Monday , February 10 2025

Recent News

Morgan Stanley Faces Charges Over Greek NBG-AlphaBank Merger Talks

 Greek court officials A Greek prosecutor brought charges against Morgan Stanley for alleged inside trading in connection with the planned deal between National Bank of Greece and Alpha Bank in January 2011, a merger plan that failed at the end. According to Greek and international media, charges were brought after investigation …

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Greek Government Collapsed Averted, Partners Agreed on €11.5 Billion Cuts

The three partners of the Greek coalition government partners finally agreed upon the 11-billion euro austerity package, even though Venizelos (PASOK) and Kouvelis( Democratic Left) had their reservations. “I disagree but I am forced to accept. We will not take the country to elections,” Venizleos said after the meeting with …

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It wasn’t Vladimir Putin on Greek Vacation But Bankier Andrey Kostin

…Oops! It wasn’t President Vladimir Putin but Andey Kostin, powerful Russian bankier on visit to West Ploponnese, Katakolon and the Ancient Olympia. That’s what local news portal Patris News reported later in the evening. Not problem at all. The news portal  writes anyway that Kostin and his  companions are on …

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EOPYY Phone-Number for Doctors’ Appointment To Change as of August 6/2012

The telephone number of National Organisation for Health Care Services (EOPYY) is due to change as of August 6, 2012. Instead of <184> insurers will have to call <14884> or <14900>. At the same time the phone call fees will be raised from 0,03€ per call now to 1,08 euro for …

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Crete: Jobless Father of 7 Arrested for State Debt of Swirling 5,000 Euro

It’s always the easy and vulnerable target that pays the price. It’s always the weak and defenseless who gets to feel the rigid face of the law. Whether it’s called “austerity”, “state revenues”, “fill the state pockets”, “pay back lenders” or generalized “structural reforms”.  In Iraklio, Crete, the easy target was a father …

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Chrysi Avgi (Golden Dawn) Distributes Food Packages To “Greeks Only”

me-right Chrysi Avgi (Golden Dawn), party officials, MPs and volunteers started to distribute food packages free of charge on Wednesday morning at Syntagma Square in downtown Athens. To the needy Greeks of Athens. Already at 9 o’ clock boxes containing potatoes, pasta, milk and oil were piled in an utmost discipline …

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Greece Becomes the Bogeyman for US-Voters in Anti-Obama Campaigns

That’s really ridiculous! As if we, Greeks, had not enough problems trying to cope with anti-Greece publications on international media, now we are used in the US presidential elections. In fact we are misused and exploited and turn into a scapegoat by anti-Obama Republican campaigners, to serve their own political purposes and …

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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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