Tuesday , March 18 2025

Recent News

Scandal with Fake Classification Docs Bring Cruises to Halt

Touristic cruises came almost to halt at the Ionian islands after the scandal with fake classification documents broke out. Currently 16 ships were ordered by the Ministry of Citizen’s Protection to stop operating after irregularities in their documents issued by a Russian classification agent in Piraeus. According to Greek state network …

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“Indignant” Greeks Re-Start Protests, Sept 3

“Indignant” Greeks are ready to restart! As summer vacations are over and temperatures have dropped a bit, ‘indignant’ Greeks have called for restarting the protests in front of the Parliament at Syntagma Square in downtown Athens today, Saturday September 3rd 2011 at 7 p.m. And not only! With the slogan “The …

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Greece – Troika at Odds Over Budget Deficit

Negotiations between Greece and its Troika lenders seem to have reached a deadlock. Greek media report that the meeting was interrupted Thursday night in Athens, and that the EU/IMF/ECD representatives did not complete their review of the Greek economy for the release of the sixth tranche of the €110 billion …

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Athens METRO & Urban Train on Strike, Sept 2

Hardly is the summer vacations period over and strikes started to hit Greece or correctly to say… the residents and tourists in Athens. The Metro and the Urban Train HSAP are on a 24-hours strike on Friday, September 2nd 2011. The workers oppose the employees’ transfers as scheduled by the bill …

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The News Can’t Wait…

Hardly had KTG put a step away from home and important events occurred. The first was the merger of the private Greek banks Alpha and Eurobank under the friendly blessing and financial backing of Qatar – the Gulf state that Greece had been long struggling to win for investments. The …

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Dramatic Young Dolphin Rescue By Greek Volunteers (picts, video)

Swimmers at a Gytheion beach were more than alarmed to see a dolphin swimming in the area, living behind a trace of blood. Men, women and even chilrden rushed to capture the small dolhin and bring it to rescue. A wonderful and touching story showing also that there is indeed …

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Germans to Aid Greeks Become Better People

A German delegation headed by State Secretary for Economy & Technology Stefan Kapfer arrived in Athens to discuss with Greek politicians green investments, privatizations and tourism. Also the establishment of an independent investment bank with the assistance of the KfW was discussed. Greek Minister for Development and Competitiviness Michalis Chryssochoidis told reporters after …

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Di Caprio and Lively Enjoy Summer in Zakynthos? (video)

That’s a news items from the category ‘lighter note to economic misery’. Hollywood start Leonardo di Caprio enjoys holidays in the beautiful island of Zakynthos. According to unconfirmed information of Greek media, Leonardo di Caprio takes pleasure in the aquamarine waters of Zante together with his new girl friend Blake Lively. The two …

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Skai TV: Greek State Biggest Obstacle to Business Development

In times of  blur economic future and desperate search for income, many Greeks try to set up their own business. However the biggest problem for the way to professional independence is the state! Not that we didn’t know that but to hear such a statement on Greek television it sure …

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Greeks Open Umbrellas – It Rains Taxes Again…

Today’s news lulls me sweetly. Running around the whole morning to fix issues does not exactly promote inspiration, clear thinking, cool analysis and sorting out. Today’s news is not good. As it hasn’t been in the last months. Increasing unemployment and one in five companies preparing to close. The market has dried …

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Greek VAT Insanity: 6.5% for Foreigners, 23% for Greeks

That Greece is an absurd country I knew the moment I decided to return from living abroad over some decades. But it was beyond my vivid imagination that I will have to experience this, day by day – and even moment to moment. With a decision that touches the limits of European …

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