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Recent News

Greece’s Seamen Join the General Strike, Feb 7/12

Greek Seamen Federation decided to join the 24-hour general strike on February 7th, 2012. The strike will effect all kinds of ferries and ships, it strike will start at 00:01 Tuesday and will end at 12:00 pm. (source: here)

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Poll: 53% of Germans Want Greece to Quit the Euro

The majority – however not the overwhelming – of Germans would better see Greece outside the euro zone, according to an Emnid poll published by German Bild am Sonntag. 34% of Greece’s European partners in Germany say the debt-ridden country should keep the Euro. So far there has been no …

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Athens Stock Exchange Up, As Markets Optimist About the Greek Deal

Athens Stock Exchange rallies positive on Monday morning, as markets are optimist about the Greek deal, the new loan agreement with the country’s lenders. At 12:48 noon, the General Index records a +3.13% and heads towards 800 units. The General Index of Athens Stock Exchange is heading to 800 units, …

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Greece’s Unions Go on General Strike, Feb 7/12

Public and private sector unions, ADEDY and GSEE, will launch a 24-hour general strike tomorrow Tuesday, February 7th, 2012 to protest the new austerity measures package. “These policies lead mathematically to the decline of the Greek economy and the impoverishment of the society. Employees will turn into outcasts, jobless and …

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DER SPIEGEL: Juncker Does Not Exclude Greek Default

While dramatic negotiations are taking place between the Greek government and the Troika in Athens, Jean-Claude Juncker, the head of the Eurogroup, used a German magazine to put more pressure on Greece. In an interview to Der Spiegel, Juncker warned there there will be a default on march, shouldn’t the …

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Ilia: Torrential Rains Flood Large Areas – One Dead (pics, videos)

A woman, 80, lost her life last night in Ilia, when she was trying to get out of her home and escape tons of rushing water. The woman had a tragic death. She was found drown, trapped at the wire fence of her house. Due to torrential rains that fell in …

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Greek-Troikan War in the Shadow of a “Default” Ultimatum

We could also title this article “Greek-Troijan War” with the Troika being on the Trojan front riding a Trojan horse. A trick-offer apparently aiming  to save the country but in fact targeting to economically destroy the Greek citizens. Dramatic negotiations without results so far are taking place under an extreme time …

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Patras: Protesters Bang Empty Pots Against Austerity (video)

Residents of Patras marched through the streets of the city on Saturday morning holding and banging empty pots.  It was a march of young and middle ages people, and families who demonstrated with their children. Middle-class residents of the city of Western Peloponnese took to the streets in order to protest the …

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Greece’s Neo-Homeless Seek Shelter at Airport

This is another shocking evidence about Greece’ “Neo”- Homeless,  middle class people who fell victim of the economic crisis. In a thrilling report published in daily Eleftheros Typos, workers at Eleftherios Venizelos, Greece’s biggest airport. speak of dozens of people who seek shelter in the area, pretending to be airlines …

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FinMin Venizelos: Moment of Truth for Greece’s Political Parties

 “Tomorrow is the moment of truth for all political parties.” Greece’s Finance Minister Evangelos Venizelos made this dramatic statement at the dawn of Saturday after a marathon meeting with Troika representatives that lasted 12 hours.  “We have resolved several issues but several critical issues remain open, issues that concern the future …

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