Keep Talking Greece

Fake Clowns Seek 15 sec of Fame with Greek Crisis

September 24, 2011 8

I have been in a dilemma for quite some time now, as to whether I should post about some prominent or totally unknown clowns around Europe who misuse Greece’s financial situation to gain their 15 seconds of fame. Just recently I read about a German tax consultant who tried to cross …

Hackers Post Greek Flag on Piri Reis Route on MarineTraffic (exclusive picture)

September 24, 2011 Comments Off on Hackers Post Greek Flag on Piri Reis Route on MarineTraffic (exclusive picture)

This morning Greeks were desperately trying to find the exact position of Turkish hydrocarbon research vessel Piri Reis on Marine Traffic.com, the vessel traffic service. On some pc screens the site appeared to be down. However one – or maybe more- were lucky to get a screen shot from the hacked page. …

Greek Black Friday: ASE Sinks Under 800 Units

September 23, 2011 Comments Off on Greek Black Friday: ASE Sinks Under 800 Units

The General Index of Athens Stock Exchange fell bellow 800 units with loss at -3.87%. The ASE landed at 797.95 for the first time since April 1995, forced by the severe pressures triggered by political ineffectiveness against the debt crisis domestically and abroad. Banks losses accumulated at -15% during the week. Banks …

New Greek Patriotic Doctrine: “Pay or Argentina!”

September 23, 2011 3

That the majority of Greeks and their elected politicians live in parallel universes is not a secret. The deeper the crisis, the wider the gap. Then while the citizens struggle to cope with a tsunami of taxes, levies and high prices, the politicians think that the crisis in not here …

Piri Reis: Turkey’s Boogeyman Set Sail to Eastern Mediterranean Sea

September 23, 2011 4

Turkey’s hydrocarbon research ship Piri Reis has been Greeks’ nightmare for years. As Piri Reis has the bad habits to perform its research near Greece’s territorial waters, Athens expects another Turkish provocation near the island of Kastelorizo. Friday morning Piri Reis set sail from the port of Izmir for the …

The Fun Side of Life – The Greek Parliament (videos)

September 23, 2011 2

Laina Kanelli, a deputy from the Greek Communist Party (KKE) made a sensational appearance at the Parliament on Thursday night. She climbed the speaker’s seat and started unpacking her super-market bag. She revealed a loaf of bread and a bottle of milk. And she said to the stunned MPs. “One …

Moody’s Greek Banks Downgrade Sends ASE in Red

September 23, 2011 Comments Off on Moody’s Greek Banks Downgrade Sends ASE in Red

Moody΄s Investors Service downgraded the long-term deposit and senior debt ratings of eight Greek banks by two notches. National Bank of Greece, EFG Eurobank Ergasias, Alpha Bank, Piraeus Bank, ATEbank and Attica Bank downgraded to Caa2 from B3, while Emporiki Bank and Geniki Bank downgraded to B3 from B1. All of …

Athens: Public Transport Strike & Car-Pool Alternative, Sept 23

September 23, 2011 Comments Off on Athens: Public Transport Strike & Car-Pool Alternative, Sept 23

Athenians experience another day without major public transport mean, as the Metro, the Urban Train-HSAP and the Tram are on 24-hour strike, on Friday, September 23rd 2011. This morning the traffic jams of desperate motorists trying to reach their work places were incredible. Meanwhile, residents of Athens with or without …

Athens: New Acropolis Museum Events Free of Charge, Sept 23

September 23, 2011 4

The New Acropolis Museum celebrates the European Days of Cultural Heritage today, Friday, September 23rd 2001. It will be open from 8 am until midnight. At 8 pm, Monsieur Minimal Full Band and Marietta Fafouti Band will entertain the visitors with live music. Museum visit and event are free of charge. …

Poll: 62% believe Greek Gov. Not Authorized to Take Austerity Measures

September 22, 2011 Comments Off on Poll: 62% believe Greek Gov. Not Authorized to Take Austerity Measures

The pulse of the society comes form the island of Crete, specifically from the Chania prefecture. According to a public poll, conducted by Cretan Polls, 65.5% of the asked Greeks replied that the government is not authorized to take the austerity measures. 42.1% believe that the economic situation will worsen …

Students Protested Outside Greek PM’s Home (video)

September 22, 2011 1

Some 150 school and university students protested outside the home of Greek prime minister George Papandreou on Thursday morning. Six riot police squads were immediately sent to the Castri area in the north suburbs of Athens. Cordoning the area, the police hindered the students to near PM’s home, at a …

Can the New Austerity Measures Prevent a Greek Default?

September 22, 2011 2

There must be “something rotten in the state” of… Greece. While austerity measures drain the Greeks, freeze the market and deepen the recession, the government seems unable to take control of its expenses or to raise revenues due to … the recession. The State Deficit amounts to €18,086 million in January-August 2011, …