’ access to health care. Private doctors want to suspend their work contracts with Greece’s National Organization for Health …
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“EU Source” Claims No €31-Billion Bailout Tranche Before October
The notorious but anonymous “EU source” spoke again. And said that Greece would not receive the €31-billion bailout tranche before upcoming October. Greece has been expecting to receive the financial aid in September, but the EU source claimed Greece’s lenders won’t give any green light to the tranche, before the Eurogroup meeting in …
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Juncker: “Some Greek Newspapers See Merkel as Late Heiress of the Nazis”
Is this some kind of avantgarde humor from Luxembourg? The country’s prime minister and head of the Euro group, Jean Claude Juncker told German public broadcaster WDR, that “some Greek newspapers treat German chancellor Angela Merkel as if she were the successor of the Nazis. Juncker was speaking about Greece when he …
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Greek Government Crisis No 2: The Hot Potato of “Labour Reserve”
Greece’s three-party coalition government faces a new test. The cohesion of Samara’s government is under strong pressure due to some measures essential to reach the volume of 11.5 billion euro spending cuts. Precisely the issue of “labour reserve” in the public sector threatens to bring Greek government into falling apart. Two junior government …
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Standard & Poor’s Revised Greece’s Outlook to Negative
Ratings agency Standard & Poor΄s on Tuesday revised Greece΄s outlook to negative, saying the debt-ridden euro zone country could need more help from its international creditors. “Following delays in implementing budgetary consolidation measures and a worsening Greek economy, we believe Greece is likely to require additional financing for 2012 under …
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Greeks Angry About No Lay-Offs in Public Sector, Cuts in Lowest-Pensions
Greeks are getting more and more angry. Each and every day fresh adrenaline shot drive high blood pressure, heart beats and deep rooted frustration. They need just a tiny spark to explode. Reason for this boiling mood are the upcoming additional austerity measures, the so-called “spending cuts” worth 11. billion euro. So far, no public …
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The Nightmare on Padlocks Street – 68K Small Businesses Closed Down in First 6 Months of 2012
The voracious recession is swallowing one after the other small businesses and enterprises in Greece. Day in, day out. Estimated 68,000 commercial and small businesses have ceased their activity from early 2011 until April 2012. The storm of padlocks has taken epidemic dimensions and is not excepted to calmed down …
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IMF Pushes EU Lenders To Reduce Greece’s Debt
That’s enlightening. The International Monetary Fund allegedly pushes European governments to ease the burden of borrowed sums to Greece. The IMF claims, it is under pressure by its own members about the huge amounts they have lent to Euro Zone. Speaking to Wall Street Journal under conditions of anonymity, IMF …
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Why No Politician Dares Telling Greeks About the €11.5 Billion Cuts?
The Troika left, Greek politicians were left behind. In Athens. Greece’s lenders inspectors left the Greek capital Athens on Sunday after they laid the country’s coalition government leaders on Procrustes* bed. Representatives from IMF, EU and ECB did not stretched them on the rogue’s bed. Instead, they cut so much it needed to fit to …
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SPIEGEL: Alexis Tsipras Among the “10 Most Dangerous Politicians of Europe”
Alexis Tsipras, leader of left-wing SYRIZA and leader of main opposition party is one of “10 most dangerous politicians in Europe of euro crisis”, if we want to believe German weekly DER SPIEGEL. According to German weekly the “Ten agitators to bring the European project is in serious danger,” are “profiteers …
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Seeking for new leader, PASOK elects old leader Nikos Androulakis
In the second round of internal party elections for a new leader, socialist PASOK voted … Read More » -
SYRIZA Central Committee blocks Kasselakis’ re-election bid
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17 Schengen countries, incl. Greece, call for new legislation for returns of irregular migrants
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PASOK elections: Incumbent leader Androulakis to face Athens Mayor Doukas in 2nd round
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Ex PMs turn their back to Mitsotakis and ND 50th-anniversary party
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Deposed SYRIZA-leader, Stefanos Kasselakis, candidates again for party leadership
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Iran-backed Houthi rebels threaten Greek-flagged vessels
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Greeks, Cypriots evacuated from Lebanon with C-130 of Greek Air Force
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Greece’s National Action Plan to deal with demographic problem
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Greece activates mechanism to assist Greeks wishing to leave Lebanon
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Greek citizen among the dead of terror attack in Jaffa, Tel Aviv
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Commercial real estate market in Greece continues its upward course
The commercial real estate market in Greece is showing a steady upward trend, with its … Read More » -
Tax officers in Corfu arrested for extorting money from local businessmen
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Second phase of hydrocarbon survey off SW Crete starts
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Greece to tax “tips” for waiters and delivery workers (POLL)
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“Green” residential electricity tariffs down 6%-17% in Oct