Monday , January 13 2025

Recent News

Roubini: Greek Euro Exit Would Destroy the Euro

Economist Nouriel Roubini, the man who had been pushing Greece to exit the euro area for two consequent years, made a U-turn. “Stop supporting Greece would cause the euro zone to collapse” Roubini said in an interview to German daily BILD. He warned that a Greek exit would also trigger …

Read More »

Greeks Keep Transferring Their Money Abroad; Estimated €100-500 Million per Day

Greek banks are bleeding as concerned citizens transfer their money abroad to secure them in case of a euro exit and return to drachma. Estimated 100 million to 500 million euro are tranferred from the Greek banks abroad on a daily basis due to citizens worries about the outcome of the economic …

Read More »

Defense Minister: Greece’s “Silent Military Force Can Make a Deafening Noise If Necessary”

 I am unable to decode the message of Greek caretaker Defense Minister Frangoulis Fragos, former Chief of Land Forces. Did the retired general address Greece’s friends or Greece’s external and/or internal foes? “I wish the Democracy functions and I will directly deliver [the mandate] to the elected Minister of Defense,” Frangos …

Read More »

FinMin: Chasing Taxes In- and Outside Greece, Seizing Salaries & Pensions, Confiscating Properties

 Greek Finance Ministry extended the procedure to ‘regulate’ overdue taxpayers’ debts until 29. June 2012. The extension refers to debts to the state after they became overdue until 29. February 2012. Private persons with debts up to 10,000 euro and companies with debts up to 75,000 euro are eligible to …

Read More »

Prosecutor to Investigate Greek Left-Extremist Calling for “Guerilla War” Against “Occupation Forces”

I – and many millions other  Greeks – would not know that there is a man openly calling people for a “Guerrilla War” against “the forces of occupation”, meaning Greece’s lenders. We wouldn’t have the slightest idea that such a “resistance war” is carried out with “molotov cocktails, weapons, knives, clubs, excecutions and kidnappings of …

Read More »

Greek Absurdity: Dead Men Pay Taxes….

News like that prove that the debt-ridden country with the empty state coffers is still able to make you smile instead of crying. From time to time. While the Finance Ministry under caretaker Pikrammenos government does its best to get even one cent from taxpayers, the extensive zealous of some officers leads …

Read More »

Powerful Earthquake 6R Shakes Greek Islands and SW Turkey

 A powerful earthquake measuring 5.8 on the Richter scale occurred at 03:44 p.m. on Sunday in the sea area between the Greek islands of Rhodes and Kastelorizo and the Turkish South-Western  coast. The Seismologic Institute Kandili in Istanbul/Turkey gave the earthquake intensity with 6.1R. There were no deaths but some …

Read More »

Golden Dawn MP Kasidiaris To Sue Those Who “Incited” Him to Punch…

 Ilias Kasidiaris, the MP of extreme-right party who punched a Communist MP and threw water to a left-wing MP, will sue those physically and morally responsible for the incident. In a statement published at the website of Chrysi Avgi (Golden Dawn), Kasidiaris wrote that he regrets “for being personally and involuntarily …

Read More »